Chinas Economic Geography. China Economy Overview. Economy of the People's Republic of China. China (3,650 $) Higher GNI per capita compared to China Lower GNI per capita compared to China China is also the largest exporter and second largest importer of goods in the world.
China is the largest manufacturing economy in the world,[19] outpacing its world rival in this category, the service-driven economy of the United States of America. ASEAN–China Free Trade Area came into effect on 1 January 2010. Industry of the People's Republic of China. Industry 72.8% of China’s gross domestic product (GDP) in 2005.
Industry (including mining, manufacturing, construction, and power) contributed 46.8 percent of GDP in 2010 and occupied 27 percent of the workforce in 2007. The manufacturing sector produced 44.1 percent of GDP in 2004 and accounted for 11.3 percent of total employment in 2006. China is the world’s leading manufacturer of chemical fertilizers, cement, and steel. Prior to 1978, most output was produced by state-owned enterprises. As a result of the economic reforms that followed, there was a significant increase in production by enterprises sponsored by local governments, especially townships and villages, and, increasingly, by private entrepreneurs and foreign investors, but by 1990 the state sector accounted for about 70 percent of output.
China, East Asia & the Pacific > The World Bank - Mapping for Results. Research Papers China Eco Security Reviews. United States-China Economic and Security Review Commission. Testimony of Rebecca MacKinnon to the U.S.- China Economic and Security Review Commission.