No. 83 | 22.01.2022


China’s GDP grows 8.1% to US $18 trillion in 2021, the largest jump in a decade, exceeding expectations of the IMF, World Bank, and Beijing

Industrial and services sector grows 8.2%, especially in high-tech manufacturing (18.2%) and software/IT (17.2%), but fourth-quarter slowdown (4%) makes the Central Bank loosen monetary policy

CGTN, 17.01.2022

National Bureau of Statistics of China, 17.01.2022

China’s per capita GDP reaches US $12,551 and consumption grows 12.6% to US $3,800/capita

Average annual personal disposable income (earnings minus taxes) reaches US $5,537 (+9.1%) – US $7,474 (urban) and US $2,984 (rural) – and the biggest expenses being food, tobacco, and alcohol (29.8%), housing (23.4%), education, culture and leisure (10.8%), and health (8.8%)

National Bureau of Statistics of China, 17.01.2022


China’s foreign trade (US $6.05 trillion) is up 30%, hitting historic high, while its trade surplus (US $676.4 billion) grows 26.5%

Control of the pandemic has given China an advantage in the global production chain, especially in electronics and medical products; though China’s biggest trading partner is ASEAN, the US contributed over half of China’s trade surplus, despite the trade war

Yicai Global, 14.01.2022

CGTN, 14.01.2022

Foreign Direct Investment in China increases by 14.9%, reaching record high of US $180.8 billion

High-tech industries (+17.1%) and services (+16.7%) lead FDI growth, with the BRI (+29.4%) and ASEAN (+29%) countries being the biggest sources; the list of sectors with FDI restrictions decreases from 33 to 31 in 2021

CGTN, 14.01.2022

UNCTAD, 19.01.2022

National Politics

President Xi maintains a zero tolerance stance on corruption as part of the CPC’s decade-long “self-reform,” in lead-up to 20th National Congress

Since 2012, 900,000 CPC members were expelled and 400 high-level officials were removed; in the first three quarters of 2021, top anti-corruption bodies sanctioned 414,000 officials (22 at ministerial and provincial level) and received 2.84 million reports

Global Times, 19.01.2022

Three-year reform of state-owned enterprises nears completion, as central SOEs earn US $275.49 billion net profits (January-November 2021)

Beginning in 1970s, the 2020 action plan deepened reforms using market forces to increase efficiency, introduce private capital, retain more talents, and improve profitability among SOEs; this supports growth in strategic sectors where private companies have limited profitability

Global Times, 18.01.2022

CGTN, 08.02.2021

Category Icons

Agriculture and Environment

Plastic waste from e-commerce and food delivery sectors skyrockets to 1.1 million tons from 83.4 billion packages (2020)

To reduce “white pollution” in landfills from the US $104.1 billion industry that made 17.1 billion food deliveries in 2020, incineration technologies are used, a plastic ban was passed last year, and low environmental taxes implemented, but all have a limited impact

Caixin Global, 15.01.2022

Ozone pollution decreased wheat yields by 33% and hybrid rice by 30%, costing US $52 billion annually (2017-19), according to new study

Cutting 50% of ground-level ozone concentration – mainly from burning fossil fuels – could increase wheat (20%) and rice (10%) yields, but complex interactions with other pollutants pose challenges, requiring mitigation measures including chemicals that help plants block ozone

Sixth Tone, 18.01.2022

People’s Life and Culture

China saw slowest population net growth (480,000) in 60 years as birth rate hits record low (7.52 per 1,000 people) in 2021

Population reached 1.41 billion with 14% elderly (>65 years) and working-age (15-59) population of 62.45% experienced the first growth in a decade, but government policies to boost birth rate is expected to have little impact

Caixin Global, 18.01.2022

China’s once thriving newsstands are dwindling as print media declines, hastened during the pandemic

Emerging a century ago to sell newspapers and basic goods, newsstands grew rapidly in the 1990s in effort to provide employment to laid-off workers after restructuring of state-owned enterprises; Shanghai’s 3,000 newsstands declined to 200 by 2019

Sixth Tone, 15.01.2022

A newsstand in Guangzhou, Guangdong province, September 2018 [Li Canrong/People Visual via Sixth Tone]

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