GDP
Definition: The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.
With constant growth rates around 10%, China has been the fastest growing major economy. It is the world biggest exporter and the second biggest economy. Its current Gross Domestic Product (GDP) Rate sits at 10.3% after 9.2% in 2009 and 9.6% in 2008. China’s GDP stands at $5.878 (Trillion $US), its Purchasing Power Parity GDP stands at $10.09 (Trillion $US) and its Purchasing Power Parity Per Capita is $2,600 ($US).
Source: Taken from
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