China’s Economy in 2017: A Good Driver of the World Economy

On January 18th, the National Bureau of Statistics revealed that in 2017, China’s gross domestic product (GDP) totaled 82.7 trillion yuan (about 12 trillion U.S. dollars), surpassing the 80 trillion yuan mark. The country’s economy expanded 6.9 percent in 2017, with the pace of growth accelerating for the first time since 2011.

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Into a New Era—the Future Orientation of China’s Economy

This year’s Central Economic Work Conference is the first top level meeting since the 19th CPC National Congress. It directly determines general economic policy in the first year after the congress, and has sketched out a new blueprint for our country’s economic growth— a new era of economic development.

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Review of 2017 China’s Economy

Since the 18th CPC National Congress, historic achievements have been made, historic changes have happened in the party and the state as well as in economic development, providing an important material foundation for historic changes in other fields, Xi said.

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