China's gross domestic product (GDP) exceeded 126 trillion yuan (RMB, the same below) last year, a year-on-year increase of 5.2% at constant prices. Based on comparable prices, China's economic growth in 2023 will exceed 6 trillion yuan, equivalent to the annual economic aggregate of a medium-sized country.
The resilience of major economies is different and is closely related to a series of factors such as market size, factor endowment, industrial structure, and degree of digitalization.