Government and Economics in China

Introduction China is one of the most populous countries in the world with a population of more than 3 billion people and a geographical area of ​​about 6 million square kilometers. Located at the eastern end of the Asian continent, there is a very long coastline. The economy is huge because there are many populations, plentiful natural resources, especially mineral resources, form the core of the economy. The largest party of the Communist Party of China (CPC) has a constitutional constitution and China is undergoing reforms aimed at narrowing the gap between wealthy people and the poor.

Both China and Russia have very similar beginnings. Both countries are addressing or addressing Communism, Poverty, Unstable Government and Economic Issues. China is the country with the world's most populous population of more than 3 billion people and ranks first in exports of US $ 8.7 trillion in GDP. In contrast, Russia is the world's largest country, with the majority of resources and the sixth largest population in the world. It is important to understand the similarity between these countries and the direction of their development as they have similar starting points and economic possibilities.

In recent years, China has become a major economic player in international business. Although China is not fully immune to the global economic crisis, it can still contribute to the growth of the world economy. The Beijing government continues to focus on improving living standards and foreign policy by economy. These have benefited China from foreign direct investment. In order to maintain competitiveness, China needs to promote the value chain, a process that needs innovation to achieve independent product development. The expertise of technology transfer and management of foreign-affiliated companies will ultimately increase China's position as a player of the global economy. Finally, with the increase in foreign investment, Chinese management style may eventually emerge.

In the past 30 years, FDI has played an important role in China's rapid development. Economic reform in mainland China became the world's largest foreign direct investment destination and had a major impact on China's economic development. However, the distribution of foreign investment in China is very heterogeneous, and the total foreign direct investment absorbed by the eastern region is over 80%. The unequal distribution expanded the development gap between different regions. In order to eliminate the gap of regional development and improve inland economic development, the central government of China proposed the western development plan in 2000, but there seems to be imbalance still.