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1 post from November 2012

China in the Past 10 Years - its GDP, Export and Population

China's 18th National Congress Meeting of the Communist Party of China brings China to a critial turning point. It will elect the once-a-decade new leadership and lay out the plan for the next 10 years under the new leadership. The past ten years have seen China grown into the second larget economy in the world after the U.S. Its GDP per capita was close to $6,000 by 2011, an increase from $1,500 in 2002. GDP percentage change year on year ranges between 6%+ to 15%, with 2009 the lowest. The export of goods approached $2,000 billion in 2011, compared with $300 billion in 2002. By 2011, China's urban population surpassed its rural population, a result of its progress in industralization. Download China in the last 10 years – graphic of the day _ The Knowledge Effect What are waiting for the China by the end of the next 10 years? If the past 10 years were a time when China devoted all its resources to grow its GDP, the next 10 years will be more challenging in the sense that the government has to fix some of the problems accumulated from the last 10 years, which are far from easy... Read more →