Before the financial crisis of 2007, China's GDP is only 62% of the United States. In 2011, China's GDP is 120% of the U.S. The GDP of China is $2.9 trillion, the United States is $2.4 trillion. None of the countries around the world can overtake our China. And China's GDP is 346% of Germany, 235% of Japan.
China has huge progress, but the achievements not exaggerated. At present, only the total of GDP is far more than the United States. As we know, the USA is still the technology leader and China need quite a long time to catch up. From the point of global income, American industrial enterprise's income is still four times of Chinese companies. Although from 2007 to 2013, China's industrial enterprise income has more than Germany's, become the world's third.
Written by Dora Men