Country Presentation
China
4SA3-C02
Jing Yuan 400318423
Yiwei Zhang 400305792
Chenguang Wang 400180573
TABLE OF CONTENTS
Geographic Location
Demographics
Culture
Political Issues
Currency
Trade Barriers
Balance of Payment
Other Issues
01
Geographic
Location
China in the World
● East Asia
● Sharing borders with 14
countries (India, Russia, North
Korea, etc) and bordered by the
Pacific Ocean to the east
Regions of China
Commonly recognized as the graph shows in 6 regions.
Or just North China and South China in daily circumstances.
Climate Conditions
China experiences a diverse
range of climate conditions
due to its vast size and varied
topography. From Subarctic
Climate (North) to Desert
Climate (Northwest) to
Subtropical Climate
(South)/Tropical Climate
(Far South)
Natural Resources
Mineral & Energy Forestry
● Coal ● Timber
● Natural Gas (Bamboo)
● Hydropower ● Medical
plants
Agricultural Livestock & Animal
● Rice ● Fish
● Wheat ● Livestock
● Vegetable
& Fruits
China and its Neighbours
India South Korea
● Expanding economic ● Share strong economic
cooperation ties, with extensive trade
● Complex political and collaboration on
relations due to regional security
historical tensions and ● Political relationship
territorial disputes navigates historical
complexities
Russia Japan
● A strategic ● Economic
partnership, marked interdependence
by deepening ● Political tensions rooted
economic ties and in history and territorial
political alignment on disputes
global issues
Demographics
02
Population and Family Size Income
Median Age
As of 2024, China's The average household
population is estimated at size is 2.98 people. Average monthly salary
1,425,178,782. The median in China ranges from
age in China is 38.4 years 7,410 yuan (about 1,400
old. CAD) to 131,000 yuan
“Family planning” policy (about 24,716 CAD).
A steady increase in the implemented due to
average age of labor force overpopulation (1979-
from 37.1 in 2017 to 38.4 in 2015)
2022.
Income Distribution
Gini Coefficient Middle Class
46.7% 47.7% Growth
High level of income inequality
Increase from 3.1% of the
population in 2000 to 50.8% in
2020
Annual per capita
disposable income
79% of households
Increase from 21,966 yuan in
2015 to 39,218 yuan in 2023
Regional
Disparities
Shanghai and Beijing had
the highest average annual
incomes of 78,000 and
75,000 yuan respectively,
whereas Gansu had the
lowest average annual per
capita household income of
22,100 yuan
Employment
Job Creation and
Unemployment Rate
The average nationwide survey-based jobless rate
dropped to 5.2% in 2023 from 5.6% in 2022.
Industry and Job
Types Common industries include manufacturing,
technology, finance, healthcare, education,
and sales and marketing.
China has over 200 million skilled workers,
roughly 26% of the total labor force.
03
Cultural Issues
Religion
Body Language
Nod or slightly bow in Handshake (Common in Hug(Close relationship)
greeting business settings)
Education
Entering high school through
Kindergarten the High School Entrance Graduate Entrance
Examination examination
4-6 years old 15-18 years old Graduate Student
6-15 years old College Student
Primary School and Middle “Gaokao”----National College
School(Nine-year compulsory Entrance Examination
education)
Business Customs
Drinking Culture
A way to enhance relationships,
express respect, and build trust in each
other
It serves as a means to strengthen
bonds, with the toasting often leading
to discussions of partnerships or
negotiations during business dinners
04
Political Issues
Communist
Party of China
(CPC)
China is a socialist one-party state. On October
1, 1949, Chairman Mao announced the
establishment of the People's Republic of China
in Tiananmen Square in Beijing. The Communist
Party also became the dominant force at that
time
05
Currency
Chinese Yuan (CNY)
Current
Exchange Exchange
exchange
rate (2021) rate (2014)
rate
CNY ¥1 ¥1 ¥1
CAD $0.19 $0.19 $0.21
USD $0.14 $0.15 $0.16
100 yuan (highest denomination of Chinese
currency)
06
Trade Barriers
Tariff
China has been gradually
reducing tariffs in order to
uphold its obligation to the
World Trade Organisation
(WTO), and encourage trade
with other countries. From
32.2% in 1992 to 7.3% in 2023
Average applied tariff rate has
dropped, some industries still
have higher tariffs for
protectitionst reasons
Non-Tariff
China uses a range of
non-tariff trade restrictions.
These consist of regulatory
barriers, technical standards,
licencing requirements, and
quotas.
These non-tariff barriers can
be difficult for foreign
companies to navigate
World Trade Organization
(WTO) Membership
On December 11, 2001,
China joined the World Trade
Organization (WTO).
China continued to be the world's
largest exporter of goods in 2022,
while its percentage of global
exports fell to 14% (from 15% in
2021). Total Chinese exports
amounted to $3.71 trillion in 2022
and the largest exporter of goods in
the world since 2009
07 Balance of Payment
Top 5 Imports
1. Electrical machinery, equipment: $644.7
billion (23.7% of total imports)
2. Mineral fuels including oil: $535.3 billion
(19.7%)
3. Ores, slag, ash: $224.7 billion (8.3%)
4. Machinery including computers: $202.1
billion (7.4%)
5. Gems, precious metals: $103.7 billion
(3.8%)
Top 5 Exports
1. Electrical machinery, equipment: $954.8
billion (26.6% of total exports)
2. Machinery including computers: $552
billion (15.4%)
3. Vehicles: $150.2 billion (4.2%)
4. Plastics, plastic articles: $143.5 billion
(4%)
5. Furniture, bedding, lighting, sign,
prefabricated buildings: $110.3 billion
(3.6%)
Major Trading Partners
1. United States: $582.8 billion (16.2% of
China’s total exports)
2. Hong Kong: $297.5 billion (8.3%)
3. Japan: $172.9 billion (4.8%)
4. South Korea: $162.6 billion (4.5%)
5. Vietnam: $147 billion (4.1)
Canada is ranked 21, with over $53 billion
dollars worth of goods and services exported
to us from China in 2022
China and Canada - best
friends!?
China is Canada’s second most important
bilateral commercial partner (or third if we
count EU-27 as a whole)
The minister of foreign trade diversification set
a goal to increase international trade by 50% by
2025, and with China being the second biggest
economy and Canada’s second-most significant
bilateral trade partner. China has become a
crucial market for Canada
China and Canada - best
friends!?
08 Other Issues
Significant Historical Events
The collapse of the Wars
Qing Dynasty in 1912
Opium Wars, World War II, Chinese Civil War…
End to centuries of imperial rule
The Communist victory in 1949 led to the
triggered new political & economic
establishment of the People's Republic of China.
structures
Deng Xiaoping's
Reforms (late Belt and Road
1970s–1990s) Initiative (2013)
The beginning of China's rapid economic A massive infrastructure and economic
transformation development project aimed at enhancing
China's global influence
Infrastructure
High-Speed Rail
Network Three Gorges Dam
Corruption
Reasons of corruption:
● Political Patronage
● Lack of Transparency
Solutions:
● Anti-Corruption Campaigns
● Political Disciplinary
Actions
● Public Engagement &
Whistleblower Protection
FDI
Recommendation
References
● Castillo, L. (2023, December 16). China income distribution statistics. Gitnux.
https://gitnux.org/china-income-distribution-statistics/
● World Population Review. (2024). China population 2024 (Live). World Population Review.
https://worldpopulationreview.com/countries/china-population
● China Natural Resource. China Natural Resource: land, water, mineran, plant & animal. (n.d.).
https://www.topchinatravel.com/china-guide/china-natural-resource.htm
● China railway map. China Railway Maps, 2023 Train Map of High Speed Rail, PDF Download. (n.d.).
https://www.travelchinaguide.com/china-trains/railway-map.htm
● Encyclopædia Britannica, inc. (n.d.). Encyclopædia Britannica.
https://kids.britannica.com/students/assembly/view/137856
● Encyclopædia Britannica, inc. (n.d.). Manufacturing of China. Encyclopædia Britannica.
https://www.britannica.com/place/China/Manufacturing
● Wikimedia Foundation. (2023, October 19). List of regions of China. Wikipedia.
https://en.wikipedia.org/wiki/List_of_regions_of_China
● Wikimedia Foundation. (2024a, January 12). Corruption in China. Wikipedia.
https://en.wikipedia.org/wiki/Corruption_in_China
● Wikimedia Foundation. (2024b, January 14). Geography of China. Wikipedia.
https://en.wikipedia.org/wiki/Geography_of_China#Generalities
References
● Canada, G. A. (2021, February 17). Government of Canada. GAC.
https://www.international.gc.ca/trade-commerce/economist-economiste/analysis-analyse/china-ca
nada-2020-commerce-chine.aspx?lang=eng
● Workman, D. (2023b, March 29). Countries. China’s Top Imports 2022.
https://www.worldstopexports.com/chinas-top-10-imports/
● Workman, D. (n.d.). Countries. China’s Top Trading Partners 2022 & 2023.
https://www.worldstopexports.com/chinas-top-import-partners/
● Workman, D. (2023c, November 27). Countries. China’s Top Exports 2022 & 2023.
https://www.worldstopexports.com/chinas-top-10-exports/
Thank you for listening
Q&A