Time in China is three hours later from Pakistan. If there is 9:16 am in Pakistan, then in China time will be 12:16 am. The date is the same in both countries. China is legally the most well-known Country with a population of almost 1.4 billion. China enfolds 9.6 million square kilometers. It is on number 3rd and 4th when we compared on the number of Area a country has. China is extremely rich when we talk about coal, oil, and natural gas. Besides all the fossil fuels, China is a great producer of aluminum, magnesium, antimony, salt, talc, barite, gold, graphite, fluorspar, coal, cement, mercury, lead, steel iron, molybdenum, phosphate, rock, rare earth, tin, tungsten, bismuth, and zinc.
Innate raw material in China
China’s innate raw materials are from fisheries to minerals to rivers and seas. Despite the rich natural substances that are present in China, the number of people and equal division of these innate raw materials are still challenging China. But as we all know that when China came to know about these raw materials, they take out all the resources, and now the country is becoming very powerful and the economy of this country is increasing.
China found raw material and alloys
China has a large amount of coal, oil, and natural gas. In spite of all these China also produces a large amount of aluminum, magnesium, antimony, salt, talc, barite, gold, graphite, fluorspar, coal, cement, mercury, lead, steel iron, molybdenum, phosphate, rock, rare earth, tin, tungsten, bismuth, and zinc. In China, there is a trade of antimony, barite, rare earth, fluorspar, graphite, indium, and tungsten. All of this allows the world to dig the earth by domestic means for zinc, gold, lead molybdenum, iron ore, and coal.
Resources for water; Rivers and Rainfall
In China, there are a large number of mountains that very high and a large number of very powerful rivers. These rivers and mountains give a large amount of energy to produce electric power with the help of water. The best energy that is present in China to produce electricity with the help of water is present in southwest China. This results in the production of electricity in those areas where the coal resources are very low. The project in which the narrow passage through land especially is involved is called as Gorges Project. This type of project was done on the Yangtze River, and it reached at it full speed in 2012.
This project takes 32 turbine generators and two more generators that give the project 22500 megawatts of electricity. The electricity that is produced with the help of water can produce 378 million kilowatts of energy for China. The minimum rainfall that occurs in China is almost 20 trillion cubic feet of water. From this total amount, almost 9 trillion cubic feet of water is used as a raw material. China is at number 6 when we compare the raw materials that this world has. China was in 6th position among the countries like Brazil, Russia, Canada, the US, and Indonesia.
Agriculture; products that are produced from the land
In China, 10 percent of the whole of China is just farming. In farms, the large number of product that is produced is rice, wheat corn and a huge amount of barley, soybeans, tea, cotton, and tobacco. This country has become the head of the whole world as it produces pigs, chickens, and eggs. China also has a flock of sheep and cattle. The population of the whole country, 25 percent people of the whole world, strictly depends upon the agricultural resources of China. In China, as it is a progressed country some machines are useful for agriculture and all these machines do farming. But with machines, there is also labor, that helps in forming agricultural products.
Fish farming and fishing
China has a culture of freshwater, salt with water containing fishes and all the water bodies. China has become the head of the whole world in a process of doing fishing and water culture. A large number of areas are very useful for marine fishes and water bodies or forming a fish as a collection. This is a usual practice of China as they do agriculture in ponds, seas, and many water techniques. In South China, the fishing job has been increased very fastly as other fishing resources have been eradicated.
Forests and other plants; wildlife
With all the mentioned resources, China has become very famous as it has a huge number of variable ecosystems. Many rare and different types of organisms are found there in China. These include a huge panda, golden-colored monkey, white-flag dolphin, met sequoia and the dove tree. All these animals/organisms are found there. China also has formed a large number of parks and protects these ecosystems and preserves them. These preservations also give an improvement in local economies by motivating tourism. In the past large amount of China’s forests were wiped out. Many rural areas were not deprived of all the plants. China has been replanting and improving the forest areas.
Articulacy rate in China
In China, people are very sensible and they know the worth of education. So, the literacy rate in China is very high. For 2018, the literacy rate was 96.84%, there was an increase in this percentage by 1.72% from 2010. In 2010, the literacy rate of China was 95.12%. There was an increased rate of 4.2% from 2000. As the literacy rate for China in 2000 was 90.92%. In this percentage, there was an increase of 13.14% from 1990. The literacy rate of 1990 was 77.79%, as in 1982 there was a literacy rate that is less than 77.79% by the margin of 12.28.
