China's economy experienced a strong rebound in 2021, despite sporadic COVID-19 cases at home and external uncertainty. Its GDP expanded 8.1 percent year on year to 114.37 trillion yuan ($18 trillion) last year, well above the annual target of more than 6 percent,according to the National Bureau of Statistics (NBS)on January 17. Per-capita GDP reached around $12,500,exceeding the global average.