Trade of China

Trade of China Trade has become an increasingly important part of China’s overall economy, and it has been a significant tool used for economic modernization. The direction of China’s foreign trade has undergone marked changes since the early 1950s. In 1950 some three-fourths of the total was accounted for by trade with noncommunist countries, but by 1954—one […]

Government and politics of China

China’s Political System  People’s Congress System The people’s congress system is China’s fundamental political system. The Constitution of the PRC provides that state power belongs to the people. The NPC and local people’s congresses at all levels are organs representing the people in exercising state power. The First NPC in 1954 marked the establishment of […]

Industry of China

Industry of China Since 1949 when the People’s Republic of China was established, and especially since 1978, China’s transformation from a traditional agricultural society to a modern industrial society has been greatly accelerated by a rapid industrial restructuring. China’s industrial structure developed according to the objective of industrialization, which aimed at the proportion of agriculture […]

Economy of China

Economy of China Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 850 million people have been lifted out of poverty. Today, China is an upper-middle-income country and the world’s second largest economy. However, its per capita income is still […]

China: Introduction

China Formal Name People’s Republic of China (Zhonghua Renmin Gonghe Guo — 中华人民共和国 Short form of Name China (Zhongguo — 中国 ). Capital Beijing (Northern Capital — 北京 ). NO of Provinces 665 Official Languages standard Chinese or Mandarin (Putonghua, which means standard speech, based on the Beijing dialect) Population 1.4 billion Currency Renminbi (yuan) […]
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