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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 ]
t. e. The People's Republic of China (PRC) became more influential economically in the 1990s and 2000s and was beginning to be widely recognized as an emerging superpower. In 2010, China became the world's second largest economy by nominal GDP and became the largest economy since 2014 measured by GDP PPP surpassing the United States which ...
Economy of the Ming dynasty (1368–1644) Economy of the Qing dynasty (1644–1912) 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 ...
China's economy in 1976 was three times its 1949 size (but the size of the Chinese economy in 1949 was one-tenth of the size of the economy in 1936), and whilst Mao-era China acquired some of the attributes of a superpower such as: nuclear weapons and a space programme; the nation was still quite poor and backwards compared to the Soviet Union ...
The Great Leap Forward was an economic and social campaign within the People's Republic of China (PRC) from 1958 to 1962, led by the Chinese Communist Party (CCP). Party Chairman Mao Zedong launched the campaign to reconstruct the country from an agrarian economy into an industrialized society through the formation of people's communes.
Wang Tao (Chinese: 汪涛; pinyin: Wāng Tāo; born in Changsha, Hunan) is a Chinese economist and expert on the Chinese economy. She is currently managing director, chief China economist and head of Asia economic research at UBS Investment Bank. [1] She served on the Mainland Opportunities Committee of the Hong Kong Financial Services ...
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 ...