Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's share of global economy rises to over 18 pct: official

May 12, 2022


Abstract : China accounted for over 18 percent of the global economy in 2021, rising from 11.4 percent in 2012, an official said Thursday.

BEIJING, May 12 (Xinhua) -- China accounted for over 18 percent of the global economy in 2021, rising from 11.4 percent in 2012, an official said Thursday.

China has both cemented and improved its status as the world's second-largest economy over the past decade, said Han Wenxiu, a senior official with the Central Committee for Financial and Economic Affairs.

The country's gross domestic products (GDP) topped 114 trillion yuan (about 16.94 trillion U.S. dollars) in 2021, and per capita GDP reached 12,500 U.S. dollars, close to the threshold for high-income economies, Han said.

The contribution of China's economic growth to the world economy has stood at around 30 percent in recent years, making it the largest growth engine for the global economy, Han added.

Scan the QR code and push it to your mobile phone

Keyword: China economy

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial