Search results
Results from the WOW.Com Content Network
A 50 MW molten-salt power tower in Hami, Xinjiang, China. The industrial sector comprised 38.3% of the gross domestic product (GDP) of China in 2023. [1] China is the world's leading manufacturer of chemical fertilizers, cement and steel. Prior to 1978, most output was produced by state-owned enterprises.
China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
Fuerdai (Chinese: 富二代; pinyin: Fù'èrdài; lit. 'rich second generation'; [fû.âɚtâɪ]) is a Chinese term for the children of the nouveau riche in China. [1] [2] [3] This term, generally considered pejorative, is often invoked in the Chinese media and everyday discussions in mainland China as it incorporates some of the social and moral problems associated with modern Chinese society.
The estimate for total economic activity, or GDP, in 2023 for the world's second largest economy was increased by about 2.7% to 129.4 trillion yuan ($17.7 trillion), based on an economic census ...
China’s economy is in bad shape. ... Analysts at Barclays said a 10 trillion-yuan fiscal package spread over two years would have a major effect on the economy, adding one full percentage point ...
The reforms of 1978 changed TVEs, which became the most vibrant part of the Chinese economy as they experienced significant expansion in the 1980s and early 1990s. [ citation needed ] However, from 1989 to 1991, these enterprises faced challenges due to the blending of government administration with enterprise operations, marking a period of ...
Chinese inflation 1987 - 2022. The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in ...
Internal strife, political turmoil and foreign exploitation of China resulted the share of the country's GDP to fall to 5 percent in the 1950s to accounting for one-sixth of the global economy as of 2016 with the Chinese renminbi playing a major role in establishing the modern Chinese economy on a domestic and global scale. [28] [47]