We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

China Economic Development - Essay Example

Comments (0)
Summary
Thic paper discusses China economic development. According to the report in 2010, the Gross Domestic Product growth of China was 10.45%, totaling America’s $ 5,745.1 billion, and it is expectation to rise to 11.79 % in 2011 amounting to America’s$ 6,422.2 Billion are high. …
Download full paper
GRAB THE BEST PAPER
China Economic Development
Read TextPreview

Extract of sample
China Economic Development

Download file to see previous pages... Chinese leader during this period attempted to transfer the heart of agriculture from traditional farming to household activities (Roche, 2010). These reforms extended to price liberalization, in a more gradual way. It became followed by fiscal decentralization (Roche, 2010). Also as part of the undergoing reforms, business enterprises managed by the state became granted independence. This means that, all the government officials found at the local levels and also managers of a number of plants had more authority (Roche, 2010). This led to the development of a number of privately owned firms within the service producing sector, together with the manufacturing sectors (Roche, 2010). Chinese banking system became diversified, and the country’s stock markets began to rise as the country’s economic reforms took hold (Roche, 2010). China began growing at a rapid pace because of these existing reforms and widely opened the shut doors of its economy to the entire globe for trade opportunities and direct more foreign investment (Roche, 2010). As a nation, it has undertaken a slow but sure method in implementing all of its economic reforms (Roche, 2010). The country has sold the equity of a number of the country’s state banks to foreign companies and also bond markets. Its role in the international market has also grown over the years (Roche, 2010). China's Global Economy The economy of China witnessed some radical transformations after Deng Xiaoping took charge in 1978 (Roche, 2010). The country has transformed from being a highly centrally planned economy to an open economy from his era (Roche, 2010). The country has now transformed to a leading power house for the world’s economy over the past ten years. In Roche’s...
this paper tells that China has also a well developed transport and railway network running throughout the country. The country has developed expressways making the container transportation effective. By late 2006, the country had six provinces with close to 2000 (km) of expressway. Also, the length of the country’s railway system is over 77 000 (km), ranking it third in the globe, next to America and Russia. Nevertheless, Japan has a more advanced and well maintained infrastructure, which undergoes regular and constant upgrading and expansion. According to Roche, the country’s private and public sectors take the responsibility of a number of infrastructural services and operate them efficiently. Japan posses a remarkably extensive and highly modern road network that consists of around 1,152,207 kilometers of highways, and 6,114 kilometers of expressways. The length of the rail network in Japan is 23,670 kilometers. More than half of Japan’s rail network is electrified. The country is also famous for its high-speed trains. The country also has extensive and modern sea and air transport systems. The country’s communication system is also highly advanced consisting of both the public and private providers.
To sum up, this paper says that China posses massive sea ports that have the most influential gateways for its foreign trade. Going by the recent record, China ranks first globally in terms of cargo through put by its weight and also by the high numbers of containers it handles. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
'Economic development is a prerequisite to democratisation.' Discuss
Towards the end of 1995, most countries had managed to adopt political and civil rights formal guarantees. This was possible after conducting competitive elections. During this period, the countries that were still authoritarian were estimated to be 26 percent only.
8 Pages(2000 words)Essay
Compare and Contrast the Recent Economic Development of the Economies of China and India, Which Country Has the Best Prospects
In the recent times, there are two main successes that stand out, China and India. These two nations are, through their sheer size, economic giants and as they are growing in the recent years, it is quite obvious that their continuous transformation will have significant effects, not just on them, but the entire global community.
8 Pages(2000 words)Essay
China Economic Development
Both India and china are front runners in the global economy. In turn, the differences between the two systems need in-depth analysis. Both of the countries emanate from ancient civilizations whereby various economic, political and social factors affect the same.
3 Pages(750 words)Essay
Economic development of India and China
Economic development of India and China. Introduction The economic growth of China and India has triggered much interest in the world. Economists have had extensive arguments and counterarguments on how the Asian economic giants managed to grow and cut a niche for themselves in the global economy.
7 Pages(1750 words)Essay
Literature Review aboutsociocultural and economic impacts of the development of tourism in China
The Chinese people and government will now have to assess how tourism will affect both the socio-cultural life and the economy of its people. As more and more visitors enter China, there is a greater possibility for understanding and more hope for peace; however, there will also be some problems for China and the Chinese people.
9 Pages(2250 words)Essay
Economic Development of China
The findings of this study suggest that firm performance and the effectiveness of monitoring mechanism do not depend on who owns shares but depends on the incentive structure of different state-share holders. This result supports the suggestion by Stiglitz that is the introduction of market-oriented state-share holders.
47 Pages(11750 words)Dissertation
Economic globalization in China
It opposed the global economic order, political order and the major global institutions such as the IMF and the World Bank before the reforms started in China (Overholt, p.3). Earlier, China like socialist countries perceived globalization as a product of
5 Pages(1250 words)Essay
The Silk Road and its effects on the economic development of India, China, and Southeast Asia
The famous trade route did not get the name Silk Road until the year 1877 when Ferdinand von Richthofen came up with the name (Christian, 2000). From China to the Mediterranean, long distance trade played a critical
1 Pages(250 words)Essay
Economic Development Strategies of China after WWII
In turn, it is investing billions of dollars abroad” (BBC). Although, China was a reasonably developed nation from earlier times, it went into an active mode of economic expansion after the World War II, particularly from 1970s. The man who
6 Pages(1500 words)Essay
Economic Development of China
It has been able to experience a Gross Domestic Product (GDP) of around 10 percent every year and this has enabled many people in the economy to shift from their poverty levels. It has an estimated population of 1.3 billion people and its
10 Pages(2500 words)Research Paper
Let us find you another Essay on topic China Economic Development for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us