GDP is not too meaningful.

来源: pieq314 于 2012-11-26 09:13:02 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读： 0 次 (328 bytes)
本文内容已被 [ pieq314 ] 在 2012-11-26 09:54:56 编辑过。如有问题，请报告版主或论坛管理删除.
回答: China GDP vs. US GDP 由 quantnj 于 2012-11-26 08:55:27

What is relevent to the people is the part of GDP generated by comsumption.  As I recall, about 80% in US is from comsumption, and 38% for China.

In other words, the DGP per capita in China need to be about twice as much as that in US for the people to enjoy the same benefit (adjusted for purchasing power).

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