Country Information

	General		WTO commitments
	Government		Investing and doing business in China
	Economic indicators		Accessing and entering China
	Reforms and national development		Province; autonomous region; city snapshots

Economic indicators (2004)

China has the second largest economy in the world (after the USA), based on purchasing power parity in 2003, although it is still poor on a per capita basis.
 

GDP

$US1,600.8 billion (DFAT)

GDP per capita

$US1,232 (DFAT)

Real GDP growth (% YOY)

9.5 (DFAT)

This has changed in the last 40 years
 

Exchange rate

$A1 - 6.08 RMB (Aug 05)

Consumer goods market

Foreign Direct Investment

Inflation rate

Public debt
 

30.1% of GDP (2003)
 

Imports/Exports

Main export destinations    Main import sources

Rice, wheat, potatoes, sorghum, peanuts, tea, millet, barley, cotton, oilseed, pork, fish

Iron and steel, coal, machine building, armaments, textiles and apparel, petroleum, cement, chemical fertilizers, footwear, toys, food processing, automobiles, consumer electronics, telecommunications

1.207 million bbl/day (2001)

Machinery and equipment, mineral fuels, plastics, iron and steel, chemicals

Machinery and equipment, textiles and clothing, footwear, toys and sporting goods, mineral fuels

Foreign exchange reserves & gold

$659 billion (March 2005)

 

The coastal region is the wealthiest and most populous