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China
CHINA
Capital Beijing
Religion:
Primary Buddhist
POLITICAL SYSTEM
HISTORY
1949 - With the wide and mass support of the peasants and workers,
Mao Zedong defeats Jiang Jieshi and creates The Peoples Republic of
China. The Nationalists flee mainland China to Taiwan, creating Two
Chinas. Communists create a one-party state led by Mao Zedong
Begin Reforms:
All resources are directed toward political, social, and economic growth
Schools built
GOVERNMENT
China's government structure is similar to Western parliamentary systems, with
both a president and a prime minister appointed by a parliament and a semiindependent judiciary:
PRC President and Vice President control over the PRC government.
The State Council, with its ministries, bureaus, commissions, and agencies, serves
as the administrator and regulator of China's day-to-day government functions
and is headed by Premier.
The National People's Congress, China's parliament, ratifies laws and holds
oversight and appointment authority for the State Council and courts. The NPC
largely functions as a rubber stamp for party decisions, though it is increasing
both in size and stature.
The Supreme People's Court and Supreme People's Procuratorate are China's top
judicial organs.
GOVERNMENT STRUCTURE
NOTABLE POLICY
Population Control
Little regulation during Maoist years; 1978 population close to a billion
One-child family policy
Perverse outcomes
Shortage of girls
Sex-selective abortions
http://www.worldometers.info/world-population/china-population/
ECONOMY OF CHINA
ECONOMY HISTORY
With Liu Shaoqis new policy of restoring private plots, reducing the
size of the collective farm and giving greater independence to
private producers, there was a mass transition of the unemployed
from industry to the countryside, and industrial investment was
temporarily slashed in order to free resources for farm production.
This policy led to an immediate improvement in the agricultural
situation, and industrial production and construction also gathered
some momentum.
CURRENCY
Symbol:
The Chinese
government wish
to keep the
currency
undervalued
ECONOMIC SECTORS
Every economy of a country comprises of the following
three sectors
Rice
Wheat
Potatoes
Corn
Peanuts
Tea
Millet
Barley
Apples
Cotton
Oilseed
Pork
Fish
Coal
Machine building
Armaments
Petroleum; cement
Chemicals
Fertilizers
Consumer products
Food processing
Telecommunications equipment
Satellites
IT
Telecommunication
Many other
The GDP in China was worth 9240.27 billion US dollars in 2013. The GDP
value of China represents 14.90 percent of the world economy.
LABOR FORCE
EXPORTS
Primary exports:
IMPORTS
Primary imports:
Japan (10%), South Korea (9.3%), Other Asia (8.1%), United States
(8.0%), and Germany (6.0%)
BALANCE OF TRADE
China recorded a trade surplus of 594.88 USD Hundred Million in May of 2015.
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