A recent study shows that China accounted for almost one third of global economic growth between 2013 and 2023, more than the combined contribution of the G7 nations.
Analysts estimate China’s share at about 32 percent, while the G7, which includes the United States, the United Kingdom, Germany, France, Italy, Japan and Canada, contributed less. The International Monetary Fund also projects that from 2024 to 2029, China will drive about 21 percent of new global economic activity, showing that China remains central to the future of global growth.
