(Two Sessions Voice) China's per capita GDP expected to reach high-income status by end of 2022: Yang Weimin

2022-03-07 Editor : Li Yuxin ECNS App Download
Special: 2022 Two Sessions

(ECNS) -- "China's per capita GDP last year reached $12,000, just $150 away from that of a 'high income country'. Therefore, it is highly likely to reach that of a high-income country in 2022," said Yang Weimin member of the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC) and vice director of the Economic Committee of the CPPCC.

China's economy continued to grow despite the pandemic in 2021. China's gross domestic product (GDP) grew by 8.1 percent year-on-year and reached 114 trillion yuan (about $18 trillion), registering an annual increase of 13 trillion yuan, which equals the total GDP of 2003.

"This is remarkable," said Yang.


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