China Business Directory & List of Companies
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China, officially the People's Republic of China, a densely populated country in East Asia, bordered by India, Kazakhstan, Kyrgyzstan, Laos, Mongolia, Nepal, North Korea, Pakistan, Russia, Tajikistan, Viet Nam, Afghanistan, Bhutan, Myanmar.
Total area: 9,597,000 km².
Population: 1.393 billion people (2018). The ethnic composition: China is a single multinational state with 56 nationalities. Han people make up 91.6% of the country's total population, which is why the other 55 nationalities are commonly referred to as national minorities.
The state language is Mandarin.
Features: the country has access to the sea.
Capital city: Beijing, 21.54 million (2018).
Five China's largest cities (2018)
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Tianjin, 15.7 million inhabitants
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Guangzhou, 14.4 million inhabitants
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Chengdu, 14 million inhabitants
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Shenzhen, 12 million inhabitants
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Dongguan, 11.5 million inhabitants
Economy of China
The GDP: 14,343 billion USD (2019). GDP annual growth rate: 3.2% (Q2/20), GDP per capita - 8,254 USD (2019), GDP per capita based on PPP - 16,117 USD (2019). Annual inflation rate: 2.4% (Aug 2020) Salary: 90501 CNY/year | 1106.511 USD/month (2019). Unemployment rate: 5.6% (Q2/20). Corruption rank - 80.
According to the World Bank's "Doing Business" rating, China is ranked 31st among 190 countries. Currency: Chinese Yuan.
Main branches of the Chinese economy
Extractive industry: oil production, coal mining, gas production
Manufacturing industry: oil refining, metallurgy, mechanical engineering, shipbuilding, automotive, aerospace
High technology: electronics industry.
Exports: 2 353 billion USD (Aug 2020)
Export structure
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26% (654 billion USD) - Electrical machinery and equipment, their parts; sound recording and reproducing equipment, equipment for recording and reproducing television images and sound, parts and accessories
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17.6% (439 billion USD) - nuclear reactors, boilers, equipment and mechanical devices;
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3.86% (96 billion USD) - furniture; beds, mattresses, mattress supports, cushions and similar stuffed furniture; lamps and lighting equipment, illuminated signs, illuminated signs
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3.22% (80 billion USD) - plastics and articles thereof
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3.01% (75 billion USD) - means of land transport, except for railway or tram rolling stock, and their parts and accessories
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2.94% (73 billion USD) - garments and clothing accessories, knitted or crocheted
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2.88% (71 billion USD) - Optical, photographic, cinematographic, measuring, control, precision, medical or surgical instruments and apparatus; parts and accessories
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2.86% (71 billion USD) - articles of apparel and clothing accessories, excluding knitted or crocheted items
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2.62% (65 billion USD) - ferrous metal products
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2.39% (59 billion USD) - organic chemicals
Aggregate imports to China amounted to 2.13 trillion USD in 2018. In percentage, the increase in the supply of goods to China compared to 2017 was 15.7%: The imports of goods increased by 291 billion USD (in 2017, goods worth 1.84 trillion USD were imported to China).
6 largest companies in China
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China Mobile
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Tencent
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Alibaba
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Baidu
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Xiaomi
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Huawei
5 largest Chinese banks
- ICBC - Industrial & Commercial Bank of China
- ABC - Agricultural Bank of China
- BOC - Bank of China
- CCB - China Construction Bank - (Construction Bank of the People's Republic of China).
- BoCom - Bank of Communication
Featured Company: Dynapac machine
is one of the leading producers of Dynapac machines in China with many customers abroad.
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