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.

China on Map - see more from Google map

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)

Tianjin, 15.7 million inhabitants
Guangzhou, 14.4 million inhabitants
Chengdu, 14 million inhabitants
Shenzhen, 12 million inhabitants
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

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
17.6% (439 billion USD) - nuclear reactors, boilers, equipment and mechanical devices;
3.86% (96 billion USD) - furniture; beds, mattresses, mattress supports, cushions and similar stuffed furniture; lamps and lighting equipment, illuminated signs, illuminated signs
3.22% (80 billion USD) - plastics and articles thereof
3.01% (75 billion USD) - means of land transport, except for railway or tram rolling stock, and their parts and accessories
2.94% (73 billion USD) - garments and clothing accessories, knitted or crocheted
2.88% (71 billion USD) - Optical, photographic, cinematographic, measuring, control, precision, medical or surgical instruments and apparatus; parts and accessories
2.86% (71 billion USD) - articles of apparel and clothing accessories, excluding knitted or crocheted items
2.62% (65 billion USD) - ferrous metal products
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

China Mobile
Tencent
Alibaba
Baidu
Xiaomi
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.