According to preliminary statistics, the country’s GDP reached 20.45 trillion yuan (3.175 trillion U.S. dollars) in the first six months, up 9.6 percent year-on-year.
China’s yuan is currently at 6.44 to one US dollar. It was as high as 6.43 intraday. China’s currency has moved up as the US debt crisis has remained unresolved.
China had US$3.175 trillion in the first half of the year.
6% inflation in the second half of the year and 9.2% GDP growth would mean 22.03 trillion yuan in the second half of 2011. This would be a total of 42.5 trillion yuan of GDP for 2011.
If the currency strengthened to 6.1 yuan per USD. Then China’s GDP for 2011 would be 6.97 trillion. Including Hong Kong would put China’s GDP 7.2 trillion in 2011.
Year GDP(yuan) GDP growth USD/CNY China GDP China+HK US GDP 2011 44 9.6 6 7.3 7.5 15.2 2012 49 9.2 5.7 8.6 8.9 15.9 2013 55 8.5 5.4 10.1 10.4 16.5 2014 61 8.5 5.1 11.8 12.1 17.2 2015 67 8.5 4.9 13.7 14.0 18 2016 73 8 4.6 15.8 16.1 18.8 2017 80 8 4.4 18.2 18.5 19.6 2018 88 8 4.2 21 21.4 20.5 2019 96 8 4.0 24 24 21.5 2020 105 7.5 3.8 28 28 22.4 2021 114 7.5 3.6 32 32 23.4 2022 123 7.5 3.4 36 36 24.5 2023 133 7 3.2 41 42 25.6 2024 144 7 3.1 47 47 26.7 2025 155 7 3 53 53 27.9 2026 167 7 3 56 56 29.2 2027 179 7 3 60 60 30.5 2028 193 7 3 64 65 31.9 2029 207 7 3 69 70 33.3 2030 223 7 3 74 75 34.8
Year GDP(yuan) GDP growth Inflation USD/CNY China GDP China+HK US GDP 2011 43 9.6 6 6.2 6.9 7.1 15.2 2012 50 9.2 6 6.0 8.4 8.6 15.9 2013 58 8.5 5 5.7 10.1 10.4 16.5 2014 66 8.5 4 5.5 12.0 12.3 17.2 2015 74 8.5 4 5.3 14.1 14.4 18 2016 84 8 4 5.1 16.6 16.9 18.8 2017 94 8 4 4.9 19.4 19.7 19.6 2018 106 8 4 4.7 23 23 20.5 2019 119 8 4 4.5 27 27 21.5 2020 134 7 3 4.3 31 31 22.4 2021 147 7 3 4.1 36 36 23.4 2022 162 7 3 4.0 41 41 24.5 2023 179 7 3 3.8 47 47 25.6 2024 197 7 3 3.6 54 54 26.7 2025 217 4 3 3.5 62 62 27.9 2026 233 4 3 3.4 69 70 29.2 2027 249 4 3 3.2 77 78 30.5 2028 267 4 3 3.1 86 87 31.9 2029 286 4 3 3 95 96 33.3 2030 306 4 3 3 102 103 34.8
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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