China and the World economy
The world’s and China’s economies revolve around each other. This is because China is the largest country and is doing very well in the economy. This was China, which changes the whole game of economy in the whole world. This country became the cause of revolution. Since 1979, China has been improving its techniques, economy, and future growth.
China’s improvements since 1979
China started its reform in 1979 and it has been improving till today. China also maintained its annual growth of 9 percent between 1979 and 1990. At the end of that year, i.e. at the start of 2000, many of the researchers believe that China could not maintain this growth as this country does not have any resources that will help them. But China’s people worked very hard and the improvement in the economy in 1990-2010 was 10.4 percent. In the world’s ranking charts, China has improved exceptionally very great. This was a surprising match between the lowest performance of other countries and the previous Soviet Union. As a result of this great performance, there has been an extraordinary change in China’s status.
Introduction of Economic improvements
In starting, China launched many improvements. The government also started to give the price and other necessities to farmers, which form the farmers to sell a part of their farm in the market. Moreover, the government also formed four specific economic zones with the seashore to attract foreign investment, to improve the exporting, and improving the importing system of technologies to China. Other reforms, that were done in different stages slowly. On a provisional and local level, the government gives control to economic activities. This results in improving the whole country’s economy. Also, the local people were appreciated doing their own business.
Summary
China is the 3rd or 4th world largest country. China’s innate raw materials are from fisheries to minerals to rivers and seas. China also produces several aluminum, magnesium, antimony, salt, talc, barite, gold, graphite, fluorspar, coal, cement, mercury, lead, steel iron, molybdenum, phosphate, rock, rare earth, tin, tungsten, bismuth, and zinc. In China, there are a large number of mountains that very high and a large number of very powerful rivers. China has a culture of freshwater, salt with water containing fishes and all the water bodies. China has become the head of the whole world in a process of doing fishing and water culture. China has a culture of freshwater, salt with water containing fishes and all the water bodies. China has become the head of the whole world in a process of doing fishing and water culture.
Economic improvements till today
China’s growth has been gradually increasing from the past. In every 8 years, China’s growth rate has been doubled. The world’s economic slowdown was started in 2008. This also affected China’s economy. In the media, China’s news Channels were saying that due to this slowdown in the economy, 20 million foreigners go back to their homes because of losing their job. This year was the year of financial down for China as the growth rate in that year was 6.8 percent. The government of China returned with a bounce-back as they invested 586 billion dollars to improve the economy and aimed at improving the infrastructure of the country. The very next year, China improved a lot in 2010 as the growth rate was 9.7 percent.
But after this year, the growth rate of China decreased for collective six years. It was 10.6 percent in 2010 to 6.7 percent in 2016. In 2017 this rate was 6.8 percent but then slowed down in 2018 as it was 6.6 percent. The IMF’s April 2019, that outlook on the world economy said that Chin’s economy would continue to decrease if China and the US would not stop planning against each other. The economic organization, cooperation, and development also said that there are a lot of expenses for China to trade with the United States. If this will continue then there are chances that china’s GDP growth rate would increase.
Causes of China’s growth
There are two main things on which China has worked and form the success.
Investment on large scale
The productive rate was very high
These two things were supposed to be together when China was growing. These improvements cause great efficiency in the economy. This results in an increased production of output and the resources also increased for further investment in an economy. China has set an example for the whole world in saving resources and money for the upcoming time. When improvements were started in 1979, the savings that were done as a growth rate of GDP were 32%. These savings were done with the help of profits of SOE’s
Size of China’s Economy
The growth rate of China has been mind-blowing as people have started thinking that if China will overtake United State and become the ‘world’s largest economic power’. The real size of the economy of China is in debate these days. It has been measured in the form of dollars. As in 2018, the growth rate was normal as the annual income was estimated as 13.4 trillion dollars. This growth rate was 65.3 percent of the whole size US economy. This was just an idea that was given by IMF. Many people also think that converting the Chinese economy’s growth rate in dollars does not mirror the Chinese growth rate. This exchange only reflects the price of other countries. Via US dollars.
China as the largest manufacturer
According to World Bank China is the world’s largest manufacturer. In 2006 and 2016, there has been a great value that is added in the US and Japan manufacture by China. The gross value data mirror the actual value that has been earned. China’s gross income rate was 49.3 percent that has higher than the US level of gross income. Manufacturing plays a very important role in a country’s success. Chinese gross income should be high when it has to be compared with the US. As in 2016, China’s gross rate was 28.6 percent and the US growth rate was 11.6 percent. So, both of these gross incomes were almost equal to each other. In 2016, Global Manufacturing Competitiveness Index that was the international consulting firm, Deloitte declared China as the most competitive manufacturer. This was done from 40 countries of the world, based on a survey of global manufacturing executives. According to that survey, America i.e. the US was ranked as a second-most competitive manufacturer. This index thinks that the US will overtake China by the end of 2020.
