Picado

Do you think China will become the largest economy in the

world?
Over the years since 1978 when industrial production was overseen
by the communist state, we have seen that the economy of this
country has grown greatly. today unless the government controls the
industry and now as much a free market economy, in fact several
years China's economy has grown greatly in comparison with other
economies on the planet, or I think if that could be China economy
could be the biggest in the world.
Nohelia
Have you visited, or would you like to visit, China for a holiday?
Yes I would like but for now I cannot because my work does not let
me, but I hope later to give me a ride across the country, I also like
to learn their language to avoid problems communication, but I think
would bring me problems to learn this language because it is
inconvenient I may tie a knot in my tongue.
Picado
Would you like to live and work in China for a year or more?
If I had a chance I would like to live and work in China, but first would
have trouble with the language and then I feel it is very difficult to
learn.
But maybe with a little effort could learn the Chinese language, the
problem is that I'm afraid that I can lock my tongue in my mouth.
Finally, if like me if I had to do many things to better understand that
culture.
Nohelia
What impact do you think Chinas industrialization will have on
the environment?
tant well I think that's a lot of industrialization and pollution may
cause a irreparable damage to the environment if no corrective
measures are taken in time, I guess the government should have
taken steps to anticipate this problem that can occur from However
they are very careful and I do not want to cause a global
catastrophe.

Since 1978 hundreds of millions have been lifted out of poverty - yet hundred of millions of rural
population as well as millions of migrant workers remain unattended: According to China's official
statistics, the poverty rate fell from 53% in 1981[15] to 2.5% in 2005. However, in 2009, as many as
150 million Chinese were living on less than $1.25 a day [16] The infant mortality rate fell by 39.5%
between 1990 and 2005,[17] and maternal mortality by 41.1%.[18] Access to telephones during the
period rose more than 94-fold, to 57.1%.[19] as did in many developing countries such as Peru or
Nigeria.
In the 1949 revolution, China's economic system was officially made into a communist system. Since
the wide-ranging reforms of the 1980s and afterwards, many scholars assert that China can be
defined as one of the leading examples of state capitalism today.[20][21]
China's foreign trade has grown faster than its GDP for the past 25 years. [22] China's
growth comes both from huge state investment in infrastructure and heavy industry
and from private sector expansion in light industry instead of just exports, whose role in
the economy appears to have been significantly overestimated. [23]

Following the Chinese Communist Party's Third Plenum, held in October 2003, Chinese legislators
unveiled several proposed amendments to the state constitution. One of the most significant was a
proposal to provide protection for private property rights. Legislators also indicated there would be a
new emphasis on certain aspects of overall government economic policy, including efforts to reduce
unemployment (now in the 810% range in urban areas), to rebalance income distribution between
urban and rural regions, and to maintain economic growth while protecting the environment and
improving social equity. The National People's Congress approved the amendments when it met in
March 2004.[40]
China's economy grew at an average rate of 10% per year during the period 19902004, the highest
growth rate in the world. China's GDP grew 10.0% in 2003, 10.1%, in 2004, and even faster 10.4% in
2005 despite attempts by the government to cool the economy. China's total trade in 2010 surpassed
$2.97 trillion, making China the world's second-largest trading nation after the U.S. Such high
growth is necessary if China is to generate the 15 million jobs needed annuallyroughly the size of
Ecuador or Cambodiato employ new entrants into the national job market.
By 2010 it was evident to outside observers such as The New York Times that China was poised to
move from export dependency to development of an internal market. Wages were rapidly rising in all
areas of the country and Chinese leaders were calling for an increased standard of living.[45]
Wikinews has related news: China's economy surpasses Japan's in second quarter
In 2010, China's GDP was valued at $5.87 trillion, surpassed Japan's $5.47 trillion, and became the
world's second largest economy after the U.S.[46] China could become the world's largest economy
(by nominal GDP) sometime as early as 2020.[47]
China is the largest creditor nation in the world[citation needed] and owns approximately 20.8% of all
foreign-owned US Treasury securities.[48]
It has also appeared that Noopolitik and the knowledge economy had become salient interests of the
PRC's economic policy across the 2000s, through which the country made clear its move from "Made
in China" to "Innovated in China" as notes Adam Segal.[49] Idriss Aberkane thus argued "With Chinas
cosmopolitan and highly educated diaspora, it is no surprise that as of 2010, five of the top twenty
most visited websites in the world are indexed in Mandarin. They include PRC-born behemoths such

as Baidu.com, Taobao.com, and Sina.com.cn, and video sharing Tudou.com, which has gained users
in both North America and Europe." [50]

Qingdao skyscrapers

Shenzhan landmark3

Shanghai

GDP distribution in mainland China

Daye-

pond-system-fishermen

Energy
Electricity:
production: 2.8344 trillion kWh (2006)
consumption: 2.8248 trillion kWh (2006)
exports: 11.19 billion kWh (2005)
imports: 5.011 billion kWh (2005)

Electricity production by source:

thermal: 77.8% (68.7% from coal) (2006)
hydro: 20.7% (2006)
other: 0.4% (2006)
nuclear: 1.1% (2006)

Oil:
production: 3,631,000 bbl/d (577,300 m3/d) (2005)

 consumption: 6,534,000 bbl/d (1,038,800 m3/d) (2005) and expected 9,300,000 bbl/d (1,480,000 m3/d) in

2030
exports: 443,300 bbl/d (70,480 m3/d) (2005)
imports: 3,181,000 bbl/d (505,700 m3/d) (2005)
net imports: 2,740,000 barrels per day (436,000 m3/d) (2005)
proved reserves: 16.3 Gbbl (2.59109 m3) (1 January 2006)

Natural gas:
production: 47.88 km3 (2005 est.)
consumption: 44.93 km3 (2005 est.)
exports: 2.944 km3 (2005)
imports: 0 m3 (2005)
proved reserves: 1,448k m3 (1 January 2006 est.)

A window washer on one of skyscrapers in Shanghai

With bilateral trade exceeding US$38.6 billion, China is India's largest trading partner.[141] Shown
here is a Chinese container ship unloading its cargo at Jawaharlal Nehru Port, Navi Mumbai, India.

1.

Shenzhen-China-Economic-Test-City

Dragon