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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).
China, [i] officially the People's Republic of China (PRC), [j] is a country in East Asia. With a population exceeding 1.4 billion, it is the second-most populous country after India, representing 17.4% of the world population.
The economy of Punjab is the 16th largest state economy in India with ₹ 8.02 lakh crore (US$93 billion) [1] in gross domestic product (GDP) for the 2024-25 fiscal year. It's per capita GDP ranks 19th amongst Indian states with US$3,338 (264,000).
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 history.
Punjab (Punjabi: puñjāba , pronounced [pənˈdʒaːb] , ⓘ) is a state in northwestern India.Forming part of the larger Punjab region of the Indian subcontinent, the state is bordered by the Indian states of Himachal Pradesh to the north and northeast, Haryana to the south and southeast, and Rajasthan to the southwest; by the Indian union territories of Jammu and Kashmir to the north and ...
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
The Punjab emerged as an important agricultural region, especially following the Green Revolution during the mid-1960s to the mid-1970s, and has been described as the "breadbasket of both India and Pakistan." [3] Punjab's history is a tapestry of conflict, marked by the rise of indigenous dynasties and empires.
Immediately following its annexation, the Punjab was annexed to the Bengal Presidency and administered separately by a board of administration. [1]: 54 After 1853, the board was replaced by a chief commissioner. [1]: 54 In 1858, the Punjab, along with the rest of British India, came under the rule of the British Crown.