6 China has experienced rapid growth over the past 30 years and is now the world’s second largest economy 1 . Much of this growth historically came from its industrial sector and production of commodities, in particular: coal, cement, and crude steel. 1. Data from the World Bank as of 12/31/2024, retrieved 3/31/2025. 2. Data from National Bureau of Statistics as of 12/31/2024, retrieved 3/31/2025. 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Billions Tons China Production By Major Industry 2 Coal Cement Crude Steel Crude Oil 0 2 4 6 8 10 12 14 1998 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Trillion USD China GDP 1