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The per capita GDP of China in 2017 is: 9481.881 US dollars

Adam WANG SHANGHAI MEGA

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The per capita GDP of China in 2017 is: 9481.881 US dollars
2017世界人均GDP排名 中国进步了

djz8393 2018-03-23 09:36:00
改革开放以来我国经济快速发展,2008年开始GDP总量超过日本从而打破自1972年开始的“美国第一,日本第二”的GDP排位格局,之后一直稳坐世界第二的宝座。2017年我国GDP达到131735.85亿美元,是世界排名第三日本的3倍。

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2008年我国的人均GDP为3467.03美元,世界排名第109名,依据世界经济信息网最新数据,我国2017年人均GDP为:9481.881美元,位居世界第70名。10年时间我国人均GDP增长了2.7倍,世界排名有了巨大进步。

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2017年,我国香港人均GDP为45847美元,排名世界第十七;台湾人均GDP为23940.894美元排名世界第三十四。

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2017年,我国人均GDP高于世界平均水平10038美元的省级城市有北京19105美元、上海18455美元、天津17461美元;高于世界平均水平的省份有:江苏15862美元、浙江13554美元、福建12234美元、广东11940美元、山东10758美元、内蒙古10231美元。

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世界经济信息网最新数据:2017年人均GDP国内生产总值世界排名

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  • 2017 ranking of world per capita GDP China has improved
    Djz8393 2018-03-23 09:36:00
    Since the reform and opening up, China's economy has developed rapidly. Since 2008, the total GDP has surpassed Japan to break the "US First, Japan's Second" GDP ranking pattern since 1972, and has since been the second largest in the world. In 2017, China’s GDP reached 1.137355 trillion U.S. dollars, which is three times the world’s third largest in Japan.


    In 2008, China’s per capita GDP was 3,467.03 US dollars, ranking 109th in the world. According to the latest data from the World Economic Information Network, China’s per capita GDP in 2017 was US$9481.881, ranking 70th in the world. In 10 years, China’s per capita GDP has increased by 2.7 times, and the world rankings have made great progress.


    In 2017, China’s per capita GDP in Hong Kong was US$45,847, ranking 17th in the world. Taiwan’s per capita GDP was US$23940.894, ranking 34th in the world.



    In 2017, the provincial cities with China's per capita GDP higher than the world's average level of 10038 US dollars include Beijing 19105 dollars, Shanghai 18455 dollars and Tianjin 17461 dollars; the provinces above the world average are: Jiangsu 15862 dollars, Zhejiang 13556 dollars, Fujian 12234 dollars , Guangdong 11940 US dollars, Shandong 10758 US dollars, Inner Mongolia 10231 US dollars.



    World Economic Information Network Latest Data: World GDP Per Capita GDP in 2017
 
1.31 trillion is wrong, not got by average exchange rate, but the current exchange rate!
 
Big provincial economies need to transfer more tax revenue to the inland.

Poor provinces like Guizhou GDP per capital only 6000 dollars (non-PPP)

They can start by improving infrastructure to poorer provinces.
 
Big provincial economies need to transfer more tax revenue to the inland.

Poor provinces like Guizhou GDP per capital only 6000 dollars (non-PPP)
Due to focused development policies Guizhou is not the poorest province any more, it is now the 3rd poorest. That title now goes to Gansu, followed by Yunnan.

Transportation infrastructure made the difference for Guizhou, it was previously known to be geographically isolated, with a train ride to Guangzhou taking 20 hours, now it is only 4 hours on the hsr. Highways and new roads also plays a major role. Due to terrain, 83% of the hsr line is on viaduct or through tunnels. Without the massive infrastructure investment by the central government, it would be nearly impossible to develop Guizhou.

