Why is China called the world s fourth largest economy?

Updated on international 2024-06-13
16 answers
  1. Anonymous users2024-02-11

    On 25 December 2006, China was the first in the world to release its annual economic data, saying that the economy grew in 2005 compared to the previous year. Although growth is slightly lower than in 2004, it is still the fastest growing economy in the world. Foreign news commented on China's release of last year's economic growth data, while economic experts who are participating in the World Economic Forum believe that China has become the world's fourth-largest economy.

    According to statistics released by the National Bureau of Statistics, China's GDP grew to 18.2 trillion yuan last year, driven by massive investment and aggressive consumer spending.

    At present, part of the world economy is completely driven by the growth of China's economy. The economy is moving at a faster pace every year.

    As some foreign news agencies say"Leading economists at the World Economic Forum expect China to be the main driver of the world economy in 2006, and they are increasingly worried about the U.S. fiscal deficit and a possible oil crisis"

    China jumped from sixth to fourth place in the ranking of the world's largest economies, overtaking France and the United Kingdom. In 2004, France's GDP was $2 trillion and Britain's trillion, but their growth rates were far less than China's.

    So I personally think that this is determined by the growth rate and growth rate of the economy!

  2. Anonymous users2024-02-10

    **Top 10 countries by GDP in 2014 released by the World Bank.

  3. Anonymous users2024-02-09

    China is the world's second-largest economy.

    The world's second-largest economy is China. In 2010, China's GDP surpassed Japan's to become the world's second largest economy. After four decades of spectacular growth since 1978, China has finally surpassed Japan to become the world's second-largest economy after the United States.

    China is the world's second-largest economy. Around 2000, China was the world's seventh-largest economy, and in 2007 it overtook Germany to become the world's third-largest. In fact, China's economy has surpassed Japan's in size since the second quarter of 2009.

    Data from 2009 showed that Japan's GDP (gross domestic product) in the second quarter was trillions of dollars, while China's GDP in the second quarter was trillions of dollars.

    At present, China is the world's second largest economy, and the United States is still the world's largest economy. But in 2020, the nominal GDP of the United States was close to $21 trillion. China, on the other hand, is close to $16 trillion, and the gap is gradually narrowing.

    Significance of China being the second largest economy in the world:

    China, as the world's second-largest economy, still has a lot of problems. In short, China's large population, weak foundation, relatively few resources, large number of poor people, weak innovation ability, and low level of rights and welfare are still China's basic national conditions. We should be self-aware of this.

    At best, the world's second-largest economy only shows that we are an economic power, far from being an economic powerhouse, and therefore, it has only symbolic significance.

  4. Anonymous users2024-02-08

    China is the second largest economy, ranking second. After the epidemic is over this year, China's economy may be 75 percent that of the United States. In fact, China's efficiency is still very high, to be able to rank among the best in the world economy can be said to be very good, last year China's economic aggregate has exceeded nearly 10 billion yuan, China's economic aggregate accounted for 17 percent of the world's proportion, China's growth is the foundation, growth is also the key, and only through economic growth can solve all the problems of China, the growth potential is huge, structural changes are also prominent, at the same time, it is expected that China's economy will rank first in the world in the next 20 years, In order for China to deal with this problem of income inequality, it also needs economic growth to lead to development.

    From the perspective of market development in the 80s to the 90s, enterprises are everywhere, and China has become a world-class factory system scale, and the development of real estate occupies a leading position. We all know that the development of China's economy is imperceptible, is an unchangeable fact, in recent years, the recession of China's industry has led to the development of finance is inevitable, this process also includes some of the best development.

    China's industry is also value-added, in order to help enterprises achieve better development, the main purpose of the solution, to enhance the growth rate of the industrial economy, to promote the development of the industrial economy, the stability of the country and society, is brought about by economic development, the establishment of a sound socialist market economy rule of law, to maintain good social stability and political stability, must establish the socialist market economy rule of law.

