Категории: Все - market - politics - economy - communism

по Edward Zhou 13 лет назад

513

China's Economic Growth

China's rapid economic expansion has made it the fourth largest economy globally, surpassing the UK in 2005. Key to this growth is its significant output in hydroelectric power, notably from the Three Gorges Dam, and its reliance on coal for electricity.

China's Economic Growth

China's Economic Growth

Economy

GDP exponential growth: 67.9 billion in 1952 18292.1 billions in 2005
Urban per capita income :£600 in 2001
overtook UK in 2005
4th largest in the world

Labour

fewer strikes
few trade unions
95% cheaper than USA
Massive Population - 1.3 billion
High demand for jobs
Cheap wages

Massive Market

makes 60% of the world bicycles
1979 - increase of consumable income demand for electrical household goods, air conditioners, cars and computers.

Three Gorges Dam

generates 22,500 MW
China produces more HEP than anyone in the world.
generates two thirds of its electricity in coal stations

Politics

Good connections with ports all over the world
hosted the 2008 Beijing Olympics
encourages further foreign investment
controlled foreign investments so that China could get the best benefit

Communism

Started in China by Chairman Mao Zendong
late 1940s
Goal :to manage the economy democratically
No private property
Common ownership
everyone has a right to own any tool used to produce goods
Socialist way of thinking that there should not be any social classes or states

Deng XiaoPing

set up many SEZs (Special Economic Zones).
Attracts foreign investments
set in 4 places at first

Hainan

Fujian

Shanghai

Guangdong

free from tax
1944-80
wanted to end China's confinement and want China's industry to grow
came up with an idea
you eat everything that you produce any surplus you can sell.
came into power after Mao died