China is one of the world’s major countries. It’s situated in central and East Asia. It’s known because of its rich population, a rising economic super power and its different style of management. China is a country with golden history. Especially, its Chinese Revolution brought a lot of progress in all its sectors. . World politics is becoming even more dynamic and different blocs are emerging in the world. These blocs are of multiple nature, among them are the countries, which are although included in developing countries, but they are trade winners. Their G.D.P rate is increasing continuously. So is the case with china. China is an emerging nation. Experts say that its GDP rate will cross the GDP rate of America until 2001. With more than 4000 years of history, China has the oldest civilization. In Ancient times, Xia Tribe, establish a state in the area of the Huang He River (Yellow River) basin. The tribesmen, believing that this was the center of the world, called this state the “Middle Kingdom” and regarded the surrounding areas as peripherals. Thus China has been known by this name even after the 1911 Revolution which abolished the feudal monarchy and gave birth to the Republic of China. Further again in 1949, after a long struggle, the Chinese communist party under the leadership of chairman Mao Zedong led the Chinese people of all nationalities to over throw the rule of imperialism, feudalism, and capitalism, gaining victory for the new democratic revolution and establishing the “People’s Republic of China”. From then Chinese people took control of their country’s fate and became its masters. For centuries China stood as a leading civilization, outpacing the rest of the world in the arts and sciences, but in the 19th and early 20th centuries, the country was beset by civil unrest, major famines, military defeats, and foreign occupation. After World War II, the Communists under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people. After 1978, MAO's successor DENG Xiaoping and other leaders focused on market-oriented economic development and by 2000 output had quadrupled.
Main Facts about China
Official Name | People’s Republic Of China|
Capital | Beijing |
Area | total: 9,596,961 sq kmland: 9,569,901 sq kmwater: 27,060 sq km| Population | 1,330,141,295 (July 2010 est.) |
Population growth rate| 0.494% (2010 est.)|
Birth Rate | 6.89 deaths/1,000 population (July 2010 est.) | Death Rate| 6.89 deaths/1,000 population (July 2010 est.)| Currency | Chinese Yuan |
Religion | Taoism; Confucianism; Buddhism; Christianity; Islam. | Literacy | total population: 90.9%male: 95.7%female: 87.6%| Source: www.cia.gov
China's economy during the past 30 years has changed from a centrally planned system that was largely closed to international trade to a more market-oriented economy that has a rapidly growing private sector and is a major player in the global economy. Reforms started in the late 1970s with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, the foundation of a diversified banking system, the development of stock markets, the rapid growth of the non-state sector, and the opening to foreign trade and investment. Now China is characterized as a potential superpower by a number of academics, military analysts, and public policy and economics analysts. It is now the world's third largest economy, after the United States and Japan. Below is the economic overview of China
GDP( Purchasing Power Parity | $8.789 trillion (2009 est.)| GDP- Real growth rate| 8.7% (2009 est.)|
GDP- Per Capita (PPP)| $6,600 (2009 est.)|
GDP- Composition By Sector| agriculture: 10.6%industry:...