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Save China Real GDP

The Chinese government seeks to transform its economy from growth-pursuing into a quality-improving one. As economic growth and consumption slow down, however, the government encourages more infrastructure to be constructed in hope to accelerate growth.

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Latest Stats
  • China Real GDP (YoY, L)
    2020 Q4
    6.50%
  • China Nominal Gross Domestic Product, Current Quarter
    2020 Q4
    293,199.6000m
Source
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Save Chinese GDP Component

Investment accounts for 45% of its GDP-- the highest in the world. Consumption accounts for 39%. For a long time investment has higher percentage than consumption, resulting in overproduction. The Chinese government aims to lower investment and to boost internal demand.

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Latest Stats
  • Personal Consumption Expenditures
    2019
    38.88%
  • Government Consumption Expenditures
    2019
    16.71%
  • Gross Capital Formation
    2019
    43.26%
  • Exports
    2019
    18.42%
  • Imports
    2019
    17.26%
  • Net Exports
    2019
    1.15%
Source
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Save China Value-added of Industry, Accumulated (YOY)

Three main industries in China are as follow:
Agriculture, forestry, livestock husbandry and fishery are the primary industry.
Manufacture, mining, construction and public construction are the secondary industry.
Business, finance, insurance, real-estate, transportation, communication and service are the tertiary industry.

The tertiary industry is supporting the Chinese economy, while the secondary industry is losing momentum.

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Latest Stats
  • China Value-added of the Primary Industry, Accumulated (YoY)
    2020 Q4
    3.00%
  • China Value-added of the Second Industry, Accumulated (YoY)
    2020 Q4
    2.60%
  • China Value-added of the Tertiary Industry, Accumulated (YoY)
    2020 Q4
    2.10%
Source
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Save China Value-added of Industry (Current Period)

VAI of the tertiary industry has surpassed that of the secondary industry in 2013, as the country was adjusting its economic structure. For now, the primary industry roughly accounts for 7% to 10%, the secondary industry for 40% and the tertiary for over 50%.

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Latest Stats
  • China Value-added of the Primary Industry, Current Quarter
    2020 Q4
    29,631.5000m
  • China Value-added of the Secondary Industry, Current Quarter
    2020 Q4
    109,988.3000m
  • China Value-added of the Tertiary Industry, Current Quarter
    2020 Q4
    153,579.9000m
Source
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Save China Railway Freight Traffic

Freight traffic by railways is one of the subindices under Li Keqiang Index. Heavy traffic suggests booming economic activities and rising stock prices.

The Chinese government aims to increase railway freight traffic by 30% compared to 2017 by 2020, because railway freight is more eco-friendly than highway freight.

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Latest Stats
  • China Railway Freight Traffic (L)
    2021-01
    40,860.220k
  • China Railway Freight Traffic (YoY, R)
    2021-01
    12.52%
Source
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Save China Population

China thrives on its demographic dividend from 1980 to 2010. The one-child policy implemented from 1979 to 2016 causes birth rate to decline and the working age population to decrease.

The Chinese government now encourages people to have the second child and expects the total population to increase by 198 million to 1.48 billion by 2050. According to China official estimates, if the one-child policy had remained in place, the total population would decline to 1.28 billion by 2050.

The UN estimates that the total population of China will reach 1.36 billion by 2050 as Chinese tend to keep their families small and begin to decline in 2030.

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Latest Stats
  • 15 to 64 Years Old (%, L)
    2100
    54.37%
  • 15 Years Old and Under (%, L)
    2100
    13.79%
  • 65 Years Old and Above (%, L)
    2100
    31.85%
  • China Total Population (1000, R)
    2100
    1,064,993.46k
Source
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Save Per Capita Disposable Income & Expenditure

Resident per capita disposable income is the sum of total consumption expenditure and savings, including cash and in-kind income. Resident per capita consumption expenditure is the sum of expenditures spent in everyday life, including cash and in-kind expenditure.

