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The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history. [1]: 11.
According to preliminary data released by the authorities, China's GDP in 2023 was CN￥126.06 trillion (US$ 17.89 trillion [ 31 ]) with a real increase of 5.2% than the last year. [ 32 ][ 33 ] China is the world's largest manufacturing economy and exporter of goods. [ 34 ]
Economic history of China (1912–1949) GDP per capita in China (1913–1950) After the fall of the Qing dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to ...
Economic history of China (1912–1949), the economic history of the Republic of China during the period when it controlled Chinese mainland from 1912 to 1949. For the economic history of the Republic of China during the period when it only controls Taiwan area after 1949, see Economic history of Taiwan#Modern history.
China, for the last two millennia, was one of the world's largest and most advanced economies. [1][2][3] Economic historians usually divide China's history into three periods: the pre-imperial era before the rise of the Qin; the early imperial era from the Qin to the rise of the Song (221 BCE to 960 CE); and the late imperial era, from the Song ...
The gross domestic product of China in 2019 was CN¥ 99.08651 trillion, [4] or US$ 14.4 trillion (nominal). [5] China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006, Germany in 2007, Japan in 2010 and that of the Eurozone in 2018 making China the world's third largest economy after the European Union ...
People's Republic of China portal. Communism portal. v. t. e. The Chinese economic reform or Chinese economic miracle, [1][2] also known domestically as reform and opening-up (Chinese: 改革开放; pinyin: Gǎigé kāifàng), refers to a variety of economic reforms termed "socialism with Chinese characteristics" and "socialist market economy ...
The first three chapters briefly discuss China's geography, the Chinese economy before 1949, the socialist centrally planned command structure from 1949 to 1978, and a short analysis of the Chinese economic reform period that began in 1978. Then, beginning with Chapter 4, topics are narrowly defined by economic sector and discussed in greater ...