Changes in the GDP Rankings
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This chapter introduces the history of and changes in the GDP rankings using different methods, including the PPP method, the exchange rate method, the material output method, the per capita GDP method, and the per capita consumption method. In addition, the chapter introduces GDP rankings after adjustment of the proportion of the service industry, and GDP rankings based on agricultural and industrial outputs. The authors show that different conclusions can be drawn from different perspectives regarding whether or not China’s economic size has exceeded that of the United States.