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From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching a historical high of 15.2% in 1984 and a record low of 3.8% in 1990. Based on the current price, the country's average annual GDP growth in these 32 years was 15.8%, reaching an historical high of 36.41% in 1994 and a record low of 6.25% in 1999.
China's gross domestic product stood at US$3.4 trillion while Germany's GDP was US$3.3 trillion for 2007. This made China the world's third largest economy by gross domestic product . [ 46 ] Based on these figures, in 2007 China recorded its fastest growth since 1994 when the GDP grew by 13.1 percent.
According to a 2019 research paper published by the Brookings Institution adjusting the historical GDP time series using value-added tax data, which the authors said are "highly resistant to fraud and tampering", [122] [123] China's economic growth may have been overstated by 1.7 percent each year between 2008 and 2016, meaning that the ...
Gross domestic product (GDP) grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate of 4.6% growth from a Reuters poll ...
Gross domestic product (GDP) grew 4.9% in July-September from the year earlier, data released by the National Bureau of Statistics showed, versus analysts' expectations in a Reuters poll for a 4.4 ...
Data on Wednesday (0200 GMT) is expected to show gross domestic product (GDP) grew 5.3% in October-December from a year earlier, quickening from the 4.9 pace in the third quarter, according to a ...
Historically, the United States was consistently year after year the world's largest economy since the early twentieth century. However, the report from 2014 showed that for the very first time China overtook the United States as the largest economy in the world taking into account purchasing power parity (PPP). Indeed, the margin of power ...
China’s economy grew 5.2% in 2023, ... bringing 2023 growth to 5.2%. GDP for the last three months of 2023 rose by 5.2%, China’s National Bureau of Statistics said Wednesday. ... USA TODAY Sports.