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The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).
The environment of China (Chinese: 中国的环境) comprises diverse biotas, climates, and geologies. Rapid industrialization , population growth, and lax environmental oversight have caused many environmental issues and large-scale pollution.
Under Hu, China maintained its high rate of economic growth, overtaking the United Kingdom, France, Germany and Japan to become the world's second-largest economy. [120] However, the growth also severely impacted the country's resources and environment, [121] [122] and caused major social displacement.
The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. ... China’s economy had a miserable year. 2024 might be even worse ...
Jia, currently president of the China Academy of New Supply-side Economics, a private think tank, was quoted as saying the potential bond issuance of up to 10 trillion yuan was “not unreasonable ...
China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold.
Environmental policy in China is set by the National People's Congress and managed by the Ministry of Environmental Protection of the People's Republic of China.Under the Ministry of Environmental Protection of the People's Republic of China, the Department of Policies, Laws, and Regulations is in charge of establishing and strengthening basic laws and policies such as environmental laws ...
Climate change is having major effects on the Chinese economy, society and the environment. [1] [2] China is the world's largest emitter of carbon dioxide, through an energy infrastructure heavily focused on coal. China's per capita emissions are greater than the world and European Union averages but less than Australia, Canada, and the U.S. [3 ...