24Peaks / Asia / China / Internal Market Openness

China - Internal Market Openness 4.24

GEM NES · updated 2026-10-03 · 118 economies tracked

Latest value

4.24 (2024)

Global rank

##31 of 118 economies

Share of global total

1.7%

Growth since 2002

0.93×

Ranking Race — Internal Market Openness

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51200020052010201520202024#17#312019 overtook Luxembourg2024 overtook Chile
ChinaUnited Arab EmiratesLithuaniaSaudi ArabiaIndia

Real annual global ranks, 2000 - 2024. China climbed from #17 to #31 (overtook Luxembourg). Gaps in a lane = missing data that year.

Key events for China ↓

Key Events — China

Auto-detected from rank data + curated milestones

2001
WTO accession curated

Joins the World Trade Organization, accelerating trade integration.

2010
World's second-largest economy curated

GDP overtakes Japan to become the world's second-largest economy.

2015
Stock market turbulence curated

Sharp equity market swings and currency pressure test the economy.

2019
Overtook Luxembourg in global rank auto
2019
Climbed 16 places in global rank auto
2024
Overtook Chile in global rank auto

Internal Market Openness, 2002-2024

GEM NES · 0-10 expert rating · linear scale · ranking in the race above
2002200720122017202220243.934.475.015.55

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