Is China already the biggest economy in the world?

中国已经是全球最大的经济体了吗？

以下是Quora网友的评论：

KokHin Lim

Yes it is already the biggest economy in the world since 2014 based on real purchasing value PPP by 2022 it is really close to 1.5 times that of the US economy.

The 700 million Chinese middle class is close to twice the total population of the US. Its consumption and investment is nearly twice that of the US.

95% of the entire world's nation has China as the their biggest trading partner!

是的，中国从2014年起就已经是世界上最大的经济体了，根据实际购买力平价来计算，到2022年，中国经济接近美国经济的1.5倍。

中国有7亿中产阶级，差不多是美国总人口的两倍。中国的消费和投资几乎是美国的两倍。

全世界95%的国家把中国作为他们最大的贸易伙伴。

In growth China is constantly out growing the US by 3 fold year on and year out. And the US is in a technical recession with a —1.5% GDP in 2022 while China is on course for a 5% growth!

This Ukraine is a bottomless money pit that the US will have to throw good money in trillions to support Ukraine, while China is building, the US is destroying, while China is develo the world the US is threatening it!

在经济增长方面，中国每年的经济增长速度都是美国的三倍。美国正处于技术性衰退之中，2022年GDP仅为-1.5%，而中国的增长率逼近5%！

乌克兰是个无底洞，美国骑虎难下，花费巨资来给乌克兰填坑。中国正全力搞建设，美国只知道搞破坏。中国努力发展世界，而美国只会带来危险。

William W Moore

Studied at US Air Force Studied Chinese History, Culture, and Geography for the Purpose of Destroying It.Author has 966 answers and 423.6K answer viewsFri

“The United States and China are the two largest economie globally in both Nominal and PPP methods. US is at the top in nominal, whereas China is at the top in PPP since 2017 after overtaking the US.”

If an American farmer sells an egg for a dime, that sale adds $0.10 to America’s GDP. If a Chinese farmer sells an egg for a nickel, that adds $0.05 to China’s GDP. The USA has more money than China has. China has more chickens and more eggs. Which is the larger economy?

“以名义和购买力平价计算，美国和中国都是全球最大的两个经济体。美国在名义上排名第一，而中国2017年其就在购买力平价上超过了美国，排名第一。”

如果一个美国农民以一毛钱的价格卖出了一个鸡蛋，那么这个销售额将为美国的GDP增加0.10美元。如果一个中国农民以五分钱的价格出售一个鸡蛋，那么中国的GDP将增加0.05美元。美国的销售价格比中国高。但中国有更多的鸡和更多的蛋。哪个才是更大的经济体？

 Eric Wang

Lives in California (1991–present)Author has 361 answers and 27.3K answer viewsFri

On a nominal basis, the US GDP is still higher than that of China. But on a ppp basis, China overtook the US in 2017 already. This brought up the gist of the topic, which is we shouldn’t overlook the fact that Chinese population is 4 times that of the US’s. China still has a long way to go on per capita performance.

名义上，美国GDP仍高于中国。但以购买力平价计算，2017年中国就已经超过美国了。这个问题的关键点出现了，我们不能忽视中国人口规模是美国人口的4倍这一基本事实，中国的人均GDP还任重道远。

Paul Denlinger

Lived in China, Taiwan and Hong Kong; fluent in PutonghuaAuthor has 11.5K answers and 54.4M answer views10y

What do you think about the prospect of China's economy in the next 10 years?

It's going to be a bumpy ride for the Chinese Co unist Party. Basically, for the 30 years from 1979 to 2008, the chinese and party got a free ride from globalization and manufacturing outsourcing, but now that there is weak demand all over, things are going to be tough.

The Chinese economy will begin the shift to services, but the transition won't be smooth.

对中国来说，未来10年中国的经济发展不会一帆风顺。从1979年到2008年的30年间，中国搭上了全球化和制造业外包的顺风车，但现在全球经济都很疲软，前途堪忧。

中国经济将开始向服务业转型，但不会太顺利。

Ismail Bashmori

Author has 441 answers and 5.8M answer viewsJun 28

Will China’s economy continue to boom?

