China Gdp 2024 World Bank Ranking

China Gdp 2024 World Bank Ranking. Since china began to open up and reform its economy in 1978, gdp growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty. The gross domestic product (gdp) in china was worth 17794.78 billion us dollars in 2023, according to official data from the world bank.

A property market rout could hurt domestic growth and consumer confidence, leading to declining consumption across the country. The chinese economy predominantly hinges upon manufacturing,.