Population: 1.37 billion in 20131
GDP: $9.24 trillion in 20132
GDP per capita: $6,807 nominal3 ($11,904 PPP4) in 2013
GDP growth rate: 7.4% in 20145
GDP by Industry 20126
Industry sector | Value added ($ billions) 2012 | Percent of total |
Manufacturing | 2,331 | 31.8% |
Other activities | 2,014 | 27.5% |
Wholesale, retail trade, restaurants and hotels | 814 | 11.1% |
Agriculture, hunting, forestry, fishing | 735 | 10.0% |
Mining and utilities | 586 | 8.0% |
Construction | 494 | 6.8% |
Transport, storage and communication | 347 | 4.7% |
Total value added | 7,322 | 100% |
Unemployment rate: 4.1% in Sept 20147
Employment by Industry in 20128
Employment sector | Percent of total |
Services | 36.1% |
Agriculture | 33.6% |
Industry | 30.3% |
Total | 100% |
Top 10 Corporations by Revenue 2013* 9
Rank | Corporation | Revenue ($ billions) 2013 | Profit ($ billions) 2013 | Assets ($ billions) 12/31/13 | Industry |
1 | Sinopec Group | 464 | 11.5 | 222 | Energy |
2 | PetroChina | 363 | 19.4 | 377 | Energy |
3 | State Grid | 330 | 8.3 | 414 | Energy |
4 | Industrial & Commercial Bank of China | 147 | 42.3 | 3,046 | Finance |
5 | China Construction Bank | 123 | 34.6 | 2,473 | Finance |
6 | Agricultural Bank of China | 115 | 27.0 | 2,405 | Finance |
7 | China State Construciton Engineering | 110 | 1.8 | 131 | Construction |
8 | Bank of China | 104 | 24.3 | 2,234 | Finance |
9 | China Mobile Communications | 101 | 19.4 | 187 | Telecommunications |
10 | Nobel Group | 82 | 0.2 | 20 | Diversified |
* Corporate data calculated using the exchange rate 6.21 CNY = 1 USD
Household Wealth: $21.4 trillion (231% of GDP) in 201410
Household Wealth per Adult: $21,330 in 201410
Gini Coefficient: .473 in 201311
Central Government
Central Government Revenue: $2.12 trillion (23% of GDP) in 201312
Central Government Expenditure: $2.29 trillion (25% of GDP)in 201312
Central Government Budget Balance: -174 billion (-2% of GDP) in 201312
Central Government Public Debt: $1.40 trillion (15% of GDP) in 201213
Central Government 10 Year Bond Interest Rate: 3.57% on Jan 15, 201514
Public Funds
China Investment Corporation: $575 billion (6% of GDP) in 201415
State Administration of Foreign Exchange: $300 billion (3% of GDP) in 201415
National Social Security Fund: $180 billion (2% of GDP) in 201415
Tax Structure
Personal Income Tax Rates and Thresholds in 2013*16
* Thresholds calculated using the exchange rate 6.21 CNY = 1 USD
Corporate Tax Rate: 25% in 201417
Monetary Base (M0): $928 billion (10% of GDP) in Nov 2014* 18
Benchmark Interest Rate: 5.60% on Nov 21, 201419
Total Reserves: $3.88 trillion (42% of GDP) in 201320
Exchange Rate: 6.21 Chinese Yuan = 1 U.S. Dollar on Jan 7, 201521
Inflation: 1.4% in Feb 201522
* Monetary base caluclated using the exchange rate 6.21 CNY = 1 USD
Top 10 Financial Institutions by Assets 201323
Rank | Financial Institution | Assets ($ billions) 12/31/13 |
1 | Industrial & Commercial Bank of China | 3,126 |
2 | China Construction Bank | 2,538 |
3 | Agricultural Bank of China | 2,406 |
4 | Bank of China | 2,293 |
5 | China Developement Bank | 1,322 |
6 | Bank of Communications | 984 |
7 | Postal Savings Bank of China* | 812 |
8 | China Merchants Bank | 663 |
9 | Shanghai Pudong Development Bank | 608 |
10 | Industrial Bank | 608 |
* Postal Savings Bank of China data is from 12/31/12
Exports: $2.21 trillion (24% of GDP) in 201324
Imports: $1.95 trillion (21% of GDP) in 201324
Trade Balance: $260 billion (+3% of GDP) in 201324
Foreign Direct Investment Inflow: $258 billion (3% of GDP) in 201325
Foreign Direct Investment Outflow: $73 billion (1% of GDP) in 201325
Foreign Aid Inflow: $2.5 billion (0.03% of GDP) in 201026
Foreign Aid Outflow: $6.6 billion (0.1% of GDP) in 201327
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: Reuters (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: Reuters (Unemployment rate Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Wall Street Journal (Public debt) Go back
14. Source: Investing.com (Government bond yield) Go back
15. Source: ESADE Sovereign Wealth Funds (Public funds) Go back
16. Source: PKF Tax Guide (Individual tax rates) Go back
17. Source: Tax Foundation (Corporate tax rates) Go back
18. Source: Federal Reserve Bank of St. Louis (Money supply) Go back
19. Source: Reuters (Benchmark interest rate) Go back
20. Source: World Bank Indicators (Total reserves) Go back
21. Source: Yahoo Finance (Exchange rate) Go back
22. Source: BBC News (Inflation) Go back
23. Source: Relbanks.com (Financial institutions by assets) Go back
24. Source: CIA World Factbook (Trade data) Go back
25. Source: OECD FDI in Figures (FDI data) Go back
26. Source: NBC (Aid inflow) Go back
27. Source: Global Humanitarian Assistance (Aid outflow) Go back