China is the world s largest economy

In recent years, some countries and regions have grown by leaps and bounds, far outpacing advanced economies in terms of speed and quality, so they are often referred to as emerging economies. For example, China, Brazil, and India are emerging economies among the famous BRIC countries, which have changed the world economic pattern to a certain extent.

There is currently no precise definition of an emerging economy. The British "Economist" divides emerging economies into two echelons: the first echelon is China, Brazil, India and Russia, also known as the "BRIC countries"; The second echelon includes Mexico, South Korea, South Africa, Poland, Turkey, Egypt and other "new diamond" countries.

EconomiesAccording to data released by the IMF, in 2007 the economy of advanced economies grew only and the economy of emerging and developing economies grew 8. The total GDP of India, Russia and Brazil has exceeded the trillion dollar mark, ranking among the top 12 in the world economy, and China has exceeded 2 trillion US dollars, ranking fourth in the world. China, India and Russia account for more than half of global economic growth.

Goldman Sachs**, in 2025, Mexico, Indonesia, Turkey, Iran, Vietnam and other 8 countries will be among the top 20 in the world economy.

Based on the outstanding performance of emerging economies, there is a growing recognition that emerging economies are becoming "the world's economic stability" at a time when advanced economies are beleaguered by financial crises. IMF**, the world economy is expected to grow in 2008, led by emerging economies, despite weaker economic performance in advanced economies.

United States, European Union, China, Japan.

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

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.

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.

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.

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.

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.

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.