China, the world's second largest economy by purchasing power parity, contributed over 10% to the global economic output in 2007 and 2008 and is thus a key part of any recovery of the global economy.

The economy in China is starting to revitalize again. In the first quarter of 2009 the estimated annualized rate of GDP rose about 6%, after nearly stalling in the fourth quarter of 2008. In March the economical situation was getting better. The industrial production increased from 3.8% to 8.3% in average in the previous two months. Retail sales were 16% higher than a year ago and fixed investment has increased by 30%.