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n 1994, China established its major policy banks, the China Development Bank (which focuses on major infrastructure and other projects that improve people's quality of life), the Export-Import Bank of China (which supports China's exports and imports), and the Agricultural Development Bank of China (focused on rural infrastructure). [9]: 209
China operates the world's longest and most extensive high speed rail network, which spans 45,000 kilometers. [44] China is the world's largest manufacturing industrial economy and exporter of goods. China is widely regarded as the "powerhouse of manufacturing", "the factory of the world" and the world's "manufacturing superpower". [45]
This article is a list of domestic and international non-governmental organizations (NGOs) operating in China. Relations between Chinese NGOs and the government fluctuate over time. [ 1 ] Most Chinese NGOs and activists work with government entities that support their goals and selectively oppose government entities which contest their goals.
China’s economic growth is slowing down and lagging estimates. The nation’s economy expanded just 0.8% — or 6.3% on an annual basis — in the second quarter.
For China's ailing stock market (the CSI is down 40% from its 2021 peak), a $71 billion stock market stabilization program was introduced to allow securities firms, funds, and insurers to access ...
Development trends of Chinese and Indian GDP (1950–2010) China's transition from a planned economy to a socialist market economy has often been compared with economies in Eastern Europe that are undergoing a similar transition. China's performance has been praised for avoiding the major shocks and inflation that plagued the Eastern Bloc. [180]
The 1st China Development Forum (CDF) titled "China's 2010 Goals, Policy and Perspective" [3] was opened by Wen Jiabao, Vice Premier of the State Council's Republic of China at the time and noted on his assured confidence in the importance of CDF to China's development. At the March 2015 China Development Forum in 2015, OECD secretary-general ...
Others, like Gopalakrishnan, point out that "Left out of the picture are inequities in development, arable land loss, real estate speculation and labour violence", as well as significant transparency problems in bureaucracy. [27] China has benefitted from SEZs through foreign enterprises bringing in expertise, technology, and equipment.