IS CHINA THE NEW CRONY CAPITALIST OF THE EAST??

CRONY CAPITALISM !! MEANS ?

Its belief is to claim the power, whether business or govt. and to stay in that.

Can be possible by creating network between govt. and business that suits each other, getting closer to the govt. officials.

SOCIALISM IN CHINA

"The path of socialism with Chinese characteristics is the only way for China to achieve socialist modernization and create decent lives for its people

Quoted by Hu, the CHINESE PRESIDENT.

SOCIALISM IN CHINA
Deng Xiaoping ARCHITECT OF NEW BRAND OF SOCIALIST THINKING. Developed socialism with chinese characteristics.

WHY SOCIALISM????
Becoz the socialist market economy has helped china remove poverty. China has developed enormously since the reform had been announced 30 years back.

Chinas Backbone Agriculture!!!

Primary Agricultural Products

Mechanization & Modernization

Agricultural Mechanization:

Growth Rate- 6.8 %

Ploughing- 55.4% Sowing-32.0%

Harvesting-25.1%
Advancement in Ag Science & Tech(1978-2005): Four aspects Ag Research Planting System Improvement Crop Farming Fertilizer Application

GOVERNMENT AG PLAN & POLICIES

The five year Plans Food Price and Marketing Policies- before 1998 Input price and Marketing Policies Technology development Policies Land tenure Policy

Anti-poverty Policy
Food and Ag Policies

AGRICULTURE EXIM OF CHINA (1980-2010)

5th largest Ag exporter & 4th Largest Ag Importer of World
Total Export value- was Up to US $31.42 billion an Increase of US $26.59 billon Vegetables, aquatic products, fruits ,tea etc. Total Import value- was Up to US $32.08 billion an increase of US $25.32billion Oil seeds,cotton,edible vegetable oils,live stock etc.

Contribution to GDP %age.

Ag contribution in GDP
USA Japan Russia China 1.20% Ag contribution in GDP 1.40% 4.70% 10.90%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00%

HEALTH SYSTEM
Chinese people generally are living longer.
China is facing a double challenge. Western style medical facilities with international and local staff
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BIRTH RATE

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DEATH RATE

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INFANT MORTALITY RATE

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AN EDUCATION ISN'T HOW MUCH YOU HAVE COMMITTED TO MEMORY, OR EVEN HOW MUCH YOU KNOW. IT'S BEING ABLE TO DIFFERENTIATE BETWEEN WHAT YOU KNOW AND WHAT YOU DON'T.

EDUCATION

EDUCATION
Chinese children typically start their formal education at age two. Chinese citizens must attend school for at least nine years. China has about 400 million students today. Today, China has over 2,000 universities and colleges. China has built the largest higher-education sector.

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EDUCATION

A HUMAN BEING IS NOT ATTAINING HIS FULL HEIGHTS UNTIL HE IS EDUCATED.

INFRASTRUCTURE
Five year plans (1953-1957 to till date) Foreign investment FDI investment

Home infrastructure

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RAILWAYS

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ROADWAYS

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UNEMPLOYMENT RATE

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INDUSTRIAL PRODUCTION GROWTH RATE

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EXPORTS

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IMPORTS

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GOVERNMENT INTERVENTION
IF THE GOVERNMENT WANTS TO DO SOMETHING, IT WILL BE DONE NO MATTER WHAT THE CONDITIONS ARE.

THINK..!!
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SUPER PROJECTS

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ECONOMIC GROWTH
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GDP OF CHINA
China has the fastest growing major economy.

The per capita GDP in China is $3,300 in 2008, one 14th of the $46,0000 per person output in United States, and was projected to reach $3,600 in 2009.

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GDP in China was $4.91 trillion in 2009, compared to $14 trillion in the United States.

The limited resources available for investment prevented China from rapidly producing or importing advanced equipment. In terms of GDP China overtook Britain and France in 2005 and Germany in 2007. In 2009, China surpassed Germany to become the worlds largest exporter.
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GROWTH &INFLATION RATE

The unemployment rate in China was 4.9 percent in February 2010
4.2 percent in urban areas in 2005. Savings Rate: 49.7 percent of GDP, the highest in the world.

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THANK YOU