Why and How Has China Emerged as One of World’s Largest Economic Powers
Abstract
In this essay, is aim to explore the China became a powerful country in economic in the world recent years. An admitted fact that China influence of world economic becomes great and trend increase. As everyone knows China is a developing country compare with another East Asia country Japan the economic powers are both strong in the world but China was growing in recent 30 years, surprising how quick they controlled economic growth and sustained growth. Following factors effect Chinese economy and leads China economy getting on the track and it is only the beginning.
Firstly, In China resources are variety they have the richest market of labor, plenty of foreign exchange reserve and high saving rate support China continuous economic growth.
Secondly, China is a vast potential market for both Chinese domestic economy and overseas. China still has a great space supply for market develop. Foreign Direct Investment would like to enter and invest in this profit attractive market because market have unlimited chance to expansion that relate to high profit and it affect scale of economy in China.
Moreover, Government policy and socialist system help China fuel economic growth, especially in recent 30 years. The policies which well known in the world such as, ‘reform and opening-up’, ‘one country, two system’ and ‘special economic zone’. These create a great power of leading china’s economic increase but every policy bases on Chinese government’s power control. Besides the reform Chinese government play an importance role of leadership in China’s economic developing period, Chinese government interface marketing running which a lot different compare with western country’s economic system. We can say that economic policies implement should under Chinese government’s authority control and they are rely on government and society structure which is aimed at the actual condition of China.
Finally, Favorable International environment provide a stable economic
In this essay, is aim to explore the China became a powerful country in economic in the world recent years. An admitted fact that China influence of world economic becomes great and trend increase. As everyone knows China is a developing country compare with another East Asia country Japan the economic powers are both strong in the world but China was growing in recent 30 years, surprising how quick they controlled economic growth and sustained growth. Following factors effect Chinese economy and leads China economy getting on the track and it is only the beginning.
Firstly, In China resources are variety they have the richest market of labor, plenty of foreign exchange reserve and high saving rate support China continuous economic growth.
Secondly, China is a vast potential market for both Chinese domestic economy and overseas. China still has a great space supply for market develop. Foreign Direct Investment would like to enter and invest in this profit attractive market because market have unlimited chance to expansion that relate to high profit and it affect scale of economy in China.
Moreover, Government policy and socialist system help China fuel economic growth, especially in recent 30 years. The policies which well known in the world such as, ‘reform and opening-up’, ‘one country, two system’ and ‘special economic zone’. These create a great power of leading china’s economic increase but every policy bases on Chinese government’s power control. Besides the reform Chinese government play an importance role of leadership in China’s economic developing period, Chinese government interface marketing running which a lot different compare with western country’s economic system. We can say that economic policies implement should under Chinese government’s authority control and they are rely on government and society structure which is aimed at the actual condition of China.
Finally, Favorable International environment provide a stable economic
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