The document discusses China's economic developments and problems. It covers China's economic reforms under Mao Zedong, Deng Xiaoping, Jiang Zemin, Hu Jintao and Xi Jinping. Key achievements include average GDP growth of 9.5% from 1980-1990s, making China the world's second largest economy. Economic reforms transitioned China from a planned to a market economy and brought hundreds of millions out of poverty. However, problems still exist such as income inequality, employment, and environmental damage.

1. Zhuang Rui, UIBE 111
China’s Economy:
Developments and Problems
Professor Zhuang Rui
UIBE
1

2. Zhuang Rui, UIBE 22
China’s Economy:
Developments and Problems
 I. Chinese Economic Reform and Open
 II. Achievements and Social Evolution
 III. Some problems

3. Zhuang Rui, UIBE 33
I. Economic Reform and Open
 Mao’s Era (1950s-1970s)
 Deng’s Era (1980s-1990s)
 Jiang (1992-2002) and Hu (2002-2012)
 Xi (2012-)

4. Zhuang Rui, UIBE 44
I. Economic Reform and Open
Mao’s Era (1950s-1970s)
Soviet-Style Economic
Management System
( Planned Economy )

5. Zhuang Rui, UIBE 55
I. Economic Reform and Open
 Deng’s Era (1980s-1990s)
---Economic Reform:
( Planned Economy --- Market Economy )
---Open Policy:
( Foreign trade; FDI; SEZ )

6. Zhuang Rui, UIBE 66
Jiang (1989-2002) and Hu (2002-2012)
 Inherited “Deng XiaoPing Theory”
 Reform and open policy is going
on, more deeply and broadly
 Hu:
---Scientific concept of development
---Harmony Society / World
 Xi: Urbanization

7. Zhuang Rui, UIBE 7
II. Achievements
 GDP: 9.5% per year (1980-1990s average)
 From 2001-2007, China's GDP grew by
10.5% every year.
 2008: 9% 2009: 8.7%
2010: 10.3% 2011: 9.2%
2012: 7.8% 2013: 7.7%
2014: 7.4% 2015: 6.9%

8. Zhuang Rui, UIBE 888
Achievements
 Thirty years of reform and opening up have
brought about historic changes in China's
development -- the planned economic
system has been smashed gradually and a
market economic system has basically
shaped up, creating a rocketing economy
that is now the second largest in the world.
( By GDP2007, US Japan Germany China)
( By GDP2010, US China Japan)

9. Zhuang Rui, UIBE 9
Achievements
 The World Bank hailed China's
reform and opening-up drive as the
largest poverty reduction campaign
ever launched in world history.
 China was particularly recognized for
reducing the number of rural people
in abject poverty.

10. Zhuang Rui, UIBE 10

11. Zhuang Rui, UIBE 1111
III. Some problems
 Chinese population: 1.3 bln
(70% rural + 30% urban)
 Rural Area = 900 mln peasants
 Income Gap
 Employment
 Environmental damage

12. Zhuang Rui, UIBE 12
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