economy
Economy
In 2006, Beijing's nominal GDP was 772.03 billion RMB (about 97 billion USD), a year-on-year growth of 12% from the previous year. Its GDP per capita was 49,505 RMB, an increase of 8.8% from the previous year and more than twice as much as in 2000. In 2005, Beijing's primary, secondary, and tertiary industries were worth 9.77 billion RMB, 210.05 billion RMB, and 461.63 billion RMB.
Location(s)
Beijing, 11
China
Chinese Economy
Beginning in late 1978, the Chinese leadership has been reforming the economy from a Soviet-style centrally planned economy to a more market-oriented economy that is still within a rigid political framework under Party control.
Location(s)
