www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China facing long way from world's No 1 economy

(Xinhua) Updated: 2014-05-05 13:57

BEIJING -- As the speculation over when China will overtake the United States as the world's largest economy rumbles on, China is more aware of the quality of its economy, rather than the sheer size.

China's GDP was nearly 87 percent of the United States in 2011 based on so-called purchasing power parity (PPP), said a World Bank report in the past week, and headlines across the globe duly began trumpeting that more than a century of American economic dominance was all but over.

China has dramatically outpaced the?US in economic expansion in recent years, with their latest GDP growth rates in the first quarter of 2014 standing at 7.4 percent and 0.1 percent respectively.

But in real terms there remains a tremendous gap. Last year, China's GDP was estimated to be $9.3 trillion? while the?US reached $16.8 trillion.

The PPP measurement takes into consideration the purchasing power of a country's currency rather than market exchange rates, but is a hypothetical calculation that assumes one price level across all countries.

PPP is widely seen as of secondary relevance for most business and financial market purposes, and it is worth noting that China's National Bureau of Statistics has expressed reservations about the methodology used, refusing to publish the headline results for China, according to the World Bank report.

Per capita GDP is more relevant to the Chinese people, 1.3 billion of them. By that measure, China is still far, far behind the industrialized world in economic output and all other economic indicators.

Absolute figures reveal little of the differences between the Main Streets of China and others. This country has come a long way, but it remains undeniably a developing country with too many fish to fry.

Some challenges confront China enough, threatening its development sustainability and compelling the country to think less about growth.

For example, in the iron and steel industry, once the country's backbone, overcapacity is severe and filthy foundries are eating up energy and polluting the environment. It is simply no longer viable to prop up production in the name of good output numbers.

Indeed, China has arrived at the conclusion that it is time to part with GDP obsession - something worth drawing a lesson or two from, for those who have yet to take notice.

China facing long way from world's No 1 economy

China facing long way from world's No 1 economy

Economy shows 'optimistic changes': Li

Manufacturing under lingering pressure? 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 免费观看日本高清a毛片 | 黄色福利站 | 99久久综合给久久精品 | 九九精品在线视频 | 欧美日韩亚洲视频 | 91精品一区二区三区在线播放 | va欧美 | 久久免费在线视频 | 亚洲男同视频网站 | 女人野外小树林一级毛片 | 国产激情久久久久久影院 | 国产精品一久久香蕉国产线看 | 亚洲视频在线观看视频 | 精品在线看| 中文字幕巨乱亚洲 | 成人在线免费观看网站 | 美女被免费视频的网站 | 国产香蕉尹人综合在线观 | 精品国产综合区久久久久久 | 美国做受三级的视频播放 | 成年人视频网站免费 | 欧美一级毛片片免费 | 亚洲精品字幕一区二区三区 | 亚洲一区二区三区一品精 | 自拍偷拍二区 | 国产一区二区免费不卡在线播放 | 欧美乱大交xxxxx在线观看 | 盗摄偷拍a在线观看 | 欧美一区二区三区在观看 | 韩国毛片一级 | 26uuu天天夜夜综合 | 日本特黄网站 | 国产三级黄色片 | 国产片在线观看狂喷潮bt天堂 | 国产精品吹潮在线播放 | 国产精品自拍一区 | 亚洲欧美激情在线 | 免费一级毛片女人图片 | 性欧美video另类bd | 久久高清免费视频 | 国产精品久久久久久久久久久威 |