Download or read book China s Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.

Download or read book The Chinese Economy written by Solomon Adler and published by Routledge. This book was released on 2013-09-13 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1957. This volume provides a broad survey of economic progress in China from 1949 to 1952 and covers the historical background, China's economic system, industralisation and planning, the first Five Year Plan in industry, agriculture, transport, commerce and finance, education and health and foreign trade. The work is supplemented with an extensive bibliography, maps and statistical tables.

Download or read book Chinese Business Enterprise written by Rajeswary Ampalavanar Brown and published by Taylor & Francis. This book was released on 1996 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book China s Economic Development written by Chu-yuan Cheng and published by Routledge. This book was released on 2019-03-13 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has the government of the PRC transformed traditional economic institutions into a socialist, central-planning system? What has been the impact of this transformation on China's economic growth? What is the essence of the Chinese development model and how successfully has it functioned during the past three decades? What are the prospects for t

Download or read book CPE Agriculture Report written by and published by . This book was released on 1989 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Memorandum written by Rand Corporation and published by . This book was released on 1962 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Chinese Business Under Socialism written by Dorothy J. Solinger and published by Univ of California Press. This book was released on 1987 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Research Guide to Central Party and Government Meetings in China written by Kenneth Lieberthal and published by Routledge. This book was released on 2017-07-14 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1976, Lieberthal collated notes from Central Party, government and military meetings on a national level in China between 1949 and 1975 to create this guide to Chinese policymaking. This guide provides insight into issues such as the representation of important meetings in the media, how policies are made and how policy-making in China has varied over time. This title will be of interest to students of Asian Studies and International Politics.

Download or read book National Union Catalog written by and published by . This book was released on 1956 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes entries for maps and atlases

Download or read book Memorandum written by and published by . This book was released on 1961 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Writings v 2 January 1956 December 1957 written by Zedong Mao and published by Routledge. This book was released on 2019-07-23 with total page 1052 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of the correspondence of Mao Zedong during the period 1956 to 1957 explores the question of legitimatizing the leadership of the CCP, the pace of the socialist transformation of China's economy, and the issue of the divergence of ideological opinion over the strategy of revolution.

Download or read book Scientific and Engineering Manpower in Communist China 1949 1963 written by Zhuyuan Zheng and published by . This book was released on 1965 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Research Memorandum written by and published by . This book was released on 1947 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Market Control and Planning in Communist China written by Dwight Heald Perkins and published by Harvard University Press. This book was released on 1966 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author is an alumnus of Evanston Township High School, class of 1952.

Download or read book Communist China 1955 1959 written by Harvard University. Center for International Affairs and published by Harvard University Press. This book was released on 1962 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: The years 1955-1959 in Communist China included striking fluctuations and successes for Mao Tse-tung's Party, and the working out of the first Five-Year Plan for economic and agricultural development. This newly integrated picture of five crucial years pioneers the use of documentation for dealing with Communist China.

Download or read book Scientific and Engineering Manpower in Communist China 1949 1963 written by National Science Foundation (U.S.). Office of Economic and Manpower Studies and published by . This book was released on 1965 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Education in the People s Republic of China Past and Present written by Franklin Parker and published by Routledge. This book was released on 2017-12-12 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 3,053 entries in this work, first published in 1986, comprise the compliers' attempt at a comprehensive annotated bibliography of the most useful locatable books, monographs, pamphlets, regularly and occasionally issued serials, scholarly papers, and selected newspaper accounts dealing in a significant way with formal and informal, public and private education in the People's Republic of China before and since 1949.