China Economic information

China is a country with one of the largest economies in the world. As of 2020, China's Gross Domestic Product (GDP) size is

15.42 trillion US dollars. China controls the majority of world trade and accounts for approximately 13% of world exports. China's economy is based primarily on the manufacturing sector. The country is the world's largest producer and exporter. It has a strong production capacity, especially in sectors such as electronics, automotive, textile and furniture. However, China's service sector has also been growing rapidly in recent years. It has great potential, especially in areas such as finance, e-commerce and tourism. China's economic growth is built on a model supported by state intervention. The state implements various policies to control the economy. It follows policies such as providing incentives to domestic companies and facilitating foreign investments. However, China's economic growth also faces some problems. It has to deal with challenges such as high debt levels, financial instability and environmental problems. As a result, China's economy is a strong and rapidly growing economy with great influence around the world. However, it is a model that faces some challenges and it is still unclear how it will develop in the future.