Local companies
Local companies are now the essential challengers to get the share in China’s fastly growing Market. For the other countries people, it’s the time to get some benefit from this market. This is because the market is running very fastly by the old people. Chinese companies are constantly in news because of their strategies. In 2004 December, computer maker Lenovo declared that it was allotted 1.7 billion dollars to take IBM’s business. The previous year, China Electronics Company TCL takes 60 percent of investment in a combined business that contains the TV business of Thomson that belongs to France. Because of this trade, TCL obtained the brand icon of America’s business of TV called RCA.
Chinese companies are showing their presence on an international level. This thing should not be of surprise that many countries are trying to pull them down as China is going at no 1. Other people are getting insecure as they are going low since the day China has started getting a profit. A single challenge for China is just that all the western companies are trying to pull them down. 10 years ago, it was looking that Chinese Companies would defeat all the Western Companies.
China-Pakistan Economic Corridor (CPEC)
CPEC is the assembly of different projects that are being active in the whole country since 2013. Technically it was valued at 47 billion dollars but in 2020, the total worth of the China-Pakistan Economic Corridor is about 62 billion dollars. These different projects are inclined to fastly increase the economic rate of Pakistan. In this project, there is a modern transport system and a large number of energy projects i.e. to produce electricity. In November 2016, CPEC became slightly operational when Chinese shipment was delivered to Gwadar Port for the next marine delivery to Africa and West India. Some great projects were committed in 2017.
The mission of these projects is to expand motorways. This whole project was established in 2013, seven years ago on 22 May. The broad system of highways and railways is aimed at this project.
Frequently asked questions
1.How many amounts of raw material and alloys China contains?
China has a large amount of coal, oil, and natural gas. Despite all these China also produces several aluminum, magnesium, antimony, salt, talc, barite, gold, graphite, fluorspar, coal, cement, mercury, lead, steel iron, molybdenum, phosphate, rock, rare earth, tin, tungsten, bismuth, and zinc. In China, there is the trade of antimony, barite, rare earth, fluorspar, graphite, indium, and tungsten. All of this allows the world to dig the earth by domestic means for zinc, gold, lead molybdenum, iron ore, and coal.
2. What natural resources does china have?
In China, there are a large number of mountains that very high and a large number of very powerful rivers. These rivers and mountains give a large amount of energy to produce electric power with the help of water. The best energy that is present in China to produce electricity with the help of water is present in southwest China. This results in the production of electricity in those areas where the coal resources are very low. The project in which the narrow passage through land especially is involved is called as Gorges Project. This type of project was done on the Yangtze River, and it reached at it full speed in 2012.
This project takes 32 turbine generators and two more generators that give the project 22500 megawatts of electricity. The electricity that is produced with the help of water can produce 378 million kilowatts of energy for China.
3. How Chinese do farming as their country’s job?
Agriculture; products that are produced from the land
In China, 10 percent of the whole of China is just farming. In farms, the large number of product that is produced is rice, wheat corn and a huge amount of barley, soybeans, tea, cotton, and tobacco. This country has become the head of the whole world as it produces pigs, chickens, and eggs. China also has a flock of sheep and cattle. The population of the whole country, 25 percent people of the whole world, strictly depends upon the agricultural resources of China. In China, as it is a progressed country some machines are useful for agriculture and all these machines do farming. But with machines, there is also labor, that helps in forming agricultural products.
4. How China improved its economy since 1979?
China started its reform in 1979 and it has been improving till today. China also maintained its annual growth of 9 percent between 1979 and 1990. At the end of that year, i.e. at the start of 2000, many of the researchers believe that China could not maintain this growth as this country does not have any resources that will help them. But China’s people worked very hard and the improvement in the economy in 1990-2010 was 10.4 percent. In the world’s ranking charts, China has improved exceptionally very great. This was a surprising match between the lowest performance of other countries and the previous Soviet Union. As a result of this great performance, there has been an extraordinary change in China’s status.
5. What is the literacy rate in China?
In China, people are very sensible and they know the worth of education. So, the literacy rate in China is very high. For 2018, the literacy rate was 96.84%, there was an increase in this percentage by 1.72% from 2010. In 2010, the literacy rate of China was 95.12%. There was an increased rate of 4.2% from 2000. As the literacy rate for China in 2000 was 90.92%. In this percentage, there was an increase of 13.14% from 1990. The literacy rate of 1990 was 77.79%, as in 1982 there was a literacy rate that is less than 77.79% by the margin of 12.28.