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Latest Stats
  • Per Capita Disposable Income, Accumulated (YoY)
    2020 Q4
    2.10%
  • Per Capita Expenditure, Accumulated (YoY)
    2020 Q4
    -4.00%
Source
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Related Product
The US ETFs 1 month 3 month Year to date
iShares MSCI Hong Kong ETF (EWH) 3.31% 8.63% 7.79%
First Trust Hong Kong AlphaDEX Fund (FHK) 2.83% 12.51% 0%

Save Hong Kong Real GDP

Hong Kong's economy transformed since the mid-80s from manufacture-based and export-oriented to services-based and transit trade-oriented. Services account for 90% of its GDP, among which financial services and trade services stand out, making Hong Kong an important international commercial hub. Tourism supports Hong Kong's domestic demand and service exports.

The trade and tourism-centered economy is thus vulnerable to economic crisis, for example, Asian Financial Crisis in 1997, Net Bubble in 2000, SARS breakout in 2003, and the Financial Crisis in 2008. US-China trade war in 2019 also took its toll.

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Latest Stats
  • HK Real GDP (NSA, L)
    2020 Q3
    673,627.00m
  • HK Real GDP (NSA, YoY, R)
    2020 Q3
    -3.50%
Source
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Save HK Quarterly Real GDP Component (YoY)

Hong Kong economy slowed down in 2019 due to US-China trade war, internal political uncertainties and global economic slowdown.

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Latest Stats
  • Real GDP
    2020 Q3
    -3.50%
  • Private Consumption
    2020 Q3
    -8.20%
  • Government Consumption
    2020 Q3
    7.00%
  • Gross Fixed Capital Formation
    2020 Q3
    -11.10%
  • Exports of Goods
    2020 Q3
    3.90%
  • Exports of Services
    2020 Q3
    -34.60%
  • Imports of Goods
    2020 Q3
    1.80%
  • Imports of Services
    2020 Q3
    -36.80%
Source
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Save HK Real GDP Component (YoY)

Hong Kong economy slowed down in 2019 due to US-China trade war, internal political uncertainties and global economic slowdown.

*Data on trade releases later

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Latest Stats
  • Real GDP (NSA, YoY)
    2020 Q3
    -3.50%
  • Private Consumption (NSA, YoY)
    2020 Q3
    -8.20%
  • Government Consumption (NSA, YoY)
    2020 Q3
    7.00%
  • Gross Fixed Capital Formation (NSA, YoY)
    2020 Q3
    -11.10%
  • Total Exports (NSA, YoY)
    2020 Q3
    -1.79%
  • Total Imports (NSA, YoY)
    2020 Q3
    -3.02%
Source
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Save HK Real GDP by Major Economic Activity

All manufactures in Hong Kong have shifted to China, therefore the economic structure is services-oriented. Trade, financial services, real estate and tourism are the main economic activities in Hong Kong.

Economic activities of GDP:
1. Construction: 5%
2. Foreign trade: 17%
3. Retail and wholesale trade: 4%
4. Accommodation and food services: 3%
5. Transportation and storage: 6%
6. Financing and insurance: 18%
7. Real estate: 5%
8. Professional and business services: 5%
9. Public administration, social and personal services: 17%
10. Ownership of premises: 10%

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Latest Stats
  • Construction
    2020 Q3
    -10.65%
  • Foreign Trade
    2020 Q3
    -3.02%
  • Wholesale and Retail Trade
    2020 Q3
    -39.27%
  • Accommodation and Food Services
    2020 Q3
    -45.33%
  • Transportation and Storage
    2020 Q3
    -45.02%
  • Financing and Insurance
    2020 Q3
    5.41%
  • Real Estate
    2020 Q3
    -0.70%
  • Professional and Business Services
    2020 Q3
    -6.56%
  • Public Administration, Social & Personal Services
    2020 Q3
    -1.09%
  • Ownership of Premises
    2020 Q3
    -0.33%
Source
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