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The Rise Of China

The Rise Of China: Since World War II, China’s economy has grown massively. Economic growth took off in the 1980s, and today China is a Superpowerful global Economic center. Created by Global(World) History Project.

Since China began to open up and improve its economy in 1978, GDP(Gross domestic product) growth has averaged over 9% a year, and more than 0.8 Billion(800 Million) people have lifted themselves out of poverty.

There have also been significant improvements in access to health, education, Industry, and other services over the same period.

China has now Become an upper-middle-income Economic country. It will be important going forward that inadequacy alleviation efforts increasingly shift to addressing the amenableness faced by the large number of people still considered poor by the standards of the middle-income countries, including those living in urban areas.

What’s the secret of China’s rapid economic growth?

There are several reasons for China’s growth:

  • Culture: The Chinese culture is an important factor. They have a strong link to the past. They are hard workers and they are open to any new ideas.

China is a multi-religious country. Taoism, Buddhism, Islam, Protestantism, and Catholicism have all grown into their culture-shaping neighborhoods during Chinese history.

Taoism, Confucianism, and Buddhism are considered as “3 pillars” of ancient Chinese society. The majority of the Buddhist believers are Han Chinese.

  • Education: Education is considered very important within society and families make great efforts to send children to higher education schools.

China has a long tradition of respect for its education. In fact, there is many families and societal pressure to do well academically. This has fostered education and rehabilitation throughout history at many levels.

  • Political Party: The political side of the government sets the vision for the country.

The operational side of the government (the bureaucracy) is not filled with politicians. It is filled with highly experienced technocrats to get their jobs through merit.

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