Country Snapshot - China  

HighlightsRankingsQuantitative DataLegislationAnalytical WorkProject Portfolio
  • East Asia & Pacific
  • Lower middle income
  • 1,325,639,981
  • 2774.88
China Flag
Below are select highlights for the data included in the profile.

  1. China's economic freedom score is essentially unchanged from last year, according to the Index of Economic Freedom. The World Bank Group's Control of Corruption ranking improved, and so did the Country Credit ranking.
  2. The Economist Intelligence Unit has revised up its forecast for Chinese real GDP growth in 2009 to 7.8%, reflecting the rapid deployment of the government's $586 billion economic stimulus package and the massive increase in bank lending.
  3. China's overall Ease of Doing Business ranking slipped this year reflecting lower ranking in 5 indicators. In the Trading Across Borders indicator, the ranking is lower this year, mainly due to the increase in cost to export per container from $460 to $500. China also relaxed restrictions on foreign exchange prepayments for exporters and deferred payments for importers, making it easier for smaller companies to trade. The country remains nearly at the bottom in Dealing with Construction Permits indicator. It takes 336 days and 37 procedures to obtain a construction permit which is twice the regional average.