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Market Intelligence Report: China

Prepared by: China Team Members:

Prepared for: IBUS 201 Wilfredo Galvez Galen University Date?

Independence: 1 October 1949 (People's Republic of China established); notable earlier dates: 221 BC (unificat ion under the Qin Dynast y); 1 January 1912 (Qing Dynast y replaced by the Republic of China) Source: CIA Factbook The Chinese celebrate their Independence Day on the 1st of October every year, marking the foundation of the People's Republic of China. The Central People's Government passed the Resolution on the National Day of the People's Republic of China on December 2, 1949 and declared October 1 as the National Day or Independence Day of China. China is the worlds longest constantly used written language system, and also the source of many of the world's greatest inventions, including the Four Great Inventions of ancient China- Paper, the Compass, Gunpowder, and Printing. With Beijing as its capital, the Communist Party of China (CPC) has led the PRC under a one-party system since the state's establishment in 1949 Source:123 Independence Day The type of Government in China is Communist State Communist - a system of government in which the state plans and controls the economy and a single - often authoritarian - party holds power; state controls are imposed with the elimination of private ownership of property or capital while claiming to make progress toward a higher social order in which all goods are equally shared by the people (i.e., a classless society) Source/: Index Mundi

The current head of state of China is: President is Hu Jintao; current Vice-President is Zeng Qinghong. Source: China Through A lens Chinas official currency is the Renminbi yuan (RMB)
Source: CIA Factbook

The geographic coordinates of China are 35 00 N, and 105 00 E. Source: CIA Factbook The surface area of China is 9,596,961 sq. km Land: 9,569,901 sq. km Water: 27,060 sq km Source: 123 Independence Day Chinas population is 1.3 billion people (1,336,718,015 as of mid-2011), The Population density (people per sq. km) in China was last reported at 143.48 sq km in 2010 Source: World Bank report released in 2011 China is the world's most populous country and the fourth largest country. The major trading partners to China are: Thailand, Russia, United States, Japan, Hong Kong, South Korea, Germany, Australia, Malaysia, Singapore, India, Brazil, United Kingdom, Netherlands. Source: Wikipedia's_Republic_of_China

Chinas total values of exports are 149.9 Billion USD and imports into China are 122.7 Billion USD. Exports are 39.7% of its GDP. January 2012

China major exports are: office machines & data processing equipment, telecommunications equipment, electrical machinery and apparel & clothing. Chinas largest exports markets are European Union, United States, Hong Kong, Japan and South Korea China imports mainly commodities: iron and steel, oil and mineral fuels as well as machinery and equipment, plastics, optical and medical equipment and organic chemicals. Chinas main imports partners are: Japan, European Union, South Korea, Taiwan and ASEAN countries. Source: Trading Ecominics The primary natural resources of China are: coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead,nickel, zinc, uranium, hydro power potential (world's largest). China has many natural resources such as coal, iron ore, gas, tin, tungsten, mercury, manganese, aluminum, zinc, lead, uranium,rice,coffe bean plants. The quality of some of the resources may not be as good as other countries which are why there are many of these resources imported into

China. They mix their own with the imported resources to make it more usable. SOURCE: Chinas major industries are: world leader in gross value of indust rial out put ; min ing and o re processing, iron, st eel, aluminum, and ot her met als, coal; machine bu ild ing ; ar mament s; t ext iles and apparel; pet roleum; cement ; chemicals; fert ilizers; consumer product s, including foot wear, toys, and elect ronics; foo d pro cessing; t ransport at ion equipment , including automobiles, rail cars and lo co mo t ives, ships, and air craft ; t eleco mmunicat ions equipment , commercial space launch vehicles, sat ellit es. So urce: CIA Fact book Majo r primar y product s made in China are as fo llows : Aluminum, Antimony, Asbestos, Bauxite, Coal, Copper, Cotton, Fish, Iron Ore, Jute and Hemp, Lead, Livestock, Manganese, Mercury, Oil and Natural Gas, Phosphate Rock, Rice, Salt, Soya Beans, Sugar Beets, Sulfur, Tea, Timber, Tin Ore, Tobacco, Uranium, Wheat, Zinc. Source: Altapedia

The external dept of China is $635.5 billion (31 December 2011 est.) Source: CIA Factbook The Net official development assistance and official aid received (US dollar) in China was 1,131,650,000.00 in 2009, according to a World Bank report, published in 2010 Source: Trading Economics