Friday, July 2, 2010

Economy of China


Rank
3rd
Currency
Renminbi (RMB); Unit: Yuan (CNY)
$ USD = 6.78090227 RMB
(
July 2, 2010)
Calendar year (01 January to 31 December)
Trade organizations
WTO, APEC, G-20 and others
Statistics
$4.91 trillion (nominal: 3rd; 2009)
$8.77 trillion (PPP: 2nd; 2009)
GDP growth
8.7% (major economies: 1st; 2009)
GDP per capita
$3,677 (nominal: 97th; 2009)
$6,567 (PPP: 98th; 2009)
GDP by sector
industry (48.6%), services (40.5%), agriculture (10.9%) (2009)
3.1% (Q-2 2010)
Population
below poverty line
2.8% (2007)
Labour force
812.7 million (1st; 2009)
Labour force
by occupation
agriculture (39.5%), industry (33.2%), services (27.2%) (2008)
4.3% (2009)
Main industries
mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites
External
Exports
$1.2 trillion (1st; 2009)
Export goods
electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment
Main export partners
US 17.7%, Hong Kong 13.3%, Japan 8.1%, South Korea 5.2%, Germany 4.1% (2008)
Imports
$1.01 trillion (2nd; 2009)
Import goods
electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals
Main import partners
Japan 13.3%, South Korea 9.9%, Taiwan 9.2%, US 7.2%, Germany 4.9% (2008)
FDI stock
Home: US$576.1 billion (9th; 2009)
Abroad: US227.3 billion (14th; 2009)
Gross external debt
$347.1 billion (22nd; 2009)
Public finances
Public debt
18.2% of GDP (107th; 2009)
Revenues
$972.3 billion (2009)
Expenses
$1.137 trillion; (2009)
Economic aid
recipient: $1.12 per capita (2008)[1]
Credit rating
$5.555 trillion (4th; 2008)
Foreign reserves
$2,447.1 billion (1st; Mar 2010)

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