GDP from Services in China increased to 688238.40 CNY Hundred Million in the fourth quarter of 2023 from 507476.20 CNY Hundred Million in the third quarter of 2023. GDP from Services in China averaged 132582.49 CNY Hundred Million from 1992 until 2023, reaching an all time high of 688238.40 CNY Hundred Million in the fourth quarter of 2023 and a record low of 2212.70 CNY Hundred Million in the first quarter of 1992. source: National Bureau of Statistics of China

GDP from Services in China is expected to be 173749.00 CNY Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China GDP Tertiary Industry is projected to trend around 745114.00 CNY Hundred Million in 2025 and 775664.00 CNY Hundred Million in 2026, according to our econometric models.

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China GDP Tertiary Industry


Related Last Previous Unit Reference
GDP Growth Rate 1.00 1.50 percent Dec 2023
GDP Annual Growth Rate 5.20 4.90 percent Dec 2023
GDP 17963.17 17820.46 USD Billion Dec 2022
Gross National Product 1197250.40 1133239.80 CNY Hundred Million Dec 2022
Gross Fixed Capital Formation 504835.00 478901.20 CNY Hundred Million Dec 2022
GDP from Manufacturing 399103.10 291714.90 CNY Hundred Million Dec 2023
GDP from Construction 85691.10 58706.10 CNY Hundred Million Dec 2023
GDP from Agriculture 89755.20 56330.10 CNY Hundred Million Dec 2023
GDP Constant Prices 1191037.30 859053.30 CNY Hundred Million Dec 2023
GDP from Transport 57819.80 43123.90 CNY Hundred Million Dec 2023
GDP from Services 688238.40 507476.20 CNY Hundred Million Dec 2023
Economic Activity Index 50.80 51.70 points Oct 2021
GDP from Mining 23696.00 22592.00 CNY Hundred Million Dec 2019

China GDP Tertiary Industry
The Tertiary sector accounts for around 44 percent of total output in China and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. The value is cumulative.
Actual Previous Highest Lowest Dates Unit Frequency
688238.40 507476.20 688238.40 2212.70 1992 - 2023 CNY Hundred Million Quarterly
Current Prices, NSA, CMLV