China’s Strengths and Weaknesses in the World Economy
Abstract
: In face of current economic crisis, China’s economy still keeps an increasing development trend, which mainly depends on China’s strengths in the world economy. It can be seen that many enterprises in China also face the problem of bankruptcy, which maybe related to Chinas weaknesses in the world economy. In this paper, we firstly analyzed China’s strengths in the world economy. China’s strengths in the world economy mainly include the achievements obtained in the reforming and opening, an effective and right Chinese government, a quasi stable and standard financial market, a large domestic market especially the potential rural market and the low price labor force resource. Finally, China’s weaknesses in the world economy were addressed. The huge population with low per Capital GDP, the export dependants for small and medium enterprises, the international trade barrier, the existing problems in current financial market, and the big difference between the city and countryside are the main weaknesses for China’s economy in the world.
Contents
Abstract 1
Introduction 3
Finding 3
China’s Strengths in the World Economy 3
First, the achievements obtained from reforming and opening provides a base for Chinese economy development. 3
Second, the right government is the necessary guarantee for China’s economy development. 4
Third, the stable and standard financial market is coming into being in China. 4
Fourth, the potential large domestic market provides the opportunity for China’s economy development 5
Fifth, the low price labor force has potential power to develop China’s economy. 5
China’s Weaknesses in the World Economy 5
First, China’s huge population is a key problem to limit the level of per capita GDP. 6
Second, the dependent on the export limits the development of many small and medium enterprises. 6
Third, the trade barrier is a key factor to limit China’s economy development. 6
Fourth, the financial market also has some development problems. 6
Fifth, the big economy development difference for the rural market and countryside market is a important problem of limiting China’s economy development. 7
Conclusions 7
References 7