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
CapitalBeijing
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 Commercehttp://english.ccpit.org/
No. 1 Fuxingmenwai Street Beijing 100860
Tel. 86-10-8807-5716
American Chamber of Commercehttp://www.amchamchina.org/

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
www.airchina.com.cn

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