In 2016, total value added for China was 64,213,761 million LCU. Between 1997 and 2016, total value added of China grew substantially from 12,213,190 million to 64,213,761 million LCU rising at an increasing annual rate that reached a maximum of 14.25 % in 2007 and then decreased to 6.47 % in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.