IMD World Competitiveness Booklet 2022

China Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Beijing

9,600 2021 6.449 2021

13

14

16

17

Exchange Rate (per $)

20

2021 01 2021 02

Population - market size (millions)

1,412.60

Gross Domestic Product (GDP) (US$ billions)

17,734.1

19,260 2021 52 8.1 2021 13 0.85 2021 06 3.96 2021 13 783.92 2020 01 1.79 2021 24 1,918.8 2020 04

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

• Manage the economic and social uncertainty caused by COVID-19 pandemic. • Achieve socio-economic development goals by using macroeconomic policy mix. • Expand domestic demand through effective investment and boosting consumption. • Address ever growing geopolitical risks and governance crises globally. • Build unified national market to enhance long-term economic prosperity.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

1.45 2020 35

Direct investment flows inward (% of GDP)

PROVIDED BY: China Institute for Development Planning, Tsinghua University

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

2

6

7

13 14 12 9

15

17 19

19

22

28

28

31

31

35

37 37

53

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

3

3

3

3

5

5

4

4

7

5

62 Competitiveness Country Profiles

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