701264
Is China's economy modern?
- China was
abandoning its much
trumpeted measure of
'green GDP'
- GDP: A scheme to
measure the cost of
pollution in China
- it is reducing the
economic growth
- GDP: A scheme to
measure the cost of
pollution in China
- economy still growing at around 10% each
year in first decade of 21st century
- 20th century was undoubtedly a troubled time for the Chinese
ecnomoy
- The huge agricultural sector, which is devastated by:
- War
- depression
- impact
- War
- The huge agricultural sector, which is devastated by:
- Economy measures up spectacularly
- Foreign Direct Investment
(FDI)
- cheap labour
- immense importance of Overseas Chinese financial
and human investment
- Foreign Direct Investment
(FDI)
- Song Dynasty had the major
changes in the Chinese economy
- majority farmers were
subsistence cultivators, but by
the end of the dynasty, they
became specialists
- majority farmers were
subsistence cultivators, but by
the end of the dynasty, they
became specialists
- 18th century was the golden time for China
- territory expanded as the Qing
conquered lands to the west and
the norh
- introduction of New
World grains
- population spread and grow
- territory expanded as the Qing
conquered lands to the west and
the norh
- collision with imperialism and industrialization
- one of major reasons that China's peasant
economy from 1840s to the 1940s has come in
for criticism is the turbulent nature of the times
- after late Qing crisis, overall agricultural
economy of China became more productive
and profitable
- after late Qing crisis, overall agricultural
economy of China became more productive
and profitable
- only entered the international
market fully in the modern era
- Sino-Japanese War
crippled China's
economy
- destroyed China's state-building
experiment
- destroyed China's state-building
experiment
- one of major reasons that China's peasant
economy from 1840s to the 1940s has come in
for criticism is the turbulent nature of the times
- Mao's China
- new economy established
by Mao by 1952
- socialist command economy
- suffered grievously
- Great Leap Forward
- import substitution
- trying to become
self-sufficient
- low production of
consumer goods
- Great Leap Forward
- socialist command economy
- new economy established
by Mao by 1952
- China in the global economy
- Deng Xiaoping established the Special Economic
Zones (SEZs) in port cities
- signaled his desire to lay down the
first phase of economic growth
- signaled his desire to lay down the
first phase of economic growth
- legally protected
concept of private
property
- countries became richer, wage
became higher, and ultimately it
became cheaper to move
manufacturing to other countries
- By 2004, the government has stressed
consumption, trying to encourage the
Chinese to spend more on consumer
goods and services
- Gov. spent more on health
care, state provision,
consumers
- Gov. spent more on health
care, state provision,
consumers
- Deng Xiaoping established the Special Economic
Zones (SEZs) in port cities
- Problems of Growth
- environmental
pollution
- overpopulations
- limited oil supply
- lack of water
- lack of transparency
and the corruption that
comes along
- environmental
pollution
- Result: the economy
is modern in 'some
ways'
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