At the moment, no matter what you think of the United States, you can't deny the fact that the United States is the world's largest economy. According to relevant data, the total GDP of the United States last year was as high as 21.43 trillion US dollars. Because the data update will be delayed by a year, so this year can only release last year's data, you may not know what the concept of 21.43 trillion US dollars is, but you can understand it in another way, the total GDP of the United States last year has accounted for a quarter of the total global economy.
In other words, the total global economy is equivalent to four United States. China is the second largest economy, and the economies of these two countries alone already account for about half of the world's total economy. According to the latest data, in the first quarter of this year, the total GDP of the United States has reached 5.26 trillion US dollars, assuming that this is the case every quarter, then the total GDP of the United States this year is expected to be about 21 trillion, similar to last year.
Then some people asked, the total GDP of the United States ranks first in the world, so what does the United States rely on to support it? According to the data released by the U.S. Department of Commerce, the proportion of the tertiary industry in the United States last year was as high as 80.96%! What does the tertiary sector consist of? Real estate, finance, information services, wholesale and retail, etc., these are all considered tertiary industries. The first is that the U.S. financial industry is very developed and contributes a lot to its own economy.
In particular, New York is already the world's largest financial center and the region with the highest total market value of listed wages. The second is that private consumption in the United States is relatively high, which is recognized by the world, and the consumption power of the United States, which has only 330 million people, is actually stronger than that of the mainland's 1.4 billion people. In other words, the consumption power of one person in the United States is equal to the consumption power of three or four people on the mainland.
Moreover, because the consumption concept of American residents is different from ours, the spending power is also different. What we advocate is to save part and use part, while the United States advocates "moonshine" and even advanced consumption. Even if they don't have money, they have to borrow money to spend, so their private consumption is very developed, which is very conducive to economic growth. As long as someone consumes, then there is no worry about the development of the industry, and the consumption capacity is of course in the forefront of the world.
Finally, the United States is very high-tech, which we have to admit, especially in the area of patent monopoly, which makes many countries feel "headaches", I believe there is no need to say more, what happened to Huawei last year and this year is enough to prove this. At present, the United States is already very high in terms of royalties alone, let alone using high-tech production to deal with things.
The most important thing is that the United States is not only the first in science and technology, but also foreign high-tech enterprises. For example, technology companies such as TSMC, Dutch ASML and Samsung all have US shares. At present, the founder of Samsung said that the United States will not participate in the decision-making of enterprises, and other companies, the United States will "intervene" at critical moments, which Xiaobian no longer needs to confirm, and what has happened in the past two years is enough to prove this point of view.
In general, in fact, there is a reason why the United States can become the world's largest economy, not what we see, although many people now have a bad opinion of the United States, but the facts are the facts, and we have to admit the things in front of us. Do you have any better thoughts on this?