Country Information

	General		WTO commitments
	Government		Investing and doing business in China
	Economic indicators		Accessing and entering China
	Reforms and national development

Economic indicators (2004)

Second largest economy in the world after the USA, based on purchasing power parity in 2003 although still poor on a per capita basis.

GDP

$US1,657.6 billion

GDP per capita

$US1,270

Real GDP growth (% YOY)

9.4

This has changed in the last 40 years
 

Exchange rate

$A1 - 5.75 RMB (July 2004)

Consumer goods market

Foreign Direct Investment

Inflation rate

Public debt

30.1% of GDP (2003)

Imports/Exports

Main export destinations    Main import sources

Rice, wheat, potatoes, sorghum, peanuts, tea, millet, barley, cotton, oilseed, pork, fish

Iron and steel, coal, machine building, armaments, textiles and apparel, petroleum, cement, chemical fertilizers, footwear, toys, food processing, automobiles, consumer electronics, telecommunications

1.207 million bbl/day (2001)

Machinery and equipment, mineral fuels, plastics, iron and steel, chemicals

Machinery and equipment, textiles and clothing, footwear, toys and sporting goods, mineral fuels

Foreign exchange reserves & gold

$412.7 billion (2003)
 

The coastal region is the wealthiest and most populous