6. What is the size of China’s economy?
The growth rate of China has been mind-blowing as people have started thinking that if China will overtake United State and become the ‘world’s largest economic power’. The real size of the economy of China is in debate these days. It has been measured in the form of dollars. As in 2018, the growth rate was normal as the annual income was estimated as 13.4 trillion dollars. This growth rate was 65.3 percent of the whole size US economy. This was just an idea that was given by IMF. Many people also think that converting the Chinese economy’s growth rate in dollars does not mirror the Chinese growth rate. This exchange only reflects the price of other countries Via US dollars.
7. What type of ecosystem does China have?
With all the mentioned resources, China has become very famous as it has a huge number of the variable ecosystem. Many rare and different types of organisms are found there in China. These include a huge panda, golden-colored monkey, white-flag dolphin, met sequoia, and the dove tree. All these animals/organisms are found there. China also has formed a large number of parks and protects these ecosystems and preserves them. These preservations also give an improvement in local economies by motivating tourism. In the past large amount of China’s forests were wiped out. Many rural areas were not deprived of all the plants. China has been replanting and improving the forest areas.
8. How Chinese do fishing?
China has a culture of freshwater, salt with water containing fishes and all the water bodies. China has become the head of the whole world in a process of doing fishing and water culture. A large number of areas are very useful for marine fishes and water bodies or forming a fish as a collection. This is a usual practice of China as they do agriculture in ponds, seas, and many water techniques. In South China, the fishing job has been increased very fastly as other fishing resources have been eradicated.
9. What are the main causes of China’s Economic growth?
There are two main things on which China has worked and get success.
Investment on a large scale
The productive rate was very high
These two things were supposed to be together when China was growing. These improvements cause great efficiency in the economy. This results in an increased production of output and the resources also increased for further investment in an economy. China has set an example for the whole world in saving resources and money for the upcoming time. When improvements were started in 1979, the savings that were done as a growth rate of GDP were 32%. These savings were done with the help of profits of SOEs.
10. Is China the largest manufacturer?
According to World Bank China is the world’s largest manufacturer. In 2006 and 2016, there has been a great value that is added in the US and Japan manufacture by China. The gross value data mirror the actual value that has been earned. China’s gross income rate was 49.3 percent that has higher than the US level of gross income. Manufacturing plays a very important role in a country’s success. Chinese gross income should be high when it has to be compared with the US. As in 2016, China’s gross rate was 28.6 percent and the US growth rate was 11.6 percent. So, both of these gross incomes were almost equal to each other. In 2016, Global Manufacturing Competitiveness Index that was the international consulting firm, Deloitte declared China as the most competitive manufacturer. This was done from 40 countries of the world, based on a survey of global manufacturing executives. According to that survey, America i.e. the US was ranked as the second-most competitive manufacturer. This index thinks that the US will overtake China by the end of 2020.
Conclusion
Time in China is three hours later from Pakistan. If there is 9:16 am in Pakistan, then in China time will be 12:16 am. The date is the same in both countries. China’s innate raw materials are from fisheries to minerals to rivers and seas. Despite the rich natural substances that are present in China, the number of people and equal division of these innate raw materials are still challenging China. China has a large amount of coal, oil, and natural gas. Despite all these China also produces several aluminum, magnesium, antimony, salt, talc, barite, gold, graphite, fluorspar, coal, cement, mercury, lead, steel iron, molybdenum, phosphate, rock, rare earth, tin, tungsten, bismuth, and zinc. In China, there are a large number of mountains that very high and a large number of very powerful rivers. In China, 10 percent of the whole of China is just farming.
In farms, the large number of product that is produced is rice, wheat corn and a huge amount of barley, soybeans, tea, cotton, and tobacco. China has a culture of freshwater, salt with water containing fishes and all the water bodies. With all the mentioned resources, China has become very famous as it has a huge number of the variable ecosystem. So, the literacy rate in China is very high. For 2018, the literacy rate was 96.84%, there was an increase in this percentage by 1.72% from 2010. According to World Bank, China is the world’s largest manufacturer. China started its reform in 1979 and it has been improving till today. China also maintained its annual growth of 9 percent between 1979 and 1990. Local companies are now the essential challengers to get the share in China’s fastly growing Market. For the other countries people, it’s the time to get some benefit from this market.
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