China's economy is the first to exceed Japan

Source: Internet
Author: User
Keywords China's economic
The economy of the world's largest economies has changed yesterday, with China's economy outpacing Japan and becoming the world's second-largest economy.  However, domestic economists said that China's GDP per capita (gross domestic product) is still ranked in the world, domestic public opinion should play down this change, avoid international public opinion to hype "China's economic threat."  About 10 years ago, China was the world's seventh-largest economy, overtaking Germany as the world's third in 2007 and overtaking Japan this year. According to figures released yesterday by the Cabinet Office, Japan's real gross domestic product was $1.288 trillion trillion in dollar terms in the two quarter, up 0.1% in the chain, and 0.4% per cent at an annualised rate, weaker than expected. China has previously released economic data for the first half of this year, with two quarters of gross domestic product at $1.339 trillion trillion in dollar terms, and Japan's total economy lagging behind China's. According to the Beijing Morning News
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