The 2010s - A lost, instead of blossoming decade for China?

The financial crisis of 2008 is now a debt crisis due to the real estate market and the huge bubble of banks and governments that are highly utilized and is still an important part of the global political debate. Many employees are unemployed and many companies are going bankrupt, but one country seems to have removed all the difficulties and continues to grow at an excellent rate. In 2009, China's GDP increased by 9% (www.cia.gov), but all other economies faced a serious recession.

It is not surprising that SFT is not constructed, coupled with all these tasks. But over the past decade, academic research on this subject has flourished. Since 2010, Staten Vegvesen of the Norwegian Roads Authority has extensively invested in various SFT pre-feasibility studies. It is not surprising that Norway is particularly fascinated by the concept of SFT given that many of the narrow fjords are too wide to cross the tunnel (there are several bottoms at 1,300 meters above sea level). Korea and China also showed interest in this concept.

China's consumption market is the fastest growing market in the world in the first decade of the 21st century, according to the report of the State Statistics Bureau of China in late 2010. Although the proportion of population of imported luxury markets may be small, it will be "turn into millions of wealthy customers" ("China Daily", 7th October 2010). China's fast-growing consumerism model and its increasingly integrated world economy are well known, but the difference between China and many other countries is due to the dramatic change in the country's ideological environment Thing. In the decade before the economic reform in the latter half of the 1970s, China not only consumed low levels but also virtualized austerity policy in the officially sponsored extreme self-denial atmosphere (Hooper 1985 ). Since the 1980s, this austerity policy has not only been encouraged by China and foreign producers, it has replaced consumerism also encouraged by the Chinese government.

After economic reform at the end of 1977, China's economic outlook for the past 30 years is very important. It is headed towards a market-oriented economy (Economic Review 2010). GDP increased by 10.5% in 2010, averaging 574.5 133 billion dollars. It is expected to increase to 11.79% in 2011, to $ 642,222 billion. According to forecasts, by 2015 China's GDP will reach US $ 928.88 billion, which is expected to grow from 10 to 12% annually from 2010 to 2015 (Economic Review 2010). Agricultural products boosted China 's GDP growth rate. In 1980, the proportion of agricultural output as a percentage of GDP rose from 30% in 2000 to 33%. This figure declined in 2002, accounting for 15.4% of GDP. It declined further to 10.9% in 2010. According to the forecast of 2015, China's unemployment rate is expected to maintain 4% (Economic Review 2010). See Figures 1 and 2