I'm not worried about China's economy whatsoever. I've almost lost interest in writing about it. It's sorta like how your freezer keeps your food frozen without you thinking about it. China's economy is basically under the best and most skilled and sophisticated management possible in the universe. It's on some kind of Einsteinian autopilot. Hell yes it's gonna keep growing, the distribution of wealth will get better, the standard of living will keep going up, education, technology, Infrastructure will transform, and it'll green up and cut its carbon emissions, and get more interconnected and sanction-proof too. All while I sleep and watch TV, and argue with idiots on Quora.

我根本不操心中国的经济。我一点提笔回答的冲动都没有。就好比你压根不会操心家里的冰箱是如何把食物冷冻起来的。中国经济基本上处在全世界最优秀、最熟练、最精妙的管理体系监管之下。中国经济将继续增长，财富分配将得到改善，生活水平将继续提高，教育、技术和基础设施会日新月异，提高绿化程度并减少碳排放，还会更加互联互通，无惧制裁。就在我睡大觉、看电视、在Quora上和笨蛋争论的同时，中国从未停下脚步。

Thomas Lee

Multinational Senior Executive Author has 5.1K answers and 15.8M answer views1y

As an American, how would you feel if/when China becomes the largest economy in the world?

I am NOT an American but I wonder why Americans care if China becomes the largest economy of the world.

Currently, China's GDP per capita is about 1/6 of that of USA.

China had more than 4 times population of USA.

我不是美国人，我很纳闷，为什么美国人这么关心中国是否已经成为世界上最大的经济体。

目前，中国的人均GDP约为美国的1/6。

中国的人口是美国的4倍之多。

Therefore, if China continues to develop in the next ten years to achieve a GDP per capita of 1/4 of USA, they will achieve being the largest economy of the world.

Do and should Americans be concerned and alarmed if China and Chinese are still ONLY 1/4 of their country in say another 10 years from now?

所以，如果中国经济在未来十年继续发展，人均GDP达到美国的1/4，他们就会成为世界上最大的经济体。

如果再过10年，中国和中国人均GDP仍然只占美国的1/4，美国人该不该担心害怕？

Kanthaswamy Balasubramaniam

LawyerAuthor has 17.1K answers and 398.3M answer views9mo

Is China not rich, given that its economy has grown so much over the past decade plus?

No

China is not rich

China is Economically a very powerful entity. As on date - it is the most economically powerful entity on earth albeit expected to slip to second spot after COVID finally gets phased out.

不

中国并不富裕

中国在经济上非常强大。截至目前，中国是世界上经济实力最强的经济体，尽管新冠疫情后可能下滑到第二位，并慢慢出局。

A. How big is Chinas Purse?

Ans:- A Nations purse is estimated to be equal to the Sum of a Nations Foreign Reserves + Foreign Credits minus the Nationals External Debts and the Nations Short Term Foreign Reserves

A、 中国的钱袋子有多大？

答案：国家金库约等于国家外汇储备+外债减去国家外债和国家短期外汇储备的总和

Chinas purse stands at a whop $ 3 Trillion

This means China can literally pull out and spend $ 100 Billion like it is nothing.

China has the largest purse in the World.

中国的钱多达3万亿美元

这意味着中国可以随时从钱袋子里抽出1000亿美元的钞票来花。

中国拥有世界上最大的钱袋。

B. How serious are Chinas Debts?

Ans:- China has an estimated $ 43 Trillion of Debt. This is Debt by every Chinese entity on earth including the Government. However this debt is backed by $ 41 Trillion of Hard Core Assets

B、 债务有多严重？

答：估计有43万亿美元的债务。这是包括政府债务在内的总债务。但是这个债务有410万亿美元的核心资产做后盾。

C. Is China Truly Rich?

Ans:- No. Thats because of Population. Chinas wealth distribution is highly skewed. At one point in 2008 - China has a Gini of almost 60 and an INequality Index of almost 2700 but since i ing- China has reduced this to 644 which is still extremely high (100 is Ideal Utopian with countries like Finland having in the low 150s)

C. 中国真的很富裕吗?

答：没有。那是因为人口规模。中国的贫富差距极大。2008年，中国的基尼系数接近60，不平等指数接近2700，但现在中国已将不平等指数降至644，但这一数字依然很高（100是理想的乌托邦水平，芬兰等国是150多）

China has a Middle Class of 52.4% against USAs almost 82% - still far better than the 26.7% Middle Class in 2000 that China had.

