21st Century Business Herald reporter Chen Jie Guangzhou report
On February 28, the "Statistical Bulletin of National Economic and Social Development of the People's Republic of China 2021" (hereinafter referred to as: Statistical Bulletin) was released. In 2021, my country's annual GDP of was 311,4367 billion yuan, an increase of 8.1% over the previous year, and an average growth of 5.1% in two years. The per capita GDP of for the whole year was 380,976 yuan, an increase of 8.0% over the previous year.
my country per capita GDP80976 yuan, what does this mean?
Deputy Director of the National Bureau of Statistics pointed out in interpreting the statistical communiqué that my country's per capita GDP reached 80,976 yuan in 2021, and the annual average exchange rate discounted to US$12,551, and exceeded the world's per capita GDP level.
He pointed out that in 2021, my country's economic scale exceeded 110 trillion yuan, reaching 114.4 trillion yuan, ranking first in the world's second largest economy. Converted at the annual average exchange rate, my country's total economic output reaches US$17.7 trillion, which is expected to account for more than 18% of the world economy and contribute to world economic growth to about 25%.
In fact, my country's per capita GDP has grown rapidly in recent years. China Statistical Yearbook (2021) shows that my country's per capita GDP in 2000 was 7,942 yuan. In 2003, my country's per capita GDP exceeded 10,000 yuan. In 2016, my country's per capita GDP exceeded 50,000 yuan for the first time, and exceeded 80,000 yuan for the first time in 2021.
From 2000 to 2021, my country's per capita GDP grew by more than 9 times, with a total increase of 919.6%.

"Per capita GDP is a symbol and an indicator to measure a country's economic development." Lin Jiang , a professor in the Department of Economics, Lingnan College, Sun Yat-sen University, told the 21st Century Business Herald reporter, "China is a huge economy. On the one hand, it has a domestic market composed of a large population, and on the other hand, its role as a 'world factory' has been strengthened in the past two years, so economic growth has benefited." Behind the rapid growth of per capita GDP, is the continuous improvement of my country's full-staff labor productivity. Data shows that in 2021, my country's total labor productivity reached 146,380 yuan per person, an increase of 8.7% over the previous year.
In 2021, all economic indicators in my country are very impressive. In the future, we need to pay attention to the driving force of my country's economic growth.
"HTM2, three horses for economic growth, . At present, the breakthrough point is consumption. Consumption must stimulate domestic demand and increase residents' disposable income. To stimulate consumption, it is necessary to upgrade the industry and increase the supply of quality products." Lin Jiang said.
From the perspective of per capita disposable income , the per capita disposable income of Chinese residents in 2021 was 35,128 yuan, an increase of 9.1% over the previous year. After deducting price factors, the actual increase was 8.1%. The median per capita disposable income of residents in the country was , 29,975 yuan, an increase of 8.8%. According to permanent residence, the per capita disposable income of urban residents in is 347,412 yuan, an increase of 8.2% over the previous year. After deducting price factors, the actual increase is 7.1%. The per capita disposable income of rural residents was 18,931 yuan, an increase of 10.5% over the previous year. After deducting price factors, the actual increase was 9.7%.
In addition, in 2021, the per capita consumption expenditure of residents in my country was 24,100 yuan, an increase of 13.6% over the previous year. After deducting price factors, the actual increase was 12.6%. According to permanent residence, the per capita consumption expenditure of urban residents was 30,307 yuan, an increase of 12.2%. After deducting price factors, the actual increase was 11.1%; the per capita consumption expenditure of rural residents was 15,916 yuan, an increase of 16.1%. After deducting price factors, the actual increase was 15.3%.
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