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China Facts And Figures

Facts About China

Information TypeChina Data
Population1,367,485,388 (July 2015 est.)
Gross Domestic Product (GDP)$19.39 trillion (2015)
GDP Per Capita$14,100 (2015)
Inflation Rate1.4% (2015)
CurrencyChinese Yuan (CNY); officially known as Renminbi (RMB)
Exchange Rate Versus U.S. Dollar6.65 yuan = 1 U.S. dollar (June 2016)
LanguageStandard Chinese or Mandarin; various dialects
Population of Capital City20,384,000 (2015)
Time ZoneGMT plus 8
SeasonsMost of mainland lies in Temperate zone:four seasons. Diverse climate range from subarctic in mountains to tropical in south to desert
International Dialing Code86
Electricity220V / 50 Hz; Plug Type: A(U.S. style), I , G
GovernmentCommunist State
Name and Party Affiliation
of Current Leader
Xi Jinping (Since March 2013) (Communist Party)
Income Tax Rate for Residents5 – 45%
Property Tax$0.09 to $3.89 per square meter
Capital Gains Tax20 – 60%
Inheritance Tax0%
Rental Income Tax7.5-10.5% (for non-residents)
Transfer Tax0.1%
Sales Tax17%
Restrictions on Foreign
Ownership of Property
Residential property purchases must be for personal use or habitation; large foreign property investments over US$10 million must hold capital of 50% of total investment
Local Chamber of Commerce
No. 1 Fuxingmenwai Street Beijing 100860
Tel. 86-10-8807-5716
American Chamber of Commerce

The Office Park, Tower AB, 6th Floor
No. 10 Jintongxi Road,
Chaoyang District, Beijing, 100020 PRC
Tel. (8610) 8519-0800

Primary ExportsMachinery, electrical products, data processing equipment, apparel, textile, steel, mobile phones
Residency and Visa RequirementsTourist Visa: $130 for American citizens, $30 for other countries; 30 days duration

Residency: Teaching and work visas; permanent residency established for various individuals, including those who make a positive contribution to China, financially or culturally.

Citizenship: renouncement of foreign citizenship, China as your registered place of permanent residence, and willingness to abide by China’s constitution and laws

Special Benefits for Foreign Residents or RetireesNone
National AirlineAirchina

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