china-21cn

The economic of the People's Republic of China is big to the fourth by nominal GDP conversion in the world and name GDP 2,680,000,000,000 of 2006 are big with the US dollar, but it is it with the about 2000US dollar (the conversion by the purchasing power parity, 4560US dollar) when they convert it into name GDP per one and is still low at the world standard (2005, the 110th place out of 183 countries).
However, the economy of the People's Republic of China continues growing up rapidly.
In 2005, the private sector occupies 70% of the Chinese GDP, and the public ownership section is ruled by utilities, heavy and chemical industries, about 200 large-scale state-owned enterprises such as resources / the energy.

I adopt a reform opening route in the eleventh three General Meeting of the Central Commitee of December, 1978, and, the Chinese government continue reform to the economy of the market point type from a planned economy.
This economic system is called "socialism market economy (en/zh) with the Chinese characteristic", and the economic system of the People's Republic of China is capitalism and mixed economy of the socialism.

As a result of economic reform of 1978 years, I succeeded in hundreds of millions of Chinese people escaping from a poverty line.
53% of the population were less than a poverty line in 1981, but it was just and decreased to 8% in 2001.
The Chinese government changed it of agriculture to production responsibility system from the former commune and increased the authority of the local government in the industry and admitted service trade and various small-scale companies (volost Shizu company) in the light industries and threw economy open to increase trade with the foreign country and investment.
The government emphasized the introduction of a new management system to help with a personal income and increase of the consumption and productivity improvement.
The point that argued for the accuracy of statistics of the Chinese government was left, but the economy of the People's Republic of China grew up to 10 times of 1978.

When countries civil war was finished in 1949, and the People's Republic of China was done the founding of a country of, the Chinese government adopted heavy and chemical industries development strategy.
Give top priority to rapid industry; while had it, the consumption was reduced.
The Chinese government controlled many parts of the economy and distributed resources to the construction of a building and a new factory, and new industry was brought about.
It was to have supported economic growth to be more important.
Inflation was controlled at the end of 1950 by a budget and the severe limit of the money supply.
In addition, People's Republic of China land reform method was promulgated on June 30, 1950 when there was not the interval by the founding of a country.
The voluntary struggle for the landowner of farmers was combined with guidance from the government, and it was declared when "the land reform was already completed basically nationwide for a range in spring, 1952".

The Chinese economy was restored from Japan-China War, damage of the economy by the countries civil war in this way.
The GDP per one matured into only only 17% in 1960's, too.

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