Essay about China's Role in the World Economy - 1420 Words.
From my perspective, China’s growth of economic will benefit overall economy of world. In the trading system, China will play a major role on deciding the policy and implications how the trading should be done. With its sophisticated export increase do to the rapid increase in technology; China is sharply stepping up exports.
China should complete its transition to a market economy -- through enterprise, land, labor, and financial sector reforms -- strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth.
Keywords: China’s Economy, Emerging Market, World Economy At the end of 2010, China’s Social Science Institute issued “World economy Yellow Paper” and “International Situation Yellow Paper”, which pointed out China has become the second biggest economy in the world, and has been in the leading position on many aspect.
CHINA An ancient civilization and an emerging economic powerhouse in the heart of Asia, China has quickly developed into one of the strongest economies in the world. Chinese products can be found all over the world from Athens to Zurich and since its cautious embrace of a more market-oriented capitalist outlook, the modern People’s Republic of China has exhibited phenomenal economic growth.
Discussions on China’s economic future also tend to swing between two extremes. At one end of the spectrum, it is seen as an unstoppable juggernaut, destined to dominate the 21st century.
The History Of Chinas Growth Economics Essay INTRODUCTION. 1. China’s emergence as a great power ranks as one of the major landmarks of the twentieth century for it marks a qualitative shift in world history from a Eurocentric orientation to definite turn towards the Asia Pacific Rim.
China is actually the second largest economy in the world after the U.S and the world’s fastest growing major economy. The country’s population stands at 1,340,610,000 (Phang 20). This large population provides a good market for the country’s industrial products.