China s Economy 2024 Forecast! Breaking out of the cocoon into a butterfly, the per capita GDP chall

Mondo Finance Updated on 2024-02-12

Hello everyone, and welcome to Zhang Zhenduo Lecture Hall. China's development has advanced by leaps and bounds in recent years, and the GDP of many of our cities has exceeded the trillion mark. However, as we all know, our country's per capita GDP is still in the developing world. There is still a gap between the developed countries and the developed countries.

In 2023, China's total GDP will exceed 126 trillion yuan, ranking second in the world, and its economic development level will reach a new level. So, what kind of level will China's economy reach this year?

At present, the economic growth rate set by our country is 52%。If nothing else, the economic growth rate of this year's two sessions will still be set at about 5%, let's take this growth rate as the standard to analyze, what level will our economic aggregate and per capita reach in 2024?

First of all, according to the growth rate of 5%, then this year's total economic output is 126 trillion. Then the total economic output this year may reach 133 trillion yuan, and the per capita GDP may exceed 90,000 yuan for the first time. This year, we can clearly see that our country's economic growth has slowed down significantly. As early as 2022, our National Bureau of Statistics announced that our population had negative growth for the first time in 61 years. As we all know, the most important thing for a country's economic development is its population. If the number of people decreases for a long time. Our economy has no room for growth, one less engine for growth.

This is also the main reason for the slowdown in our economic growth, and this year's total GDP will reach about 133 trillion yuan, which is almost twice the total GDP of China in 2014. And in 2024, our population is basically about 14 as this year100 million.

Then according to the calculation method of GDP per capita, GDP per capita = total GDP divided by population. Our per capita GDP will exceed 90,000 yuan, and it is expected that the per capita GDP will exceed 100,000 yuan in 2025. This would be a good result.

So what do you think about this? Friends who like it can pay attention and leave a message and we'll see you next time.

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