The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
China Center Chart of the Week: Investment and exports diminish as growth drivers, but remain critical to sustaining economy’s size

China’s economy grew 9.3 percent in 2011, as measured by its Gross Domestic Product (GDP). Consumption, investment, and exports contributed 5.2, 4.5, and -0.4 percentage points, respectively, to aggregate growth. Such a simple decomposition of GDP measures the economic activity directly required to generate consumption, investment and exports. However, these direct contributions don’t capture the economic activities and values induced from all upstream suppliers which contributed indirectly to GDP. In other words, direct contributions to GDP measures the value added on one cup of Starbucks coffee once consumed, but do not measure all of the production induced from upstream suppliers for the cup of coffee, such as paper cup manufacturers or coffee bean farmers, etc. 

This members-only Chart shows that with its higher induced GDP relative to induced gross output, consumption is contributing significantly to GDP, but induces considerably less economic activity.  Please download the full document for more details.

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate

OTHER RELATED CONTENT

RESEARCH & INSIGHTS

Economy Watch: Economic Series Report September 2020

Economy Watch: Economic Series Report September 2020

September 16, 2020 | Economy Watch Reports

Job Satisfaction 2020

Job Satisfaction 2020

September 14, 2020 | Research Report

Gulf Economic Outlook 2020 - Q3 Update

Gulf Economic Outlook 2020 - Q3 Update

August 31, 2020 | Publication

WEBCASTS

COUNCILS

BLOGS

PRESS RELEASES & IN THE NEWS