China’s economic rebound in 2020

Editor’s Note:

Despite a complex environment combined with the COVID-19 fallout, China’s annual GDP in 2020 exceeded 100 trillion yuan ($15.4 trillion) for the first time, a 2.3 percent growth year-on-year. Key indicators including employment, foreign trade and investment all displayed resilience, exceeding expectations. China has played a key role as a reliable manufacturing hub amid logistic hurdles and production halt, making contributions to global economic recovery and the epidemic control. Notable progress has also been made in ensuring people’s wellbeing.

Graphics: GT

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