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GDP per capita in China (1913–1950) After the fall of the Qing dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to catch up with the west and prepare for war with Japan.
For millennia, agriculture has played an important role in the Chinese economy and society. By the time the People's Republic of China was established in 1949, virtually all arable land was under cultivation; irrigation and drainage systems constructed centuries earlier and intensive farming practices already produced relatively high yields.
The relative economic status of Europe and China during most of the Qing (1644–1912 AD/CE) remains a matter of debate, [n 1] but a Great Divergence was apparent in the 19th century, [7] pushed by the Industrial and Technological Revolutions.
The Republic of China's first president, Sun Yat-sen, chose Zhōnghuá Mínguó (中華民國; 'Chinese People's State') as the country's official Chinese name.The name was derived from the language of the Tongmenghui's 1905 party manifesto, which proclaimed that the four goals of the Chinese revolution were "to expel the Manchu rulers, revive China (), establish a people's state (mínguó ...
One important motivator of increased international trade was China's inclusion in the World Trade Organization (WTO) on December 11, 2001, leading to reduced or eliminated tariffs on much of China's agricultural exports. Due to the resulting opening of international markets to Chinese agriculture, by 2004 the value of China's agricultural ...
Finally, in most of the Party's thinking, an agricultural cooperative, being much larger than an individual farm plot, would require industrialized agriculture methods. [30] Since China's industrial capacity was so low, and Soviet aid in industrialization would be insufficient to make up the difference, many party members thought that the ...
During the republican era, Chinese economy was mostly agricultural. In 1933, it was estimated at 65 percent of the total net domestic product. This output, whose sectors were plant, animal, Forest, Fishery and Miscellaneous products, was supposed to be produced by 205 million agricultural workers, which counted 79 percent of the labor force.
Chart of Chinese progress from a US wartime pamphlet The Bund in Shanghai in the 1930s. The Nanjing decade (also Nanking decade, Chinese: 南京十年; pinyin: Nánjīng shí nián, or the Golden decade, Chinese: 黃金十年; pinyin: Huángjīn shí nián) is an informal name for the decade from 1927 (or 1928) to 1937 in the Republic of China.