Best Chinese Products: B

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Economy of the People's Republic of China

Currency	yuan (CNY); also referred to as the Renminbi (RMB)
Fixed exchange rates	Rmb:$ USD = 6.83 Rmb:¥ JPY100 = 7.75 Rmb:€ EUR = 10.07 Rmb:£ GBP = 11.13 As of December 2009^[update]
Fiscal year	Calendar year (01 January to 31 December)
Trade organizations	WTO, APEC, G-20 and others
Statistics
GDP	$8.8 trillion (PPP; ranked 2nd; 2009) $4.9 trillion (nominal; ranked 3rd; 2009)
GDP growth	8.7% (2009)
GDP per capita	$6,546 (PPP; ranked 97th; 2009) $3,566 (nominal; ranked 99th; 2009)
GDP by sector	agriculture (primary) (10.6%) industry (secondary) (46.8%) services (tertiary) (42.6%) note: industry includes construction (5.5%)
GDP by component	Private consumption (36.4%) Government consumption (13.7%) Gross fixed investment (40.9%) Exports of goods/services (39.7%) Imports of goods/services (-31.9%)
Inflation (CPI)	-0.7% (2009)^[1]
Population below poverty line	10% (2004)
Gini index	46.9 (List of countries)
Labour force	812.7 million (2009; ranked 1st)
Labour force by occupation	agriculture (43%), industry (25%), services (32%) (2006)
Unemployment	4.3% (official);^[2]
Main industries	mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites
External
Exports	$1.20 trillion f.o.b. (2009; ranked 1st)
Export goods	Office machines & data processing equipment ($134.5 billion), Telecommunications equipment (123.6), Electrical machinery (101.7), Apparel & clothing (95.4), Miscellaneous manufactures (55.5)
Main export partners	EU 20.4%, US 17.7%, Hong Kong 13.4%, Japan 8.1%
Imports	$1.01 trillion f.o.b. (2009; ranked 3rd)
Import goods	Electrical machinery ($174.8 billion), Petroleum & related products (84.1), Professional & scientific instruments (48.6), Metalliferous ores and scrap (44.0), Office machines & data processing equipment (40.7)
Main import partners	Japan 13.3%, EU 11.7%, South Korea 10.9%, Taiwan 9.1%, US 7.2%
FDI stock	US$958.8 billion; US$90 billion (2009)
Gross external debt	$315 billion (2006)
Public finances
Public debt	22.1% of GDP (2006)
Revenues	$868.6 billion (2008)
Expenses	$850.5 billion; including capital expenditures of $NA
Economic aid	Recipient: (ODA) N/A^[3]
Foreign reserves	$2,399 billion (end-2009; ranked 1st)
Main data source: CIA World Fact Book All values, unless otherwise stated, are in US dollars

Economy of the People's Republic of China

Currency

yuan (CNY); also referred to as the Renminbi (RMB)

Fixed exchange rates

Rmb:$ USD = 6.83
Rmb:¥ JPY100 = 7.75
Rmb:€ EUR = 10.07
Rmb:£ GBP = 11.13
As of December 2009

Fiscal year

Calendar year (01 January to 31 December)

Trade organizations

WTO, APEC, G-20 and others

Statistics

GDP

$8.8 trillion (PPP; ranked 2nd; 2009)
$4.9 trillion (nominal; ranked 3rd; 2009)

GDP growth

8.7% (2009)

GDP per capita

$6,546 (PPP; ranked 97th; 2009)
$3,566 (nominal; ranked 99th; 2009)

GDP by sector

agriculture (primary) (10.6%)
industry (secondary) (46.8%)
services (tertiary) (42.6%)
note: industry includes construction (5.5%)

GDP by component

Private consumption (36.4%)
Government consumption (13.7%)
Gross fixed investment (40.9%)
Exports of goods/services (39.7%)
Imports of goods/services (-31.9%)

Inflation (CPI)

-0.7% (2009)^[1]

Population
below poverty line

10% (2004)

Gini index

46.9 (List of countries)

Labour force

812.7 million (2009; ranked 1st)

Labour force
by occupation

agriculture (43%), industry (25%), services (32%) (2006)

Unemployment

4.3% (official);^[2]

Main industries

mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites

External

Exports

$1.20 trillion f.o.b. (2009; ranked 1st)

Export goods

Office machines & data processing equipment ($134.5 billion), Telecommunications equipment (123.6), Electrical machinery (101.7), Apparel & clothing (95.4), Miscellaneous manufactures (55.5)

Main export partners

EU 20.4%, US 17.7%, Hong Kong 13.4%, Japan 8.1%

Imports

$1.01 trillion f.o.b. (2009; ranked 3rd)

Import goods

Electrical machinery ($174.8 billion), Petroleum & related products (84.1), Professional & scientific instruments (48.6), Metalliferous ores and scrap (44.0), Office machines & data processing equipment (40.7)

Main import partners

Japan 13.3%, EU 11.7%, South Korea 10.9%, Taiwan 9.1%, US 7.2%

FDI stock

US$958.8 billion; US$90 billion (2009)

Gross external debt

$315 billion (2006)

Public finances

Public debt

22.1% of GDP (2006)

Revenues

$868.6 billion (2008)

Expenses

$850.5 billion; including capital expenditures of $NA

Economic aid

Recipient: (ODA) N/A^[3]

Foreign reserves

$2,399 billion (end-2009; ranked 1st)

Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars

Best Chinese Products

B

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