Chinese GDP Measure
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A Chinese GDP Measure is a national GDP measure that can be used to create economic indicator systems (that support Chinese economic analysis tasks).
- AKA: China Gross Domestic Product, PRC Economic Output Measure, Chinese Economic Production Statistic.
- Context:
- It can typically measure Chinese Economic Output through Chinese government statistical methods.
- It can typically quantify Chinese Economic Activity through Chinese GDP calculation formulas.
- It can typically track Chinese Economic Performance through Chinese economic reporting periods.
- It can typically assess Chinese Economic Health through Chinese economic assessment methods.
- It can typically represent Chinese Market Value of all Chinese final goods and Chinese services.
- ...
- It can often provide Chinese Economic Comparison through Chinese historical economic data.
- It can often enable Chinese Policy Decision through Chinese economic forecasts.
- It can often inform Chinese Investment Strategy through Chinese economic trend analysis.
- It can often support Chinese Budget Planning through Chinese economic projections.
- ...
- It can range from being a Raw Chinese GDP Measure to being an Adjusted Chinese GDP Measure, depending on its Chinese economic adjustment factors.
- It can range from being a Nominal Chinese GDP Measure to being a Real Chinese GDP Measure, depending on its Chinese inflation adjustment approach.
- It can range from being a Historical Chinese GDP Measure to being a Forecast Chinese GDP Measure, depending on its Chinese economic time frame.
- It can range from being a Provincial Chinese GDP Measure to being a National Chinese GDP Measure, depending on its Chinese geographic scope.
- It can range from being a Quarterly Chinese GDP Measure to being an Annual Chinese GDP Measure, depending on its Chinese economic reporting period.
- ...
- It can be calculated by National Bureau of Statistics of China for Chinese economic reporting purposes.
- It can be reported in Chinese yuan values and US dollar equivalents for Chinese economic standardization.
- It can be analyzed by Chinese economic analysts for Chinese economic trend identification.
- It can be normalized through Chinese per capita calculation for Chinese population-adjusted comparisons.
- It can be tracked through Chinese GDP growth rate calculation for Chinese economic performance evaluation.
- It can be divided into Chinese economic sectors for Chinese structural economic analysis.
- ...
- Examples:
- Chinese GDP Measure Time Periods, such as:
- Pre-Reform Chinese GDP Measures, such as:
- Chinese GDP Measure (1952) of 67.9 billion Chinese yuans, during early communist economic period.
- Chinese GDP Measure (1965) of 171.6 billion Chinese yuans, during cultural revolution beginning.
- Chinese GDP Measure (1978) of 367.9 billion Chinese yuans, during pre-reform economic system.
- Reform-Era Chinese GDP Measures, such as:
- Chinese GDP Measure (1990) of 1.87 trillion Chinese yuans, during early market reform period.
- Chinese GDP Measure (2000) of 9.92 trillion Chinese yuans, during WTO accession preparation.
- Chinese GDP Measure (2008) of 31.4 trillion Chinese yuans, during global financial crisis.
- Chinese GDP Measure (2013) of 59.52 trillion Chinese yuans (9.24 trillion US dollars), during economic rebalancing initiation.
- Chinese GDP Measure (2020) of 101.6 trillion Chinese yuans, during COVID-19 pandemic response.
- Chinese GDP Measure (2023) of 126 trillion Chinese yuans, during post-pandemic recovery period.
- Current Chinese GDP Measures, such as:
- Forecast Chinese GDP Measures, such as:
- Pre-Reform Chinese GDP Measures, such as:
- Chinese GDP Measure Types, such as:
- Nominal Chinese GDP Measures, such as:
- Real Chinese GDP Measures, such as:
- Chinese GDP Measure Normalizations, such as:
- Chinese Per Capita GDP Measures, such as:
- Chinese GDP Growth Rates, such as:
- Chinese Regional GDP Measures, such as:
- Coastal Chinese Provincial GDP Measures, such as:
- Interior Chinese Provincial GDP Measures, such as:
- Chinese Sectoral GDP Measures, such as:
- ...
- Chinese GDP Measure Time Periods, such as:
- Counter-Examples:
- International GDP Measures, which measure non-Chinese economic output rather than Chinese economic output.
- Chinese GNP Measure, which includes Chinese overseas production but excludes foreign production in China.
- Chinese Income Measures, which track Chinese individual earnings rather than Chinese total production.
- Chinese Stock Market Measures, which represent Chinese equity valuations rather than Chinese total economic output.
- Chinese Debt Measures, which quantify Chinese financial obligations rather than Chinese economic production.
- Chinese Purchasing Power Parity Measure, which adjusts for cross-country price level differences rather than measuring nominal output value.
- US. GDP, German GDP, ...
- Chinese Median Income.
- Chinese Stock Capitalization Measure.
- See: National Economic Indicator, Chinese Economy Measure, Chinese GNP Measure, Chinese National Debt, Chinese Economic Growth Rate, BRICS GDP Comparison, Belt and Road Initiative Economic Impact.
References
- National Bureau of Statistics of China. "Preliminary Accounting Results of GDP for the Fourth Quarter and the Whole Year of 2023." January 17, 2024.
- World Bank. "GDP (current US$) - China." World Development Indicators.
- International Monetary Fund. "World Economic Outlook Database, October 2023." IMF Data.
- China Statistical Yearbook. "Annual Data." National Bureau of Statistics.
- Maddison Project Database. "Historical Statistics for the World Economy." University of Groningen.
- http://en.wikipedia.org/wiki/Historical_GDP_of_the_People%27s_Republic_of_China
2023
- NDRC. "Report on the Implementation of the 2023 Plan for National Economic and Social Development." National Development and Reform Commission, 2024.
- QUOTE: China's GDP reached 126 trillion yuan in 2023, an increase of 5.2% over the previous year, exceeding the annual target of around 5% growth. This achievement was particularly significant against the backdrop of global economic uncertainties and domestic challenges.
2020
- Lin, 2020) ⇒ Justin Yifu Lin. (2020). "China's Economic Growth Amid the COVID-19 Pandemic." China Economic Review.
- QUOTE: Despite the unprecedented impact of COVID-19, the Chinese economy demonstrated remarkable resilience in 2020, achieving positive growth of 2.3% when most major economies contracted. This recovery was supported by effective pandemic control measures and targeted fiscal and monetary policies.
2008
- (Lardy, 2008) ⇒ Nicholas R. Lardy. (2008). "Financial Repression in China." Peterson Institute for International Economics.
- QUOTE: The GDP of China reached 31.4 trillion yuan in 2008, but the global financial crisis significantly impacted China's export-driven growth model, leading to a comprehensive stimulus package of 4 trillion yuan (approximately 12.7% of GDP) to maintain economic growth and stability.