IGT | INSIDE GLOBAL TRADE
Policy Brief No. 202005
February 10, 2020

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Structural changes in world economic landscape
Su Qingyi

The latest official figures showed China's GDP increased by 6.1 percent year on year last year, moving toward 100 trillion yuan ($14.32 trillion). And its GDP per capita exceeded the threshold of $10,000 in 2019.

Despite certain negative influences on the short-term growth of the Chinese economy the novel coronavirus outbreak will not affect the nation's long-term outlook. Though the GDP growth of the first quarter will be under pressure thanks to reduced demand, especially that in the service industry and delayed production and operation.

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