ppt on the comparison between india and china

1. Growth Story of
India and China
: A comparative
study
Group 3 : Roll no
135-156

2. INTRODUCTION
 The Indian economy and
Chinese economy are the
two fastest growing
economies in the world –
growing at a rate of 6.7%
and 6.8% respectively.
These two economies have
a lot in common like their
huge population and deep
cultural roots.

3.  India’s estimated GDP is around USD
2.434 trillion, while China is far ahead
with GDP of USD 12.240 trillion. It has
been observed in the recent past as well
that China’s GDP is consistently ahead
of India. India is running little behind to
china, even when we talk about per
capita GDP. Comparing both the Asian
countries, China has a labor force of
about
803.6 million, while India has
almost has half of it with
520.4 million.

4. Both these Asian giants have shown
several developments in different
sectors from early times, which
eventually contributes towards the rise
in the economy of both the countries.
However when it comes to comparing
the two, China usually stays on top.
Many economists point out that the
Chinese Government constantly
implies new policies , which certainly
has an impact in the first rising
economy. Both the countries are
putting in their best efforts to analyze
their core economic strengths and
gradually establish themselves as
the superpower in the World
Economy.

5. China and India account for almost
3 billion people, and has shown
rapid economic transformation in the
past few years.
There are multitudes of factors that
play a pivotal role in shaping the
economy of both the countries,
which would include social,
political and other factors. In
terms of exchange rates, the
economy of China is in the second
position, whereas Indian economy is
considered as the 11th

6. FEATURES OF CHINESE
ECONOMY
China has sustained high levels of GDP growth for a long
period (despite of the global
economic slowdown) although the
trend has slowed down.
The target growth for 2018 is 6.3 %
As the “factory of the world”
China accounts for exports
worth $ 2 trillion.
China’s economy has
experienced a transformation over the last 30 years and
much of this growth is due to substantial investment in
infrastructure- particularly transportation projects and
residential and commercial property.

7.  The economic transformation of China since
1990 has led to a significant change in the
employment structure. The number of
people working in the primary sector has
fallen by almost 125 million.
 An impact of ageing china has led to wage
costs rise significantly as a result of which it
is no longer the best source of low labor cost
production.
 The growth of mobile phone ownership and
internet connectivity is also an example of the
impact of economic growth on consumer
activity in china

8. FEATURES OF
INDIAN ECONOMY
India the fastest growing economy
has a target growth rate of 7.1 %
Agriculture being the backbone of the
economy. With 47% of the labor force
employed accounts for only 17 % of
the GDP.
Increasing growth rate of economy
resulting due to skilled labor force
and young population
thriving hard.

9.  The youngest country India has a youth
population of 41% in the workforce and is now
the best source of labor production in the
world.
 Being a developing country with great level of
economic well being, India has earned an
emerging market for other players. With a
constant growing GDP rate it has kept its
position and transformed itself to a lucrative
spot for other economies to invest.

10. INDIA VS CHINA

11. Basis India China
Economy size
Growth rate
GDP by sector -
$2,434 trillion
7.1 %
Agriculture; 17.32%
Industry- 29.02%
Services- 53.66%
$12.240 trillion
6.3 %
Agriculture – 8.6%
Industry- 39.8%
Services- 51.6%
Unemployment rate
Human development
index
5%
0.735
3.79%
0.624
Main industries Textiles, chemical,
steel, cement,
Machinery , software
Mining, iron, steel
manufacturing,
textile, chemical
Economy type Mixed Socialist

12. SIMILARITIES

13. DEMOGRAPHIC
DIVIDEND-
 Demographic dividend occurs when the
proportion of working people in the total
population is high because this indicates
that more people have the potential to
be productive and contribute to
growth of the economy
 it is “a boost in economic productivity
that occurs when there are growing
numbers of people in the workforce
relative to the number of dependents.
 In near future India will be the largest
individual contributor to the global
demographic transition

14. ONE CHILD POLICY VS
DEMOGRAPHIC DIVIDEND
 The one-child policy was a population
planning policy of China. According to the
Chinese government, 400 million births
were prevented. this one child policy
created an ageing population
 one adult child was left with having to
provide support for his or her two parents
and four grandparents called the "4-2-1
Problem", this leaves the older
generations with increased chances of
dependency on retirement funds or
charity in order to receive support.

15. AGE
GROUP
INDIA CHINA
O-14 28..9% 16.5%
15-69 62.8% 73%
60 + 8.3% 10.5%
(2017)