What Do You Know About The Economy Of China?

Beijing is the capital of the China. China is an active participant in the world's economy. It is contributing 4 percent to the gross domestic product of the world. The gross domestic product is 9.5 percent in 2004 and 9 percent in the year 2005. The country economy is growing very rapidly it good economic indicators depends on the stable domestic consumption, suitable environment for the foreign investors. China has become the member of World Trade Organization in 2000. It is the world's largest exporter in the world.  

The foreign investment has reached at the record level of 60 billion dollars.  Seventy percent of the total population of China is living in rural world.  It is the highest producer of cotton, wheat, potatoes, mutton, rice and pork. The contribution of the gross domestic product is 15 percent by the agriculture sector. China is rich in minerals.  Chine is second biggest consumer of oil in world. The private sector is growing very rapidly. The trade partners of China are Japan, United States, and Hong Kong, Taiwan.  The imports include steel, electronic components and hydrocarbons. The Chine is one of the good tourist places and attracts large number of tourists. It is the very large in area and has second largest population in the world.