China Case Study
...countries in the world. It has an area of about 9.6million square kilometres which comprises about 6.5 per cent of the world total land area. Its population of more than one billion accounts for
23 per cent of the world's total population. It is also the largest developing country in the world with an average economic growth of more than 9 percent for the past decade. China has the typical features of dual structure as a developing country with a big population and a weak economic foundation, China is one of the countries having within it the widest gap of the natural and geographic conditions as well as the population and resources distribution in the world. It is also one of the countries with the sharpest discrepancy of development between the urban and rural areas and among different regions.
China is the fourth largest economy in the world, but because it also has the largest population in the world (China's total population exceeds the combined populations of Europe, South America, United States and Japan) the per capita GDP is only USD 1,700, which is below the 100th in the world. China holds only seven per cent of the world's cultivated land and 22 per cent of the world's forested land. The development of agriculture plays a significant role for economic development in China as it needs to feed such a vast population. China also has a very ageing population it is estimated that there will be 170 million retirees by 2020.
Moreover, life expectancy at birth in China has reached seventy-one years, the infant mortality rate has fallen to 26 per 1,000 live births, and the literacy rate of those aged fifteen or above has reached 90 percent. Foreign investments in China continue to increase. Foreign investors poured $10.1billion into China in 2002 and increased it to $63 billion in 2006; China currently has a total of $1 trillion in foreign reserves.
The...
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