Beijing: Ranking second in the world, China's gross domestic product (GDP) accounted for 9.5 per cent of the world's total in 2010, but its per capita gross national income (GNI) is going behind 124 countries.

Overtaking Japan as the world's second largest economy, China's GDP registered the second position in the world in 2010, up from the fifth in 2005, the National Bureau of Statistics (NBS) said.

The NBS also said that China's 2010 GDP was equal to 40.2 per cent of the figure of the United States, which is up from 2005's 17.9 per cent.

 China's per capita gross national income (GNI) reached USD 3,650 in 2009, lower than 124 other countries.

In 2005, 127 countries had higher per capita GNI than China. However, China's per capita GNI share of the world average jumped from 24.8 per cent in 2005 to 41.8 per cent in 2009, said the World Bank report.

In the meantime, China's overseas direct investment (ODI) in 2010 touched USD 59 billion, an increase of 380 per cent from 2005, the NBS said, according to state run Xinhua news agency.

 

(Agencies)