China is the 28 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in China averaged 29.08 from 2007 until 2019, reaching an all time high of 34 in 2008 and a record low of 26 in 2012. This page provides the latest reported value for - China Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Competitiveness Rank - values, historical data and charts - was last updated on February of 2021.

Competitiveness Rank in China is expected to reach 28.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Competitiveness Rank is projected to trend around 28.00 in 2021, according to our econometric models.

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China Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
28.00 28.00 34.00 26.00 2007 - 2019 Yearly

China Business Last Previous Highest Lowest Unit
Business Confidence 51.30 51.90 59.20 35.70 points [+]
Services PMI 52.00 56.30 58.40 26.50 points [+]
Non Manufacturing PMI 52.40 55.70 62.20 29.60 percent [+]
Manufacturing PMI 51.50 53.00 54.90 40.30 points [+]
Industrial Production 7.30 7.00 29.40 -21.10 percent [+]
Industrial Production Mom 1.10 1.03 30.11 -24.01 percent [+]
Manufacturing Production 7.70 7.70 11.40 -15.70 percent [+]
New Orders 52.30 53.60 65.10 29.30 points [+]
Changes in Inventories 6609.00 15873.10 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 2500000.00 2830000.00 3060271.00 88416.00 [+]
Car Production 1909699.00 2331000.00 2669100.00 195000.00 Units [+]
Car Registrations 2044769.00 2375000.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 91252.00 87660.00 94845.00 4918.00 Thousand Tonnes [+]
Mining Production 4.90 2.00 8.10 -6.50 percent [+]
Capacity Utilization 78.00 76.70 78.00 67.30 percent [+]
Competitiveness Index 73.90 72.61 73.90 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite PMI 52.20 55.80 57.50 27.50 points [+]
Cement Production 21333.00 24330.35 24868.68 781.50 Ten Thousands of Tonnes [+]
Corruption Index 42.00 41.00 42.00 21.60 Points [+]
Corruption Rank 78.00 80.00 100.00 40.00 [+]
Corporate Profits 6451610.00 5744500.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 31.00 46.00 99.00 31.00 [+]
Electricity Production 727720.00 641870.00 727720.00 41760.00 Gigawatt-hour [+]


China Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.