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China International market
Transcript of China International market
GDP: about 8000 billion dollars.
A gap between rich and poor. General overview of China and its inner economy China and its economy Human Rights:
Increasing repression against dissidents.
Many people victims of torture.
Obligation of confession and forced labor.
Child workers. Internal policy – laws
The influence of Communism still present
especially in the chinese’s constitution.
The marxism-leninism is still the referent ideology for the State.
Control of population and informations, censors, propaganda and fears use by the army Internal policy – global presentation Actual president: Hu Jintao
Politics Power divided in three parts :
- Communist party
- The State
- The Army Internal policy – global presentation 55 minorities in China Domination of the Han Ethnic repartition This economic power, combined with the importance of China’s exportations, is at the origin of many new issues in today’s world.
Rising prices of food.
New investments overseas.
New interdependences. China – its economy and its influence in the world China wants to attach Taiwan to the country.
Their relations were improved by an economic cooperation. Geopolitical issues Total area: 9,640,821 km²
Natural issues (typhoons, earthquakes...)
22 provinces with 5 autonomous regions and 2 special administrative regions. 中国 People's Republic of China China's industry Population: 1 442 872 065
Disparities of repartition
56 ethnic groups Domination of the Han GDP: 6 390 trillion $ GDP per person: 4 400 (IMF) GDP (PPP): 7 600 $ Median household income: 10 600 $ Main indicators The exchanges Exportation: 2 080,6 trillion $ Importation: 1 979,9 trillion $ Trade balance: 360 million $ China and investment A recent practice 2,8 billion $ in 2003 ==> 26 billion $ in 2011 1950-1976 : The Mao Zedong's area is quiet beneficial for the country : development of social infrastructures (food, drinkable water, health establishments). Evolution Distribution of GPD : 9,6% agriculture 46,8% industrial 43,6% Services 1976 : A rapid industrial restructuring : Deng Xiaoping leads the country to the market economy. Thus, China becomes the ‘’world workshop’’. 1976-2000 : lots of economic reforms and the country becomes the biggest area of relocation. Current industry Distribution of employees : 39,6% agriculture 27,2% industrial 33,2% services China's industry include : • mining and ore processing, iron, steel, aluminum, and other metals and coal
• consumer products, including footwear, toys, and electronics
• food processing
• machine building and armaments
• textiles and apparel
• transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft
• telecommunications equipment, commercial space launch vehicles and satellite Falling factory activity: industry's issues An inflation risk: "The risk is that if the economy continues to grow very rapidly, this inflation, which looks concentrated in food, starts spreading," said Rob Subbaraman, chief Asia economist for Lehman Brothers in Hong Kong.
China's central bank has raised interest rates four times already this year to try to control inflation A potential risk of an economic crisis: Among the pressing economic challenges confronting China's new leadership is the struggling global economy A slowdown in the domestic and export demand: Pollution: Stimulate domestic demand Solutions Long term plan to combate these issues The Chinese economy is expected to keep growing at about 8% annually for the next few years, and it will then slow to about 5%.
At this rate, by 2030, the Chinese economy would surpass that of the U.S Nuclear/alternative energy sources
A plan to spend more than 150 billion $ There are a multitude of trade and investment opportunities for exporters in the China market. Some of the major sectors currently experiencing rapid growth are: processed food and beverages, gambling, transport, IT and telecommunications, minerals and energy, environment protection, building construction products and services. Three of the major growth industries though are the exporting of education, processed food and wine products Opportunities is sliding Low domestic consumption Meeting Etiquette
Business Meeting Etiquette
Relationships & Communication
Business Cards Doing business in China Use a wok
Beer Food and Beverage Arranged by the couple’s parents
Men : 22 years old
Women : 20 years old Wedding 59% of the population has no religious affiliation
20% (Taoist and Confucianist)
6 % Buddhist
Most of people mix Taoism, Confucianism and Buddhism Religious Beliefs Writing:
The same for all dialects.
Approximatly 60 000 characters
Just 5000 used everyday Official language:
Mandarin Chinese (also called: Putonghua)
Hakka Linguistic Affiliation The urban unemployment rate in China was last reported `
at 4.1 percent in the second quarter of 2012
China’s job market has started to show signs of stress
Economic downturn in 2008/2009 ( Global crisis ) China's job market The system has an elite and a lower class
Society is divided into two main segments: the ganbu, or political leaders, and the peasant masses.
Weathy people live in the cities,
while the poor tend to be concentrated in the countryside. Class system With more than 1.3 billion people (1,336,718,015 as of mid-2011),
China is the world's most populous country
As the world's population is approximately 6.7 billion, China represents a full 20% of the world's population so one in every five people on the planet is a resident of China.
The majority of population is still rural
Forty cities have population over one million.
The largest city is Shangai, Beijing the capital is the second largest urban center. Démography Government income : 30% of GDP
Government expenditure : 9,79 trillion Yuan (= 1,560 trillion $)
Budget balance : 136,4 trillion $
National debt : 16% of GDP (plan for 2012)
Money (valeur) : yuan = 0,159152 $ Finance 90,000 people work on the dark side of the Net, the cyber criminal.
It cost at the local economy 5.36 billion yuan (£536bn) Underground economy China's unemployment rate was 4 % China’s economy Worker Abuse in Chinese Factories
Foxconn Technology Group, has come under scrutiny for mistreating its employees Mistreatment and abuses