70% of Chinas wealth is controlled by 6.53% of Its Population which is better than USA (2.55%) or India (1.24%) or Pakistan (0.41%) but far worse than countries like Norway (27.6%), Finland (25.2%) or even Lithuania (14.4%)

中国中产阶级占52.4%，而美国中产阶级占82%，远高于2000年中国中产阶级的26.7%。

中国70%的财富由6.53%的人口控制，这一比例高于美国（2.55%）、印度（1.24%）或巴基斯坦（0.41%），但远低于挪威（27.6%）、芬兰（25.2%）甚至立陶宛（14.4%）等国。

In the latest meetings - China have set a Target of 2026 to ensure that 70% Wealth is in the hands of at least 20% of the Population under the Common Prosperity Program

最近，中国制定了2026年的发展目标，要确保在共同繁荣共同富裕的计划下，让70%的财富掌握在至少20%的人口手中。

So China is Tremendously Economically Powerful because

(a) It has the Largest Wallet in the World

(b) It has the best Debt Leverage Ratio in the World

So China is NOT RICH Because

(a) It has a very uneven and skewed ownership of Wealth compared to 61 Countries (China is 62nd)

(b) It has a Huge Population

所以说，中国的经济实力确实强大，因为

（a） 中国拥有世界上最大的钱袋子

（b） 中国拥有世界上最好的债务杠杆率

但中国也并不富裕，因为

（a） 与61个国家（中国排名第62位）相比，中国的财富分配非常不均衡

（b） 中国有庞大的人口

Kanthaswamy Balasubramaniam

Author has 17.1K answers and 398.3M answer views1y

How good are China's prospects of becoming the number one economy in the world, and when will it achieve it?

It is doubtful China can do this in less than 50 Years

Sure! In terms of paperwork - Yes China can give some paper numbers and give numbers touting to be the largest economy based on PPP within 2025 itself - but a #1 Economy is something else.

The key difference in the US and China is the Middle Class and the Overall Standard of Living.

中国能否在不到50年内成为头号经济强国，值得怀疑。

当然了，纸上谈兵的话——中国可以拿出一些文书，说根据购买力平价，2025年中国会成为最大的经济体——但头号经济体可没这么简单。

美国和中国的主要区别在于中产阶级和总体生活水平。

Dan Bradbury

Lived in The United States of AmericaAuthor has 21.7K answers and 233.6M answer views5y

What are the chances of China passing USA on being the largest world economy?

What are the chances? Given the trajectory of history, somewhere above 99%. Barring self destruction by our species, probably closer to 100%. Five to fifteen years for nominal GDP. It's already larger in PPP GDP.

中国超越美国，成为经济头号大国的机会有多大？根据历史发展轨迹，概率大概在99%以上。除非人类自我毁灭，否则可能性接近100%。按名义GDP计算，需要5-15年。但在购买力平价方面，中国已经超过美国了。

William Regan

I've been living in China for ten years.Author has 908 answers and 4M answer views4y

What will happen if China becomes the world’s biggest economy?

It’s not a matter of if, it’s a matter of when.

What will happen? Nothing that isn’t already happening. The size of China’s economy makes it a vital, interconnected part of the world economy. Any recession or depression here will have shockwaves throughout the world.

