2. INTRODUCTION
• India & china are two Asian of giants.
• India was under the colonial rule of the
British for around 200 years.
• There was no such instance of
colonization in china.
3. ECONOMIES OF BOTH COUNTRIES
INDIA
•Mixed economy
•Foreign trade and foreign
investment are essential part of
Indian economy.
•Fastest growing economy
•World’s second largest labor
force
CHINA
•planned economy
•Private business has many
restriction.
•Privatization of farmland
•Promotion of foreign investment
•Developing small scale
entrepreneurs
4. GROWTH STORIES OF INDIA AND
CHINA
INDICATORS
Political system
Speed of growth
Area of
specialization
INDIA
Multi-party democracy
Economic reforms
started in 1994.
Average 6% growth rate
in past two decades.
Rising power in
software, designing,
service and IT industry.
CHINA
One- party rule.
Economic reforms
started in 1978.
Average 9.5% growth rate
in past two decades.
Dominant in mass
manufacturing,
electronics and heavy
industries plants.
5. COMPARISION OF GDP
GDP
GDP(purchasing power
party)
GDP(real growth rate)
GDP(per capita)
Population(below poverty
line)
Inflation rate(consumer
price)
Labour force
Unemployment rate
INDIA
$4.492 trillion(2011 est.)
$4.735 trillion (2012 est.)
6.8%(2011 est.)
5.4%(2012 est.)
$3,700(2011 est.)
$3,900(2012 est.)
29.8%(2010 est.)
8.9%(2011 est.)
9.2%(2012 est.)
498.4 million(2012 est.)
9.8% (2011 est.)
9.9% (2012 est.)
CHINA
$11.49 trillion(2011 est.)
$12.38 trillion(2012 est.)
9.2%(2011 est.)
7.8%(2012 est.)
$8,500(2011 est.)
$9,100(2012 est.)
13.4%(2010 est.)
5.5%(2011 est.)
3.1(2012 est.)
795.4 million (2012 est.)
6.5% (2011 est.)
6.4% (2012 est.)
6. COMPARISION OF GDP
GDP
Budget
Industrial production
growth rate
Exports
Export partners
Imports
Imports partners
INDIA
Revenue $171.5 billion
Expenditures $281 billion
(2012 est.)
4.8% (2011 est.)
$305 billion (2011 est.)
$309.1 billion (2012 est.)
UAE 12.7%, US 10.8%,
china 6.2%, Singapore
5.3%, Hong Kong 4.1%,
(2011)
$490 billion(2011 est.)
$500.3 billion(2012 est.)
China 11.9%, UAE 7.7%,
Switzerland 6.85%, Saudi
Arab 6.1%, US 4.9%(2011)
CHINA
Revenue $1.838 trillion
Expenditure $2.031 trillion
(2012 est.)
13.4% (2012 est.)
$1.899 trillion (2011 est.)
2.021 trillion (2012 est.)
US 17.1%, Hong Kong
14.1%, Japan 7.8%, south
Korea 4.4%, Germany 4%.
(2011)
$1.74 trillion(2011 est.)
$1.78 trillion(2012 est.)
Japan 11.2%, south Korea
9.3%, US 6.8%, Germany
5.3%, Australia 4.6%
(2011)
7. COMPARISION OF GDP
GDP
Reserve of foreign
exchange gold
Current balance
account
INDIA
$297.9 billion(31
December 2011)
$287.2 billion(31
December 2012)
-$46.91 billion (2011
est.)
-$80.15 billion(2012
est.)
CHINA
$3.213 billion(31
December 2011)
$3.549 billion(31
December 2012)
$201.7 billion (2011
est.)
$170.8 billion (2012
est.)
12. AGRICULTURAL SECTOR
INDIA
Growth of service sector is
pushing down the contribution of
agriculture.
Contributing 17.2% of the GDP.
Largely depends on monsoon.
Provides employment to two-third
of the total population.
CHINA
330 million over 45% of labour
force still make living from farming.
Agriculture accounted for 10.6%
of the GDP.
Farming method has been
improved in china.
Only 15% of the total land
available in china can be cultivated.
13. MANUFACTURING SECTOR
INDIA
Manufacturing contributes
around 15% of GDP of the
country.
India ranks among top 12
producer of manufacturing
value added products.
CHINA
Chinese manufacturing sector
accounts for 43% of Chinese
economy.
Chinese manufacturing sector
rank 4th in the world after US,
Japan and & Germany.
14. SERVICE SECTOR
INDIA
54% of GDP.
Since 1978 to 2011:
Average annual growth rate is 8.1%.
Employment opportunities:
LOW
Most advanced service sector:
Delhi with GDP share of 77
CHINA
Below 41% of GDP.
Average annual growth rate is
10.8%
Employment opportunities:
HIGH
Most advanced service sector:
Beijing with a GDP share of 61%
15. INDIA’S PROBLEM
• Poor Infrastructure.
• Insufficient investment.
• Corruption all level.
• High level of debt.
16. CHINA’S PROBLEM
• Over population and Unemployment.
• Growing income inequality.
• Undervaluation of Yuan.
• Shortage of power.
17. CONCLUSION
There are various issues where India is
ahead of china and various issues which
leads china.
These all issue create difference between the
two economics but at the same time by
promoting various advanced technologies
and renewable energies the solution can be
found to their problems.
