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China Economy: Presented by Sumit Bhatnagar Subham Shshank Pradeep Komal

China has the world's second largest economy and has experienced tremendous growth over the past 30 years averaging 10% annually. It has a population of over 1.3 billion people and is the third largest country by area. China's economy is focused on industry and manufacturing and it is the largest exporter and second largest importer in the world, with top trading partners being the US, Japan, and Hong Kong. Despite its size, China's GDP per capita is still developing, ranked around 97th globally.

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Akshay Yadav
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70 views10 pages

China Economy: Presented by Sumit Bhatnagar Subham Shshank Pradeep Komal

China has the world's second largest economy and has experienced tremendous growth over the past 30 years averaging 10% annually. It has a population of over 1.3 billion people and is the third largest country by area. China's economy is focused on industry and manufacturing and it is the largest exporter and second largest importer in the world, with top trading partners being the US, Japan, and Hong Kong. Despite its size, China's GDP per capita is still developing, ranked around 97th globally.

Uploaded by

Akshay Yadav
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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China Economy

Presented by
Sumit Bhatnagar
Subham
Shshank
Pradeep Komal
• China, (People's Republic of China), is situated
in eastern Asia. It is bounded by the Pacific
Ocean in the east and has an area of 9.6
million square kilometers. It is the third largest
country in the world, next to Canada and
Russia.
• China is the world's fastest-growing major
economy, with average growth rates of 10%
for the past 30 years. The country's
per capita income was at $6,567 (IMF, 98th)
in 2009. China is also the second largest
trading nation in the world and the largest
exporter and second largest importer of
goods.
• Rank 2nd (nominal) / 2nd (PPP)
• Currency Renminbi (RMB); Unit: Yuan (CNY)
Fixed exchange rates USD = 6.7872996 RMB
(September 06, 2010)
• Fiscal year - Calendar year 01 January to 31
December
• Trade organizations - WTO, APEC, G-20 and
others
• GDP $4.99 trillion (nominal: 3rd; 2009)
$9.05 trillion (PPP: 2nd; 2009)
• GDP growth 9.1% (major economies: 1st;
2009)
• GDP per capita $3,735 (nominal: 97th;2009)
$6,778 (PPP: 98th; 2009)
• GDP by sector industry (46.8%), services
(42.6%), agriculture (10.6%) (2009)
Main industries
• mining and ore processing, iron, steel, aluminium,
and other metals, coal; machine building;
armaments; textiles and apparel; petroleum;
cement; chemicals; fertilizers; consumer products,
including footwear, toys, and electronics; food
processing; transportation equipment, including
automobiles, rail cars and locomotives, ships, and
aircraft; telecommunications equipment,
commercial space launch vehicles, satellites
Exports $1.2 trillion (1st; 2009)
• Export goods
electrical and other machinery, including data
processing equipment, apparel, textiles, iron
and steel, optical and medical equipment
• Main export partners
US 20.0%, Hong Kong 12.0%, Japan 8.3%,
South Korea 4.6%, Germany 4.3% (2009)
Imports $1.01 trillion (2nd; 2009)
• Import goods
electrical and other machinery, oil and mineral
fuels, optical and medical equipment, metal
ores, plastics, organic chemicals
• Main import partners
Japan 12.3%,Hong Kong 10.1%, South Korea
9.0%, US 7.7%, Taiwan 6.8%, Germany 5.6%
(2009)
• FDI stock $100 billion (2010)
• Gross external debt $347.1 billion (22nd;
2009)
• http://www.scribd.com/doc/13980621/PPT-
on-Chinese-Economy-in-ecomonies

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