这不是会不会的问题，这只是时间的问题。

中国成为世界最大经济体会怎样？没啥特别的。中国经济的规模让中国成为世界经济中至关重要的一环。中国的衰退和萧条会对全世界产生强大冲击。

The real questions are:

How much longer will the EU last? Can it survive the Brext crisis, maintain its currency, and even add a few member states? What if all the neutral nations joined — and places like Turkey or even Russia joined (would require a radical departure from the status quo)

真正的问题在于：

欧盟还能维持多久？能否熬过英国退欧危机，维持欧元体系、甚至再发展几个成员国吗？如果所有的中立国都加入——土耳其甚至俄罗斯也加入会怎样？

What will the result be of the i’s Belt and Road Initiative? Will it lead to greater regional cooperation? Will the recipients of this somehow tilt the deal in their favor?

Could India assert its regional dominance and become a key competitor to China? If it could keep all its brain power at home and develop its tech industry — maybe so.

一带一路的未来会怎样？能不能带来更大的区域合作？这些受益国会不会向中国靠拢？

印度能否巩固其在亚太地区的主导地位，成为中国的主要竞争对手？如果印度能把所有的人才留在印度国内，发展自己的科技产业——也许可以。

David Chau

Lives in Hong KongAuthor has 290 answers and 28.7K answer views3y

How likely is it for China to be the strongest economy in the next 20 years?

Most likely China will surpass America that's why America is trying pretty hard to stop that by the trade war and interfering HK. Indeed China is no longer just cheap labour that's why they have speed train ,super highways, 5G all these are highly skillful projects especially the super highways that link HK ,Macau And China city which no one predicted China can do it.

中国极有可能超过美国，这就是美国试图通过贸易战、插手香港事务来阻止中国的原因。事实上，中国不再只是廉价劳动力的代名词，中国有了高铁、高速公路、5G，这些都是高科技工程，特别是连接香港地区、澳门地区和中国大陆城市的高速公路，没人相信中国可以做到。

Gwydion Madawc Williams

Read a lot about thisAuthor has 45K answers and 38.1M answer views7y

How powerful is China economically?

The second largest economy, and rising fast. But likely to be 'punching under its weight' for some time to come.

China has a large middle-income population. It is not well placed to support foreign countries economically, nor much inclined to try.

China is also not a trading hub: very seldom the intermediary between two other economies for trade or finance.

Economic power also related to politics. China would face a lot more hostility if it tried exercising power as the USA has done, simply because its culture is much more distinct.

中国现在是全球第二大经济体，还在快速崛起。但在未来一段时间内，中国会面临“船大难掉头”的困境。

中国拥有庞大的中等收入人口。这对外国经济没什么助益。

中国也不是一个贸易中心：中国很少充当两个经济体之间的贸易或金融中介。

经济实力也跟政治关系有关。如果中国想学美国那样施加影响力，就将遭遇更多的敌意，原因很简单，因为中国的文化更加独特。

Joseph Wang

ex-VP, Big investment bank - Hong KongAuthor has 28.4K answers and 102.9M answer views5y

Is China’s economy overheating?

As of August 2017….

Walking down the street in Shenzhen and Hong Kong, it doesn’t feel like it.

I’ve been through periods in which the economy was very clearly overheating. Prices go up, everyone is crazy spending, rents go through the roof. The most result example was the stock market bubble about 18 months ago, when you had three new brokerage companies open downstairs in a nearby mall.

2017年8月....走在深圳和香港的街道上，并没有感觉到中国经济过热。

我经历过经济明显过热的时期。房价上涨，大家疯狂消费，房租飞涨。最典型的例子是18个月前的股市泡沫，当时附近的商场一下开了三家新的券商。

One sign that I use to see if the economy is overheating is the ‘sticky tape” index. You have all of these cheap restaurants that don’t print new menus, and so when they tape over a lot of the old prices with new prices, you know the economy is over heating.

There’s also the “rent”/”stock market” conversation index, which is how quickly a conversation with someone turns into a discussion of the stock market or rents.

But that’s not the way the economy feels like in August 2017. It feels calm.

