The industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFEThe industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFE
The industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFE
Economy /  China Economy

China to overtake US as world’s top economy in 2032 despite Washington hostilities, state think tank predicts

  • Report is based on prevailing assumptions in Beijing that China’s economic rise is unstoppable
  • Development Research Centre of the State Council suggests that feuds with United States will continue to intensify over the next five years

Topic |   US-China tech war
Frank Tang
Frank Tang in Beijing

Updated: 12:05am, 3 Sep, 2020

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The industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFEThe industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFE
The industrial sector’s share of China’s GDP could drop to 35 per cent by 2025, from 39 per cent in 2019, according to predictions in a new state think tank report. Photo: EPA-EFE
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