中国银行间市场交易商协会：中国债券市场改革发展报告（2026年）（英文版）

China has been one of the fastest growing major economies globally in the past two decades, and hasmade important contributions to global growth. China's gross domestic product (GDP) in 2025 is USD19.6 trillion, making it the world's second largest economy, accounting for 16.8% of the globaleconomy. Since the end of the COVID-19, China's average annual contribution to global economicgrowth has stood at 30%. In recent years, the pace of China's economic transformation has gradu