China just added 3 trillion US dollars to its GDP in one year, China's GDP expands 8.1% in 2021, reaching 17.3 trillion U.S. dollars

xizhimen

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China just added 3 trillion US dollars to its GDP in one year, China's GDP expands 8.1% in 2021, reaching 17.3 trillion U.S. dollars
Xinhua, January 17, 2022

China's gross domestic product (GDP) exceeded the 110-trillion-yuan (17.3 trillion U.S. dollars) threshold in 2021, official data showed Monday.

The country saw its GDP increase 8.1 percent year on year to 114.367 trillion yuan last year, according to the National Bureau of Statistics (NBS).

The hard-earned achievement marked a new economic milestone for the Chinese economy after the country's GDP expanded 2.3 percent year on year to 101.5986 trillion yuan in 2020.

China's economy continued stable recovery in 2021, leading the world in both economic development and epidemic control, said the NBS.

China's per capita disposable income stood at 35,128 yuan in 2021, up 9.1 percent year on year in nominal terms, according to NBS data.

 
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xizhimen

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17.3 trillion USD was based on 2020's exchange rate. Based on the current exchange rate, 114.367 trillion RMB / 6.35 USD/RMB, China's GDP should be 18 trillion US dollars.
Per capita GDP should be 12,857 USD.
 
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