China Snapshot - PESTLE, SWOT, Risk and Macroeconomic Analysis report is designed to provide in-depth information about China including its PESTLE (political, economic, social, technological, legal and environmental), SWOT (Strengths, Weaknesses, Opportunities and Threats) and country risk analysis backed by macroeconomic data.
China, officially the People's Republic of China (PRC), is a sovereign state located in East Asia. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing. It exercises jurisdiction over twenty-two provinces, five autonomous regions, four direct-controlled municipalities, such as Beijing, Tianjin, Shanghai, and Chongqing, and two mostly self-governing special administrative regions, such as Hong Kong and Macao.
China is estimated to have a population of 1411.96 million in the year 2023 and is expected to reach 1404.3 million by 2027, decreasing at a CAGR of 0.14%.
China’s real gross domestic product (GDP) was CNY 91,457.91 billion in 2020 and while recovering from the COVID-19 impact it increased by 7.48% to be around CNY 98,847.3 billion in 2021. It is further expected to increase by 4.33% and reach CNY 1,27,498.12 billion by 2027.
China’s unemployment rate was 4.24% of the total labor force in 2020. Despite the slowdown in global economic activity due to the COVID-19 pandemic, unemployment in China decreased by 7.07% and reached 3.96% in 2021. Unemployment is further estimated to decrease by a CAGR of 1.58% and reach 3.6% of the total labor force in China by 2027.
China’s per capita GDP was estimated at USD 12,970.33 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 21,290.89 for the year 2022.
In 2022, China government’s revenue was CNY 30,624.02 billion whereas the expenditure was CNY 41,591.26 billion. This resulted in China government’s net lending/borrowing being negative at CNY 10967.24 billion in 2022 indicating that not enough financial resources were made available by the China government to boost economic growth.
The current account balance for China was estimated to be positive at USD 329.585 billion for the year 2022 and is expected to further decrease at a CAGR of 14.62% and reach a positive USD 149.562 billion by 2027. This positive current account balance indicates that China will remain a net lender to the rest of the world till 2027.
Scope of China Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- This report provides information about key macroeconomic indicators for China.
- This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for China.
- This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for China.
- This report provides a risk analysis for China.
- This report provides information on the Coronavirus (COVID-19) pandemic related policy response in China.
Table of Contents
1. Executive Summary
- Scope of China Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- Research Methodology
2. PESTLE Analysis of China
2.1 Political Factors
2.2 Economic Factor
2.2.1 National Accounts Indicators
2.2.1.1 Real Gross Domestic Product
2.2.1.2 Nominal Gross Domestic Product
2.2.1.3 Gross Domestic Product Deflator
2.2.1.4 Per Capita Gross Domestic Product
2.2.1.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.1.6 Total Investment/Gross Capital Formation
2.2.1.7 Gross National Savings
2.2.2 Monetary Indicators
2.2.2.1 Consumer Price Index (CPI) Inflation
2.2.3 Trade Indicators
2.2.3.1 Change in Import Volume of Goods & Services
2.2.3.2 Change in Export Volume of Goods & Services
2.2.4 Government Finance Indicators
2.2.4.1 Government Revenue
2.2.4.2 Government Expenditure
2.2.4.3 Government Net Lending/Borrowing
2.2.4.4 Government Gross Debt
2.2.5 Balance of Payment Indicators
2.2.5.1 Current Account Balance
2.3 Social Factors
2.3.1 Population
2.3.2 Unemployment
2.4 Technological Factors
2.5 Legal Factors
2.6 Environmental Factors
3. SWOT Analysis of China
3.1 Strengths
3.2 Weaknesses
3.3 Opportunities
3.4 Threats
4. Risk Analysis of China
5. COVID-19 Related Policy Response of China
5.1 Coronavirus (COVID-19) Containment Measures of China
5.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by China
5.3 Coronavirus (COVID-19) Related Monetary Policy Measures by China
5.4 Coronavirus (COVID-19) Related Employment Policy Measures by China
5.5 Coronavirus (COVID-19) Related Social Policy Measures by China
5.6 Coronavirus (COVID-19) Related Policy Measures for MSMEs by China
Notes
Company Information
List of Exhibits
Exhibit 2.1 Real GDP of China (in CNY billion) 2020-2027
Exhibit 2.2 Nominal GDP of China (in CNY billion) 2020-2027
Exhibit 2.3 Nominal GDP of China (in USD billion) 2020-2027
Exhibit 2.4 GDP Deflator Index for China 2020-2027
Exhibit 2.5 Per Capita GDP of China (in USD) 2020-2027
Exhibit 2.6 PPP Per Capita GDP of China (in USD) 2020-2027
Exhibit 2.7 Total Investment of China (in %) 2020-2027
Exhibit 2.8 Gross National Savings of China (in %) 2020-2027
Exhibit 2.9 Consumer Price Index (CPI) Inflation of China 2020-2027
Exhibit 2.10 Change in Import Volume of Goods & Services of China (in %) 2020-2027
Exhibit 2.11 Change in Export Volume of Goods & Services of China (in %) 2020-2027
Exhibit 2.12 Government Revenue of China (in CNY billion) 2020-2027
Exhibit 2.13 Government Revenue of China (in % of GDP) 2020-2027
Exhibit 2.14 Government Expenditure of China (in CNY billion) 2020-2027
Exhibit 2.15 Government Expenditure of China (in % of GDP) 2020-2027
Exhibit 2.16 Government Net Lending/Borrowing of China (in CNY billion) 2020-2027
Exhibit 2.17 Government Net Lending/Borrowing of China (in % of GDP) 2020-2027
Exhibit 2.18 Government Gross Debt of China (in CNY billion) 2020-2027
Exhibit 2.19 Government Gross Debt of China (in % of GDP) 2020-2027
Exhibit 2.20 Current Account Balance of China (in USD billion) 2020-2027
Exhibit 2.21 Current Account Balance of China (in % of GDP) 2020-2027
Exhibit 2.22 China - Top 10 Export Countries (in USD billion) & % Share in 2021
Exhibit 2.23 China - Top 10 Import Countries (in USD billion) & % Share in 2021
Exhibit 2.24 Population of China (in million) 2020-2027
Exhibit 2.25 Unemployment Level in China (in %) 2020-2027
Exhibit 2.26 China - Labor Force 2017-2021
Exhibit 2.27 China - Employment to Population Ratio 2017-2021 (in %)
Exhibit 3.1 SWOT Analysis of China
Exhibit 5.1 Covid-19 Policy Response for Supporting MSMEs by China
