Apr 12, 2017

The Chinese and the Indian economy (part-1)
PUBLISHED ON
Apr 12, 2017
Abhishek     follow
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China is world's 2nd  largest economy by GDP (nominal)  and world's largest economy by GDP (PPP). Followed by India as world's 4th largest economy by GDP (nominal) and 3rd largest economy by GDP (PPP).
Also, currently India is one of the fastest growing countries in the world followed by china.

China overview
  • GDP (nominal) : $11.3 trillion (2016) from $9.24 trillion (2013)
  • GDP (PPP) : $21.27 trillion (2016) from $16.62 trillion (2013)
  • GDP (nominal) per capita | rank : $8,261 | 73rd (2016) from $6,807.43 (2013)
  • GDP (PPP) per capita | rank : $15,424 | 84th (2016) from $12,246 (2013)
  • Major economical sector : 40.9% Industry, 8.9% Agriculture, 50.2% service (2015)
  • Labor force : 807 million (2015) from 806 million (2014)

 

India Overview
  • GDP (nominal) : $2.25 trillion (2016) from $1.86 trillion (2013)
  • GDP (PPP) : $8.72 trillion (2016) from $6.73 trillion (2013)
  • GDP (nominal) per capita | rank : $1,719 | 140th (2016) from $1,456 (2013)
  • GDP (PPP) per capita | rank : $8,721 | 122nd (2016) from $5,267 (2013)
  • Major economical sector : 29.7% Industry, 17.1% Agriculture, 53.2% Services (2015)
  • Labor force : 513.7 million (2016) from 496 million (2014)

Indo-Chinese twin towns and sister cities
  1. Beijing - New Delhi
  2. Chongqing - Chennai
  3. Chenzhou - Bengaluru
  4. Dunhuang - Aurangabad (Maharashtra)
  5. Guangzhou - Ahmedabad
  6. Kunming - Kolkata
  7. Qingdao - Hyderabad

 

Data sources: Worldbank, IMF

Read Part-2 here - https://hhds.me/NkzXszrN
Note:
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