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China Economic Yearbook (Almanac of China's Economy, 中国经济年鉴) is an annually published economic record that is published by the Development Research Center of the State Council of the People's Republic of China. Founded in 1981, China Economic Yearbook records the development of China's national economy and social progress annually.
18 September – A ten-year old student of a Japanese school dies in a knife attack in Shenzhen. The suspect is arrested. [81] 25 September – China carries out its first test of an intercontinental ballistic missile since 1980, launching a dummy warhead into the Pacific Ocean [82] that lands near the Marquesas Islands. [83]
In 2020, China produced over 1053 million tonnes of steel, over half of the world total. This was an increase of 5.6% over the previous year as global steel production fell by 0.9%. China's share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020, decreasing -2.1% in 2021. [253]
Women have been a major labor presence in China since the People's Republic was established. Some 40–45 percent of all women over age 15 are employed. China's estimated employed labor force in 2005 totaled 791.4 million persons, about 60% of the total population.
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
* indicates "Labor in COUNTRY or TERRITORY" or "Economy of COUNTRY or TERRITORY" links. Country (or area) Agriculture [%] [2] Industry [%] [3] Services [%] [4] Date of information Afghanistan * 46 18 36 2020 Albania * 35 22 44 2021 Algeria * 10 31 59 2021 American Samoa * 34 33 33 1990 Andorra * 0.4 4.7 94.9 2010 Angola * 59 8 34 2021
Material costs, too, will continue to rise and will reach global levels. As the economy slows down, it becomes harder and harder for companies to pass on the costs to customers. China's rising labor costs will help other South Asian countries gain a foothold in low-end manufacturing. [9]
The automotive industry in mainland China has been the largest in the world measured by automobile unit production since 2008. As of 2024, mainland China is also the world's largest automobile market both in terms of sales and ownership. The Chinese automotive industry has seen significant developments and transformations over the years.