    The socialist market economy is in line with the international market, and the socialist market economy is an open economic system. Open to the outside world, take the initiative to greet the international community, actively participate in international market competition, form a stable socialist system, for the people's happiness, the people's development has made outstanding contributions, at the same time to promote the development of social economy, for a better realization of the first economy.

  5. Anonymous users2024-02-07

    It belongs to the second largest economic system, because our economic planning and development have always been relatively good. Our ranking is second, and our GDP per capita is relatively high.

  6. Anonymous users2024-02-06

    Now my country is already the second largest economy, and the ranking should also be in the first place, our China is now developing really very rapidly, China is really getting more and more powerful.

  7. Anonymous users2024-02-05

    It is the second largest economy, and then the second largest economy, because China's economic strength is constantly developing, and the scale is becoming larger and larger, and it also has great development potential.

  8. Anonymous users2024-02-04

    China is the second largest economy in the world, ranking second in the world, it is developing very well, and after the epidemic, China's economic recovery is very strong.

  9. Anonymous users2024-02-03

    The second largest economic system, ranking second, China's construction scale is very extensive, and it is also an economic power with special potential.

  10. Anonymous users2024-02-02

    Ford's advertising on the other side is just more abundant, and the pictures that will be sent every day will be met one by one, and they want to eat with grace.

  11. Anonymous users2024-02-01

    The fourth largest economy in the world is Germany.

    Germany is a highly developed capitalist country, the largest economy in Europe, the fourth largest in the world, and the European Union.

    is also one of the founding members of the North Atlantic Treaty Organization.

    Schengen Agreement, G7.

    The Organisation for Economic Co-operation and Development (OECD) and other international organizations are important member countries with well-established social security systems and extremely high living standards for their citizens.

    Economic development in Germany:

    Germany is the world's best.

    It is a major country and maintains first-class relations with more than 230 countries and regions. German products are known for their excellent quality, leading technology and delicate workmanship, but the cost is high. The German export industry is known for its high quality, attentive service and punctual delivery.

    The main export products are automobiles, mechanical products, chemicals, communication technology, power supply and distribution equipment and medical and chemical equipment. The main imports are chemicals, automobiles, oil and gas, machinery, communication technology and steel products. The main target is the Western industrial countries, of which more than half of the imports and exports come from or are sold to EU countries.

  12. Anonymous users2024-01-31

    China is the world's second-largest economy.

    China is the world's second largest economy, the world's largest industrial country and the world's largest agricultural country. On February 28, 2021, the National Bureau of Statistics released data showing that the annual GDP in 2020 was 1015986 billion yuan, an increase over the previous year.

    Among them, the added value of the primary industry was 7,775.4 billion yuan, an increase. The added value of the secondary industry was 384255 billion yuan, an increase. The added value of the tertiary industry was 553977 billion yuan, an increase.

    China's natural resources:

    China has a vast territory, diverse geological conditions, and rich mineral resources, with 171 kinds of minerals. Among them, the proven reserves of tungsten, antimony, rare earth, molybdenum, vanadium and titanium rank first in the world.

    The main feature of the distribution of mineral resources in China is that the regional distribution is uneven, such as iron is mainly distributed in Liaoning, eastern Hebei and western Sichuan, and very little in the northwest. Coal is mainly distributed in North China, Northwest, Northeast and Southwest regions, with Shanxi, Inner Mongolia, Xinjiang and other provinces and regions being the most concentrated, while the southeast coastal provinces are rare.

  13. Anonymous users2024-01-30

    Since the founding of the People's Republic of China, China has become one of the world's economic powers with development potential through large-scale construction in a planned manner, and the people's living standards have generally reached a moderately prosperous level. China is the world's second-largest economy. Since the founding of the People's Republic of China, China has become one of the world's economic powers with development potential through large-scale construction in a planned manner, and the people's living standards have generally reached a moderately prosperous level.

