Nation’s net wealth totalled US$63.34 trillion in 2016

Nation’s net wealth totalled US$63.34 trillion in 2016

Asia Times - Business·2018-12-27 08:16

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China has made major breakthroughs in both the scale of social net wealth and GDP, both of which are important indicators for measuring  overall national strength, The Paper reported.

By the end of 2016, China’s social net wealth totalled 437 trillion yuan (US$63.34 trillion), of which domestic non-financial assets were 424 trillion yuan and external net assets were 13 trillion yuan, according to a report published by Institute of Economics at the Chinese Academy of Social Sciences.

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