China’s Economic Expansion by the Numbers
From 2003-2006 -
China's total economic value has increased in rank from 6th to 4th in the world.
Average per capita income has entered the middle income internationally.
Average GDP growth rate – 10.4%, 5.5% points higher than the world average.
Steady growth rate – just 1.1% points between highest and lowest.
Only the US, Japan, and Germany have larger economies.
In 2002, China's GDP was 13.9% of that of the US, 37% of that of Japan, and 71.8% of that of Germany.
In 2006 – it was 20% of that of the US, 60.6% of that of Japan and 91.3% of that of Germany.
In 2002, China's GDP was 4.4% of the world's total….in 2006, 5.5%.
"In 2002, China's per capita income surpassed 1,000 US dollars for the first time to 1,100 dollars; while in 2006, the per capita income increased to 2,010 dollars."
China now ranks 129th in the world, up from 132nd four years ago.
Any doubt that China's economy is growing?
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