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According to the latest statistics, China's gross domestic product (GDP) reached 114.37 trillion yuan in 2021, an increase of 8.1% year-on-year, reflecting a strong economic recovery from the impact of the COVID-19 pandemic. This growth rate was higher than the government's annual target of over 6%. The service sector, which accounts for over 60% of the country's GDP, grew by 8.2%, while the industrial sector expanded by 7.1% and the agricultural sector by 7.1%.
The strong economic performance was driven by a number of factors, including the effective control of the pandemic, the implementation of pro-growth policies, and the resilience of China's economy. The country's exports also surged, reaching a record high of $3.36 trillion, up 29.9% year-on-year, as global demand for Chinese goods remained strong.
Despite the positive economic growth, China also faced a number of challenges, including rising inflation, the ongoing trade tensions with the United States, and the continued impact of the pandemic on certain industries. The government has introduced a range of measures to address these challenges, including increasing investment in infrastructure, supporting small and medium-sized enterprises, and implementing policies to boost consumption.
Overall, China's economic performance in 2021 has been impressive, and the country is expected to continue its growth trajectory in the coming years, although the pace of growth may slow down as the government seeks to address the various challenges facing the economy.
product information:
Attribute | Value | ||||
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style | Retro | ||||
product_dimensions | 12 x 8 x 0.04 inches | ||||
item_weight | 2.39 ounces | ||||
customer_reviews |
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best_sellers_rank | #648,568 in Home & Kitchen (See Top 100 in Home & Kitchen) #19,382 in Posters & Prints |