Description
China's Gross National Income (GNI) is compiled and published by the National Bureau of Statistics (NBS) of China. GNI measures the total income of a country's residents and businesses, including income from abroad, and is often used to compare the economic performance of different countries. Higher GNI indicates a more prosperous economy, while lower GNI may indicate economic challenges.
GNI is calculated by adding gross domestic product (GDP) to net income from abroad (such as dividends, interest and remittances) and subtracting income paid to foreign residents. The formula is: GNI = GDP + net income from abroad.