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China GDP Grows 8.1% in 2021, Exceeds Target of 6%

21st January 2022 | Hong Kong

China GDP grew 8.1% in 2021, exceeding government target of over 6% and recording the highest growth rate since 2011.  In 2020 and along the effects of COVID-19 pandemic, China economy grew at only 2.2%.  China also announced a trade surplus of $676 billion, a 29% increase from $523 billion in 2020.   (GDP ~ Gross Domestic Product)

“ China GDP Grows 8.1% in 2021, Exceeds Target of 6% “

China, 2nd largest economy with $14.3 trillion GDP

Shanghai, China

China is the world’s 2nd largest economy with $14.3 trillion GDP, while United States is the largest economy with $21.4 trillion GDP.  Japan is the 3rd largest economy with $5.08 trillion GDP.  The top 3 largest economy in 2020 – United States, China and Japan combined for a total GDP of $40.78 trillion, representing 46.54% of global GDP.

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