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Economy of the People's Republic of China
Lujiazui Skyline from Bund.jpg
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

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