Recovering from the contraction caused by the novel coronavirus disease (COVID-19) epidemic, China's economy saw a better-than-expected performance in 2020. The GDP expanded 2.3 percent year on year to 101.59 trillion yuan ($15.6 trillion), exceeding the 100-trillion-yuan ($15.42 trillion) mark for the first time. The per-capita GDP exceeded $10,000 for two consecutive years, narrowing the gap with high-income countries, data from the National Bureau of Statistics (NBS) showed.