China GDP Details
As per statistics of 2007, GDP of China in regard to purchasing power parity is $7.099 trillion. As per official exchange rate, GDP of China is $3.251 trillion. Real growth rate of China GDP in 2007 was estimated to be 11.9 percent. China GDP as per capita purchasing power parity was $5,400 in 2008.
As per statistics of 2006, GDP (private consumption) has been around 36.4 percent and government consumption has been nearly 13.7 percent. At same time, gross fixed investment hovered around 40.9 percent and exports of goods and services was estimated to be nearly 39.7 percent.
Composition of China GDP
Eleven percent of China GDP comprises agricultural sector and 48.6 percent is made up by industrial sector. 40.1 percent of China GDP is made up by services sector in China. Industrial sector that is owned by government of China contributes 40 percent of China's GDP.
In 2004, manufacturing sector contributed 44.15 percent of China's GDP. Construction industry contributed 53.1 percent of GDP of China in 2005. In 2004, industrial sector comprised 52.9 percent of China's GDP.
Services has been an important part of GDP of China. In 2005, 40.3 percent of China's GDP was contributed to by Chinese service sector. In 2002, tourism industry of China made up 5.44 percent of Chinese economy. In 1999, 1 percent of Chinese GDP was contributed by investments intended for environmental protection.