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Economy of China - Wikipedia

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Join Wikipedia Asian Month this November and December! Contribute in Wikipedia Asian Month and get a postcard! The People's Republic of China has a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans.[29] China has the world's second-largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).[30][note 2] China accounted for 19% of the global economy in 2022 in PPP terms,[31] and around 18% in nominal terms in 2022.[31][32] The economy consists of state-owned enterprises (SOEs) and mixed-ownership enterprises, as well as a large domestic private sector which contribute approximately 60% of the GDP, 80% of urban employment and 90% of new jobs. China is the world's largest manufacturing industrial economy and exporter of goods. China is widely regarded as the "powerhouse of manufacturing", "the factory of the world" and the world's "manufacturing superpower".[33] I

Economy of China - Wikipedia Jump to content From Wikipedia, the free encyclopedia This article is about the economy of the People's Republic of China. For the economy of the Republic of China, see Economy of Taiwan . For other uses, see Economy of China (disambiguation) . {{Cite web |url=https://www.imf.org/en/Publications/WEO/weo-database/2024/October/weo-report?c=924,&s=NGDP_R,NGDP_RPCH,NGDP,NGDPD,PPPGDP,NGDP_D,NGDPRPC,NGDPRPPPPC,NGDPPC,NGDPDPC,PPPPC,PPPSH,PPPEX,NID_NGDP,NGSD_NGDP,PCPI,PCPIPCH,PCPIE,PCPIEPCH,TM_RPCH,TMG_RPCH,TX_RPCH,TXG_RPCH,LUR,LP,GGR,GGR_NGDP,GGX,GGX_NGDP,GGXCNL,GGXCNL_NG

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