China

The People's Republic of China (commonly known as China) is a socialist state located in East Asia, with its capital in Beijing. Backed by a vast land area and a broad industrial base, it possesses a global manufacturing hub and a massive domestic market, and is recognized as a key country occupying a major position in the global economy.

According to the latest economic indicators (as of 2025), although the total population fell 0.17% year-on-year to approximately 1,406,585,000 people, nominal GDP (in US dollars) reached approximately 19.498 trillion dollars (up 4.10% year-on-year), and nominal GDP per capita reached 13,862.0 dollars (up 4.28% year-on-year). On the growth front, solid expansion was maintained, with the real GDP growth rate at 4.96% (a 0.00 pt change year-on-year) and the real GDP per capita growth rate at 5.14% (a 0.05 pt change year-on-year). Looking at the macroeconomic environment, the consumer price inflation rate remained at an extremely low level of 0.06% (down 0.16 pt year-on-year), while the unemployment rate was 4.62% (up 0.03 pt year-on-year) and the real interest rate (as of 2024) stood at 5.15% (up 0.27 pt year-on-year). In external transactions, trade (% of GDP) remained virtually flat at 37.96% (a 0.00 pt change year-on-year), whereas the current account balance (% of GDP) showed an expanding trend at 3.77% (up 1.30 pt year-on-year) (government debt (% of GDP) has not been published).