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According to the latest statistics released by the World Bank in 2024, among the Asian countries in 2020, China ranked first in terms of gross domestic product(GDP), with a total economic volume of $14724.5 billion; Japan ranked second in terms of GDP, with a total economic volume of $5040.11 billion; India ranked third in terms of GDP, with a total economic volume of $2667.69 billion; South Korea ranked fourth in terms of GDP, with a total economy of $1637.9 billion; and Indonesia, with a total economy of $1058.69 billion, ranked fifth in GDP.