Before Guiyang-Guangzhou hsr local tea producers had to depend on middlemen who took a large cut due to information asymmetry, now small tea producers are able to market their goods in Guangzhou and major distributors by themselves with relative ease.
https://en.wikipedia.org/wiki/Guiyang–Guangzhou_high-speed_railway
 
Due to focused development policies Guizhou is not the poorest province any more, it is now the 3rd poorest. That title now goes to Gansu, followed by Yunnan.

Transportation infrastructure made the difference for Guizhou, it was previously known to be geographically isolated, with a train ride to Guangzhou taking 20 hours, now it is only 4 hours on the hsr. Highways and new roads also plays a major role. Due to terrain, 83% of the hsr line is on viaduct or through tunnels. Without the massive infrastructure investment by the central government, it would be nearly impossible to develop Guizhou.

Before Guiyang-Guangzhou hsr local tea producers had to depend on middlemen who took a large cut due to information asymmetry, now small tea producers are able to market their goods in Guangzhou and major distributors by themselves with relative ease.
https://en.wikipedia.org/wiki/Guiyang–Guangzhou_high-speed_railway
These three are of similar standards, both development and living standards.

But credits have to be given to Guizhou in the last half a decade.
Major infra projects, financed by the central government, are indeed a huge part of their recent boom.

Guiyang-Kaiyang intercity HSR
Guiyang-Guangzhou HSR
Shanghai-Guiyang-Kunming HSR
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贵州从江高铁站  高铁开进苗乡来。.jpg
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But the rejuvenation is incomplete if the poorest provinces cannot reach at least the current national average,
hope they could achieve it before 2025.
 
guiz贵州这十年来发展很快,尤其是基础建设。率先在中国实现县县通高速。现在高铁发展也是四面开花。国家对贵州扶持力度很大。所以现在的贵州不是以前贫穷落后的贵州了。
 
GDP Per Capita is a poor metric for actual income.

We don't know how the average economic output per citizen is being split between the actual workers and the asset-owning class. In a high population country like China, the only people benefiting from higher GDP Per Capitas are the wealthy. Everyone else remains poor because the workers have less bargaining power.
 
GDP Per Capita is a poor metric for actual income.

We don't know how the average economic output per citizen is being split between the actual workers and the asset-owning class. In a high population country like China, the only people benefiting from higher GDP Per Capitas are the wealthy. Everyone else remains poor because the workers have less bargaining power.

Not exactly. The same can be said for all countries. In fact developed countries such as the US are facing the problem you're talking about more than China.

In China even though many are still considered 'poor' by standards of developed countries, most of the population have benefitted from GDP growth in the past decade. Whether it's directly through higher income, or indirectly through greater government spending in subsidies and infrastructures. These are highly dependent on GDP growth in the long term.

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Compared to the US where real GDP growth is almost delinked with median household income growth.

real-gdp-per-worker-versus-real-median-wage-1979q1-to-2016q2-rev.png


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Other developed economies (from 2013):

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https://www.mof.gov.sg/newsroom/spe...inary-Delegates'-Conference-on-Tuesday-29-Oct
 
At present, the average wage of ordinary workers in large cities and medium-sized cities in China is 100,000 yuan, which is about 15,000 US dollars while the income of white-collar workers in those cities is relatively low, only about 12,000 US dollars.
The low-income groups in China are mainly the residents of remote areas, especially in the mountainous areas with low economic development and with inconvenient transportation, especially the elderly who have lost their labor force. This is why China must vigorously develop infrastructure construction and carry out large-scale development of the western region and precision poverty alleviation.

2010 GDP per capita of China
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2014年 GDP per capita of China
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2015 China in the world
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(South tibet and Aksai Chin belongs to China)
 
中国大陆人均GDP最高的三个省:天津、北京、上海
The three provinces with the highest GDP per capita in mainland China: Tianjin, Beijing, Shanghai

中国大陆人均GDP最低的三个省:甘肃、云南、贵州
The three provinces with the lowest GDP per capita in mainland China: Gansu, Yunnan, Guizhou
 

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