China and Singapore are both important economies in Asia, and both countries have made remarkable achievements in economic development. This paper will compare the economic strength of the two countries from many aspects.

gross domestic product

gross domestic product (GDP) is one of the important indicators to measure a country's economic strength. According to the International Monetary Fund (IMF), China's GDP reached $14.3 trillion in 219, while Singapore's GDP was $3.29 trillion. From this perspective, China's economy is much larger than that of Singapore.

GDP per capita

In addition to the total amount, GDP per capita is also an important indicator to measure a country's economic strength. According to the World Bank, China's per capita GDP was US$ 1,262 in 219, while Singapore's per capita GDP was US$ 65,233. From this perspective, the per capita economic level of Singapore is much higher than that of China.

Trade volume

Trade volume is also one of the important indicators to measure a country's economic strength. According to the data of China General Administration of Customs, the total import and export volume of China in 219 was 4.62 trillion US dollars, while the trade volume of Singapore was 9.8 trillion US dollars. From this perspective, the scale of international trade in Singapore is much larger than that in China.

foreign exchange reserves

foreign exchange reserves are one of the important indicators to measure a country's economic strength. According to the People's Bank of China, China's foreign exchange reserves in 219 were 3.1 trillion US dollars, while Singapore's foreign exchange reserves were 3.4 trillion US dollars. From this perspective, the foreign exchange reserves of the two countries are similar.

economic growth rate

economic growth rate is one of the important indicators to measure a country's economic strength. According to the International Monetary Fund, the economic growth rate of China in 219 was 6.1%, while that of Singapore was .7%. From this perspective, China's economic growth rate is much faster than that of Singapore.