China's Alarming Stats

 China ranks since 2010 as the world's 2^nd largest economy after the United States. It has also been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of goods in the world.


At the same time China shows alarming situations in many areas. The western regions and the majority of the countryside are still poor; the living standards of workers and farmers are low; the majority of the population does not have social security; private enterprises have great difficulty moving forward; there are hardly any domestic brands; and technological education is stymied. Most of this is the result of the seriously imbalanced development of China's economy.

The government is rich, but the total amount of workers' salaries makes up only 12-15 percent of the GDP, which is far lower than the world average of 40-50 percent.