The People's Republic of China (PRC) is the world's second largest economy by nominal GDP and by purchasing power parity after the United States.fastest-growing major economy, with growth rates averaging 10% over the past 30 years. China is also the largest exporter and second largest importer of goods in the world.
On a per capita income basis, China ranked 87th by nominal GDP and 92nd by GDP (PPP) in 2012, according to the International Monetary Fund (IMF). The provinces in the coastal regions of China tend to be more industrialized, while regions in the hinterland are less developed. As China's economic importance has grown, so has attention to the structure and health of the economy.
As the Chinese economy is internationalized, so does the standardized economic forecast officially launched in China by Purchasing Managers Index in 2005. Most economic growth of China is created from Special Economic Zones of the People's Republic of China. For details on the development progress of PRC's infrastructure.
Rank of China from the poorest measured by national average per capita income using Atlas method as on 2003 is 71st with $ 1,100. Rank of India on the same year is 41st with $ 530.
In other measurement the rank is ( in IMF -2007, WB 2007 and CIA 2008) from the richest of People's Republic of China Case I and Republic of China (Taiwan) case II
Case I -
IMF.........................................WB....................................CIA
rank/measure.....................rank/measure.......................rank/measure
107/2,483.........................99/2,485.............................109/2,459
Case II
37/16,697........................NA...................................40/16,768
