preface
The United States officially released the 2021 US economic data. Subsequently, US President Biden quickly came out to ask for credit, biden said: "For the first time in 20 years, our economic growth surpassed China.". But what are the facts? Let's reveal. #经济 #
The U.S. economy rebounded strongly in 2021, totaling nearly $23 trillion, the highest since 1984 and better than expected.
Previously, in 2020, the overall GDP of the United States fell by 3.5%, the lowest since 1946. #US ##中美 #
【The United States Makes History Again】
The GDP of the United States in 2021 will reach 22,993.471 billion US dollars, a net increase of 2,099.725 billion US dollars, a nominal growth rate of 10.05%, and a real growth of 5.7%. On the surface, the data of the US economy is indeed very bright, and it is expected that Western countries will have another target to flaunt. The United States seems to be back, back to the C position.
However, in 2021, the United States has issued treasury bonds many times, with a total of 17.7 trillion US dollars, how many points of economic growth can be driven? We do not know without professional accounting by experts. But most of this $17.7 trillion in investment is sent to ordinary Americans in the form of cash and consumption vouchers, which is equivalent to the same effect of consumption-driven and fixed-asset investment, and the effect on economic growth is immediate.
【China is better】
Previously, China's GDP in 2021, which has been officially announced, will achieve 114 trillion yuan, which is converted into US dollars of 17728.02 billion US dollars, a net increase of 3005.289 billion US dollars, with a nominal growth rate of 20.41% and a real growth rate of 8.1%. Although China's economy has achieved good results, we have also seen the difficulties of China's economic transformation and development, in the face of the United States' continuous technological blockade and containment, we have all carried over, although facing the downward pressure of the future economy, our economy has also shown strong resilience.
【Sino-US Economic Comparison】
In 2021, China's growth rate is more obvious, the net increase exceeds the United States by nearly 1 trillion US dollars, the BRITISH GDP in 2020 is 2.76 trillion yuan, and Indonesia is 1.058 trillion yuan, that is to say, China is growing by one Uk a year, and surpassing the United States and Indonesia in a year.
Comparison of 2021 economic data between china and the United States
Through the comparison of Sino-US economic data in the past 20 years, the future economic trend of China and the United States is analyzed and judged
In 2001, China's total economic output was only more than 1.34 trillion US dollars, accounting for 12.66% of the United States.
At that time, the United States thought that China was too weak and rustic relative to the United States, full of cheap labor that could be extracted and backward economic development models, and tried to change China's direction by opening up the economy.
Moreover, China will never pose a threat to the United States, which is the consensus in the United States.
So, in 2001, China was invited into the WTO by the United States and demanded that China strictly abide by trade rules.
However, 20 years later, at the end of 2021, China has undergone earth-shaking changes, and China has become the ultimate beneficiary of china's accession to the WTO. At this time, China's GDP was already 77.1% of that of the United States, up 64.44% in 20 years.
China's total economic output will account for the proportion of the United States from 2001 to 2021
The United States' fear of China has reached its extreme, and it is crazy to the point of no return, but China's continuous development has once again proved that containing China will only make China stronger and more calm.
So, how many more years will it take for China to surpass the United States? Preliminary estimates are that at the earliest 7 years, at the latest 10 years, China will surely surpass the United States, and this historical date is 2032. Remember this day, we come together to witness.