    On July 30, 2010, Yi Gang, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said in an interview that China had overtaken Japan to become the world's second largest economy. This is the first time that China** has pointed out that China's economy has become the second largest in the world.

    On January 17, 2020, the National Bureau of Statistics released data that preliminary calculations show that China's GDP in 2019 was 990865 billion yuan, an increase over the previous year on a comparable** basis, in line with the expected target of 6%. In terms of quarters, the first quarter increased year-on-year, the second quarter increased, the third quarter increased, and the fourth quarter grew.

    On June 15, 2020, the National Bureau of Statistics released the latest economic data for May. All kinds of signs show that China's economy, which has entered the fast lane of resumption of work and production, continues to improve its main indicators and continues its recovery momentum.

  14. Anonymous users2024-01-29

    The third largest in the worldeconomyIt's Japan.

    China's national strength has risen to a new level, officially surpassing the European Union to become the world's second largest economy. According to EU accounting, the GDP of the 27 EU countries will reach trillions of euros in 2021, about one trillion US dollars.

    In 2021, China's GDP will increase over the previous year, and the total economic output will reach one trillion yuan, reaching one trillion US dollars, exceeding the EU by 2 trillion US dollars, which is equivalent to one more South Korea than the sum of the 27 EU countries.

    The role of the economy

    Just a few decades ago, China's economy was less than half of that of Italy in the European Union, and now it is more than the 27 countries of the European Union combined. China's economic development has always continued to rise! The average rate of GDP growth is as high as.

    In 1978, China's GDP ranked 10th in the world, and between 2000 and 2010, China successively surpassed Italy, France, the United Kingdom, Germany and Japan to become the world's second largest economy after the United States, with per capita GDP

    It took only five years to rise from $1,000 to $3,000, and the high-speed development cannot help but attract international attention.

    Under the double blow of the epidemic and internal discord, the EU has a sluggish economic development and high inflation, which created an inflation rate in 2021.

    In this international environment and a combination of many factors, the euro has depreciated sharply.

    And the eurozone.

    Some countries continued to suffer from the pandemic in 2021.

    It is difficult for national production to return to the level before the epidemic, with only 5% growth in 2021, and even the decline in 2020 has not recovered, which continues to help China successfully surpass the European Union.

  15. Anonymous users2024-01-28

    The third largest economy in the world is Japan.

    Japan is a highly developed capitalist country.

    The world's third largest economy, G7, G20 and other members. Its natural resources are scarce and extremely dependent on imports, and a well-developed manufacturing industry is the backbone of the national economy. The level of scientific research, aerospace, manufacturing and education ranks among the top in the world.

    In addition, the cultural industry, led by the anime and game industries, and the developed tourism industry are also important symbols.

    Japan's Foreign Trade Development:

    Foreign trade occupies an important position in the national economy. Since the 50s of the 20th century, Japan has established the policy of establishing a nation. After entering the country, Japan began to achieve the same status as other contracting parties.

    In accordance with the most-favored-nation status in the GATT.

    The basic principle of freedom with most countries and regions has created a favorable international market for the continuous expansion of Japan's foreign scale.

    Condition. Since then, Japan's foreign countries have grown rapidly, mainly targeting the United States, Asian countries, and European Union countries.

    Japan's fiscal year is from April 1 of the current year to March 31 of the following year. The main import commodities are: **, natural gas and other primary energy.

    food, raw materials, etc.; The main export commodities are: automobiles, electrical appliances, general machinery, chemicals, etc.

    The main targets are Chinese mainland, the United States, ASEAN, South Korea, and Taiwan.

    Hong Kong, China, Germany, etc. The decrease in Japan's exports to China is due to the deficit.

    One of the main reasons. The number of countries (regions) with ** relationship is about 200.

  16. Anonymous users2024-01-27

    It should be the European Union, not Japan, and the economy is not just a country, such as Hong Kong, China, Taiwan, which can be used as an economy.

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