Friday, 17 January 2020

China’s economy grows 6.1 per cent in 2019, the slowest rate in 29 years



China’s National Bureau of Statistics has announced that national GDP grew by 6.1 per cent in 2019. This is the slowest rate since 1990.

The economy of China has become more of a market-oriented economy. It currently ranks as the 2nd largest in the world by nominal GDP. China has the world's fastest-growing major economy, with growth rates averaging about 6% over 30 years. The country has natural resources with an estimated worth of $23 trillion, 90% of which are coal and rare earth metals. Interestingly, China also has the world's largest total banking sector assets of $39.93 trillion (268.76 trillion CNY) with $27.39 trillion in total deposits.

Some Interesting English to Chinese Translations:

China - 中国
GDP - 国内生产总值
Assets - 资产
Banking - 银行业
China’s National Bureau of Statistics - 中国国家统计局
Economy - 经济
Growth - 成长性
Slow - 慢
Fast - 快速
Deposit - 存款
Rank - 秩
Rate - 率
Chinese Economy - 中国经济

3 comments:

  1. More English - Chinese Translations:

    decade - 十年
    financial crisis - 金融危機
    world - 世界
    story - 故事
    image - 圖片
    video - 視頻
    daily - 日常
    USA - 美國
    Iran - 伊朗
    Japan - 日本
    oil - 油
    crude oil - 原油
    import - 進口
    export - 出口
    recent - 最近
    politicians - 政客
    expect - 期望
    market - 市場
    analyst - 分析員
    journal - 日誌
    optimism - 樂觀
    invest - 投資
    investor - 投資者
    news - 新聞

    ReplyDelete
  2. A list of some cities in China:

    Hong Kong - 香港特别行政区
    Macau - 澳门特别行政区
    Beijing - 北京市
    Chongqing - 重庆市
    Shanghai - 上海市
    Tianjin - 天津市
    Anqing - 安庆市
    Bengbu - 蚌埠市
    Bozhou - 亳州市
    Chaohu - 巢湖市
    Chizhou - 池州市
    Chuzhou - 滁州市
    Fuyang - 阜阳市
    Hefei - 合肥市
    Huaibei - 淮北市
    Huainan - 淮南市
    Huangshan - 黄山市
    Jieshou - 界首市
    Lu'an - 六安市
    Ma'anshan - 马鞍山市
    Mingguang - 明光市
    Ningguo - 宁国市
    Qianshan - 潜山市
    Suzhou - 宿州市
    Tianchang - 天长市
    Tongcheng - 桐城市
    Tongling - 铜陵市

    ReplyDelete
  3. Biggest Companies in China - 中國最大的公司:

    China Mobile Ltd - 中國移動有限公司
    Tencent - 騰訊網
    Alibaba - 阿里巴巴
    Baidu - 百度
    Xiaomi - 小米

    ReplyDelete