National Bureau of Statistics: China's total economic output is close to the sum of the world's third to seventh largest economies According to a report by Golden Finance, on June 2nd, the National Bureau of Statistics released a series of reports on the achievements of economic and social development during the 14th Five Year Plan period. During this period, China's Gross Domestic Product (GDP) achieved a "four consecutive jumps", reaching new heights of 110 trillion yuan (RMB), 120 trillion yuan (RMB), 130 trillion yuan (RMB), and 140 trillion yuan (RMB), with a cumulative increase of over 36 trillion yuan, equivalent to the annual economic output of the world's third largest economy. By 2025, China's total economic output will reach 140.2 trillion yuan, close to the sum of the world's third to seventh largest economies. In the past five years, China has been a "contributor" and the strongest "anchor of stability" to global economic growth. In terms of growth rate, during the 14th Five Year Plan period, China's economy grew at an average annual rate of 5.4%, significantly higher than the global growth level of around 3.7%, ranking among the top economies in the world. China's per capita GDP has risen from $10632 in 2020 to $13953 in 2025, exceeding $13000 for three consecutive years. The report cites data from the World Bank, stating that China's per capita Gross National Income (GNI) in 2021 was $12220, surpassing the world average for the first time and $25.9 higher than the world average. In 2024, China's per capita GNI will reach $13660, an increase of 27.2% compared to 2020. In the per capita GNI ranking released by the World Bank, China ranks 76th (out of 201 economies) in 2024, jumping to the top spot among upper middle income countries.