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* Chinas Economy Overview of Chinas economy The turning point of Chinas economy Chinas opening-up policy Chinas foreign trade China and 2008 financial crisis Chinas economic outlook Overview of Chinas economy The development of Chinas economy,1949-2014 1949 The foundation of P.R.CHINA The turning point of Chinas economy 1978 2001 2008 The global Finacial crisis 2001 Chinas assession to the WTO 2014 Overview of Chinas economy Currency Renminbi (RMB); Unit: Yuan (CNY) Fiscal year Calendar year (1 January to 31 December) Trade organisations WTO, APEC, G-20 and others GDP $9.182 trillion (Nominal; 2013) $13.395 trillion (PPP; 2013) Economic system The socialist market ecomomy with chinese characteristics(Mainland) The capitalist market economy(Hongkong,Macau) Overview of Chinas economy Labour force 795.5 million Unemployment 4.1% (Q4 2012) Foreign reserves $3.44 trillion (1st; end-March 2013)and others Gini coefficient 0.48 Exchange rate 1USD=6.2452 CNY 1EUR=8.443 CNY 1GBP=10.658 CNY (2014-05-06 03:59) Chinas GDP growth in 2008-2012 Overview of Chinas economy Source: Chinas GDP growth in 1979-2012 Overview of Chinas economy Source:China National Bureau of Statistics agriculture (primary industry) manufacturing industry (secondary industry) service industry (tertiary industry) Overview of Chinas economy Source: Chinas three main industries The largest developing country The worlds 2nd largest economy by nominal GDP and by purchasing power parity after the United States. China is also the largest exporter and second largest importer of goods in the world. China is the largest manufacturing economy in the world. the worlds fastest-growing major economy, with growth rates averaging 10% over the past 30 years. Holding the largest foreign exchange reserves Chinese economys strenghs Overview of Chinas economy Chinese economys promblems Overview of Chinas economy Decline in economic growth Imbalance of regional development
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