Economic Analysis Of China

SEQ CHAPTER h r 1 Economic Analysis of china Page 1Recent studies show that the Gross National Product of chinaware is 1325 billion , approximately 1035 per capita . Average per capita income of capital of Red china residents is 1900 (15 , 600 yuan ) per personThe soused upper 20 of the institution , typically educated with know degrees or docto appreciates , pull in an average 3600 per capita Quite reverse , the uneducated poor , contributing to the lower 20 of the population make only 890 per capita . The remaining 60 make up the middle class and pull in between 2000- 2230 per capita . The pass between the rich and middle class stays to grow , on the face of it contributing to a loss of the middle class , departure only a upper and lower class as a result of more(prenominal) and more Chinese choosing to continue their educationcapital of Red China s major industries let in automobile and real estate Beijing s major exports include textiles , food , and steal , to Beijing include industrial equipment and textiles , about 30 billionIn 1991 mainland China began it s entrance into the world of free trade by joining groups such as APEC (Asia-Pacific Economic Cooperation ) and the World Trade Organization in 2001 . China has agreed to lower tariffs to a record 10 or even 9 by the year 2005 . China is excessively allowing private businesses the ability to import and export on their receive , formerly under the watchful control ofPage 2the g all overnment . To see to it the trade environment continues to improveThe current currency exchange rate is 8 .3 yuan to the dollar fluctuating at a rate of about 2 throughout the yearThe people of China have much access to media in the form of parley radio journals , television , and the internet . To date , more than blow million people have internet access . thither are more than 2200 newss and over 7000 magazines and journals , reaching millions . Over sensation hundred million people have access to a television .

The media is having a greater and greater impact as journalists and reporters speak more freely and challenge authority . As literacy and education continue to increase , so do the mediums in which people wish to collect and learn informationBeijing is home to over 260 medium and large-size retailers , typically specialty stores , specializing in a paradigm of products from clothing to jewelry to antiques . As of 2003 , 1500 chain stores operated out of Beijing , pulling in over 2 billion in six months . Wal-Mart has also been welcomed into China and consumers are seeing the win of buying from the larger companies in to save money . epoch smaller retailers still do well during holiday shop seasons , it is hard to forecast whether or not they will fit with the rise of chain stores such as Wal-Mart . While many large chains and retailers will accept credit card , it is always wise to have cash , especially inevitable to buy from local vendors . Additionally , as the internet reaches more and more people so does the ability to buy goods on-lineWorks CitedBeijing...If you necessity to get a full essay, order it on our website: Ordercustompaper.com

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