2. 1894, according to the MPS algorithm of Soviet-style gross industrial and agricultural output value, China was almost the same as Britain (excluding the British-Indian Empire), and if India was included, it was about 70% of Britain's. About twice that of France and nine times that of Japan.
However, according to European and American GDP, China's GDP is only 6% of that of Britain. 10% in France. Japan's 120%.
3.77 Event GDP accounting method: The total industrial output value of Japan is about 5.8 billion US dollars, and that of China is 360 million US dollars. The proportion of heavy industry in the industry is 6 1% in Japan and 1 1% in China. Calculated by MPS algorithm, the agricultural output value of China is about three times that of Japan, while the industrial output value is half that of Japan. However, according to GDP, the agricultural output value of China is about 4 1% of that of Japan, while the industrial output value is 16% of Japan. The reason is that the GDP algorithm calculates the actual national strength more scientifically and eliminates all kinds of repeated calculation and self-consumption.
History shows that the GDP of the heyday of the Qing Dynasty was 30% of the world's. According to the information I read before, China's GDP is 1820, ranking first in the world. 1820, China's gross domestic product (GDP) accounted for 28.7% of the world's GDP, far higher than that of Britain's 5.2% and Japan's 3. 1%.
1840 during the opium war, China's GDP accounted for 22% of the world. Although it has fallen to the eighth place in the world, it is far higher than the British Empire.