China's GDP 2010 reached 6 trillion USD.

Discussion in 'Economy & Infrastructure' started by badguy2000, Jan 20, 2011.

  1. badguy2000

    badguy2000 Respected Member Senior Member

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    well ,according to last estimate from relative officers from Beijing, China's GDP 2010 might be about 39.5 trillion RMB. According to current exchange rate, it is about 6 trillion USD. Chinese per capital nominal GDP might be about 4700 USD.

     
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  3. badguy2000

    badguy2000 Respected Member Senior Member

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    well,offical statistics now has come out.

    CHina's GDP grew 10.3% last year and the GDP 2010 is 39.7983 trillion RMB.
    http://www.zhgpl.com/doc/1015/7/5/5...d=7&kindid=0&docid=101575534&mdate=0120114345
     
  4. willamedico

    willamedico Tihar Jail Banned

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    China is making a great progress day by day. It has made mark from down to bit by bit progress.
     
  5. gogbot

    gogbot Regular Member

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    Don't be ridiculous , China only passed Japans economy a few months ago , and they are around 4 trillion.
     
  6. badguy2000

    badguy2000 Respected Member Senior Member

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    yes,both Japan's nomimal GDP and CHina's 2009 was about 5 trillion USD.

    China's nominal GDP 2010 grow from 5 trillion USD of 2009 to 6 trillon USD 2010;

    but Japan's nominal GDP 2010 is still about 5 trillion USD>
     
  7. badguy2000

    badguy2000 Respected Member Senior Member

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    China's GDP 2007 was 24.6 trillion RMB;its GDP 2010 was 40 trilion RMB.

    so, its nominal average growth totals 62.6% during the 3 years(2008-2010).(nominal growth=real growth*inflation)

    According to such trend,China's GDP might rise easily from 40 trilion RMB in 2010 to 60-70 trillion RMB in 2013.

    That is to say, in 2013, China's nominal GDP might be over 10 trillion USD,because RMB might keep on its appreciation in the coming 3 years.(current exchange rate: 1USD=6.6RMB).
     
  8. luke

    luke Regular Member

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    I think it is about 5.9 trillion USD,you shouldn't calculate it with the current exchange rate.We still have a long way to catch up other developed nation.
     
  9. badguy2000

    badguy2000 Respected Member Senior Member

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    China is still a developing country and will be a developing country forever, even if CHina's per capital GDP is 40K USD.
     
  10. badguy2000

    badguy2000 Respected Member Senior Member

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    well, CHinese GDP 2011 now reached 7.5 trillion USD(about 47.5 trillion RMB)....
     

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