Country Analysis report on
Subject: International Business (IB)
Devang M Dhedhi. (Enrollment No: 117040592010)
Mr. Amit Shah
BHAGWAN MAHAVIR COLLEGE OF MANAGEMENT, SURAT
Affiliated to Gujarat Technological University, Ahmedabad
SR. NO| CONTENT| PAGE NO.|
1| COUNTRY PROFILE| 1|
2| HISTORICAL BACKGROUND| 4|
3| GEOGRAPHY| 6|
4| SOCIETY| 11|
5| GOVERNMENT AND POLITICS| 18|
6| ECONOMY| 25|
7| INTERNATIONAL RELATIONS| 38|
8| TRANSPORTATION AND TELECOMMUNICATION| 41|
9| SUMMARY| 49|
Formal Name: People’s Republic of China
(Zhonghua Renmin Gonghe Guo —中华人民共和国).
Short Form: China (Zhongguo —中国).
Term for Citizen(s): Chinese (singular and plural) (Huaren — 华人). Capital: Beijing (Northern Capital — 北京).
Area: 9,956,960 sq km (3.7m sq miles)
Population: 1.3 bn
People: Han Chinese make up around 92% of the population. The remaining 8% is comprised of five minority ethnic groups. Official Language: Mandarin (Putonghua) with many local dialects. Religion(s): China is officially atheistic, but there are five State-Registered religions: Daoism, Buddhism, Islam, Catholic and Protestant Christianity. Currency: Yuan or Renminbi (RMB)
Major political parties: Chinese Communist Party
Government: There are major hierarchies in China: the Chinese Communist Party (CCP), the National People's Congress (China's legislature), the government and the military. The supreme decision-making body in China is the CCP Politburo and its 9-member Standing Committee, which acts as a kind of 'inner cabinet', and is headed by the General Secretary of the Chinese Communist Party. The National People's Congress (NPC) is China's legislative body. It has a 5-year membership and meets once a year in plenary session. However, in practice it is the CCP who takes all key decisions. Head of State and General Secretary of the CCP: President Hu Jintao Chairman of the Standing Committee of the NPC: Wu Bangguo
Premier of the State Council: Wen Jiabao
State Councillor (Foreign Affairs): Dai Bingguo
Foreign Minister: Yang Jiechi
Membership of international groups/organisations: United Nations (including permanent membership of the UN Security Council), ASEAN Regional Forum (ARF); Asia-Pacific Economic Cooperation Forum (APEC); Asian Development Bank (ADB); Shanghai Cooperation Organisation; World Trade Organisation (WTO). Major Cities:
Based on 2000 census data, the largest cities are the four centrally administered municipalities, which include dense urban areas, suburbs, and large rural areas: Chongqing (30.5 million), Shanghai (16.4 million), Beijing (13.5 million), and Tianjin (9.8 million). Other major cities are Wuhan (5.1 million), Shenyang (4.8 million), Guangzhou (3.8 million), Chengdu (3.2 million), Xi’an (3.1 million), and Changchun (3 million). China has 12 other cities with populations of between 2 million and 2.9 million and 20 or more other cities with populations of more than 1 million persons. Independence:
The outbreak of revolution on October 10, 1911, signaled the collapse of the Qing Dynasty (1644–1911), which was formally replaced by the government of the Republic of China on February 12, 1912. The People’s Republic of China was officially established on October 1, 1949, replacing the Republic of China government on mainland China. Public Holidays:
The official national holidays are New Year’s Day (January 1); Spring Festival or Lunar New Year (movable dates—three days—in January and February), Labor Day (May 1), and National Day (two-day observance on October 1–2). Also commemorated are International Women’s Day (March 8), Youth Day (May 4), Children’s Day (June 1), Chinese Communist Party Founding Day (July 1), Army Day (August 1), and Teachers’ Day (September 10).
The flag of China is red with a large yellow five-pointed star and...