Gobalizacion

CHINA

INDEX:

- China: Size and Population

- China: Economic Development

- China: An Incredible Growth

- China: Structure Of The Economy

- China: Imports and Exports

- China: Economic Reforms

- China: Agriculture and Industry

- China: Financial System

China: Size and Population

The population of China is more than one billion people, the largest national group in the world. Two-thirds of the Chinese people are farmers, but only 4% of China’s land can be cultivated.

1,284,303,705 Population 280,562,489 Populations

(In an effort to balance the relationship between land and people, China adopted a “one-couple, one-child” policy in the 1980’s.

China: Economic Development

After the death of Mao Zedong in 1976, China adopted a plan of modernization, The Four Modernizations. Under the new leadership of Deng Xiaoping, China wanted to improve agricultural production, update and expand industry, modernize its army, and import foreign science and technology.

Since 20 years the Chinese economy has a very important role in the international scene, and also continues to be subject of contrasting reviews. The surface of China is 9,671,018 km2; making it the largest state in East Asia and the population is approximately 20% of the world: China is the most populous country in the world. The importance of China in the XXI century is reflected in its role as second largest economy to GDP after United States.

- China is also member of the many important institutions:

• United Nations, who has as one of his goals the achievement of international cooperation in economic development.

• WTO, which aim to oversee a number of trade agreements between member states, they representing approximately 97% of world trade in goods and services.

• APEC (Asia-Pacific Economic Cooperation): This aims to foster cooperation, economic growth, free trade and investment in the Asia-Pacific.

• ASEAN(Association of South-East Asian Nations):which the main purpose is to promote cooperation and mutual assistance between member states to accelerate economic progress and increased stability in the region of South-East Asia

• G20: that enclosing the most industrialized countries to encourage international economic development by promoting new strategies and sustainable development.

China: An Incredible Growth

Over the last 20 years China has got an extremely high savings rate, averaging around 40 %, Chinese economy has enjoyed one of the highest growth rates in the world. At the beginning of the nineties there was an incredible increase in GDP, from 4% in 1990 to 12.7% in 1994.

In the ranking of GDP, in 2007 China surpassed Germany and in 2010 Japan.

In 2010, China is expected to score a gross domestic product amounted to 5000 billion dollars, while the U.S. is at an altitude of 15 thousand. In the last years the country has been able to rapidly build up its capital stock and shift a massive pool of underutilized labor from the subsistence-agriculture sector into higher-productivity activities that use capital.

Nowadays the ratio of China's GDP is 8.1%

China: Structure Of The Economy

During the past 25 years China's economic structure has changed, although the industrial sector is the largest contributor to GDP (48.6%), followed by services sector (40.1%)

China: Imports and Exports

The vast majority of China's imports consists of industrial supplies and capital goods, notably machinery and high-technology equipment, the majority of which comes from the developed countries,

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