我判断经济是否过热的一个指标是“贴纸”指数。经济实惠的餐馆不会打印新的菜单，如果他们在旧的价格上贴上新价格贴时，你就知道经济开始过热了。

还有“房租”/“股票市场”聊天指数，就是人们聊天时把话题切换谈到股票或房租的速度。

但2017年8月，中国的经济形势并没有过热，还挺平静。

Gwydion Madawc Williams

Read a lot about thisAuthor has 45K answers and 38.1M answer views1y

Why has the Chinese economy doing so well despite Covid-19?

A very efficient government, ready to defend the general interest against selfish or foolish individuals.

因为中国有一个非常高效的政府，随时准备保护公众利益。

Shazaan Khan

Studied Master of Human Resource Management (MHRM) at Jamia Millia Islamia (Graduated 2018)Author has 51 answers and 414.8K answer views4y

How is China's growing economy impacting the world?

Originally Answered: How China's growing economy is impacting the world?

No doubt in the fact that the Asian giant is impacting other countries including India to the great extent. Refer to my this post to know in detail how china is impacting the world.

毫无疑问，中国这个亚洲巨人在很大程度上影响了包括印度在内的其他国家。

Callan Chua

Been Learning how to make it in China for the past 10 years.Author has 308 answers and 1.8M answer viewsUpdated 4y

Related

How did China manage to become the largest or second largest economy in such a short amount of time?

Disclaimer : I’m not an economist. Nor am I educated in economics. You can say that my answer is entirely emotional and uneducated so choose to ignore if you find my observations irrelavant.

I read some of the answers, and I felt that those who talks about slave labor, cheap labor, currency manipulation etc, have no idea about modern chinese background. After first coming to China 10 years ago and staying here for the past 8 years, I see a lot of changes happening in China, from a labor intensive low cost manufacturing economy to now a mid-high tech product powerhouse, one thing did not change. That is the chinese’s sheer willingness to work hard. The experts can make up a thousand reasons for their growth but all those reasons would be external, their success comes from within and nothing can help them if they are not willing to help themselves.

免责声明：我不是经济学家，也没有学过经济学。你可以说我的回答是感情用事，没文化，OK，我都没意见。

我看了一些人的回答，我觉得那些张口闭口奴役劳动力、廉价劳动力、操纵汇率的人，根本不了解现代中国。10年前我第一次来到中国，并在这里生活了8年，我目睹中国发生了很多变化。中国从一个劳动密集型、低成本制造业经济体发展到现在，成为一个高科技大国，有一件事从未改变过：就是中国人努力工作的劲头。中国的成功源于他们的自驱力，如果他们不愿意帮助自己，没有什么能帮到他们。

I heard a lot of foreigners saying that chinese students studying in their country are boring. All studying and no play, makes a dull Jack. But essentially, what they believe in is gras every opportunity they can and to work hard now so that they can play in style later. Such beliefs are ingrind in their soul. The same can be said for the workforce and business owners. For those who calls that slavery, it ain’t slavery if they are paid and willing. They genuinely happily earn good money for their work. Look who are the biggest spenders in tourism? They can’t be slaves if they have money to buy those stuff in your country. It’s slavery to you because you are not willing to work that hard.

很多外国人说在他们国家留学的中国学生很无聊，只会埋头苦读，简直就是书呆子。但他们信奉的就是努力抓住每一个机会，现在好好努力，以后有的是时间好好玩。这种信念在他们的灵魂中根深蒂固。对于员工和雇主来说也一样。只要他们能得到报酬并且心甘情愿。他们通过自己的辛勤工作赚到了钱，获得了真正快乐。你看看谁是旅游业最大的消费群体？如果他们有钱去你们国家购物，他们怎么可能是奴隶呢？也许是因为你自己不愿意努力工作，才说人家吧。

Of course, I’m not saying that all Chinese are rich. But what I can see in China is that for those actively seeking out opportunity and is willing to work hard, they get rewarded for it. And there are a lot of such people.

当然，并非所有的中国人都很有钱。我在中国看到的是，只要积极寻找机会并愿意努力工作，人们就能获得回报。

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