Outro

Pradip
Robinson
Roshan
Ashmita
Sushil
Intro
 Outro
Pradip
Robinson
Roshan
Ashmita
Sushil
&

China
Role of
W rld Economy

Intro
 RNBO (Rise N’ Be Original)

Sushil Khatri
Robinson

Ashmita
Roshan

Sushil
Pradip
Outro

Ashmita Thapa

Intro
Roshan Sapkota
Robinson Gauchan
Pradip Khadka
 Know What To Expect:
1. World economy
2. Relationship between a national economy and world economy
Robinson

Ashmita
Roshan

Sushil
3. China’s Economy
Pradip
Outro

Intro
4. Trade Relations of China
5. China on its way to be the World Leader in Global Economy
6. Role of China in World Economy
7. Conclusion
 Outro
Pradip
Robinson
Roshan
Ashmita
ECONOMY

Sushil
Intro
What
is

?
Types of economy
 RELATION
BETWEEN NATIONAL ECONOMY
AND WORLD ECONOMY
 National
=World Economy = Human
Economy Civilization
Progress

= INFINITY
 China’s Economy
Currency: Renminbi Yuan (As of now 1 Yuan= $0.15 US)
Trade Organization Affiliation: WTO, APEC, G-20 and so
on.
Until 2015, China was the world's fastest-growing major
economy, with growth rates averaging 6% over 30 years
According to the IMF, on a per capita income basis
China ranked 71st by GDP (nominal) and 78th by GDP
(PPP) per capita in 2016
 China’s
Economic
Statistics
 GDP By Sector

Agriculture
9%

Services
52% Industry
40%
 Labor force by sector

Agriculture
28%

Services
44%

Industry
29%
 Export Goods

3%
2%

Agricultural products
Fuels and mining
products
Manufacturers
Others

94%
 Main export partners

United States
19%
Others
26%

India European Union

3% 16%

South Korea
4%

Japan
6%

ASEAN
Hong Kong 13%
12%
 Import Goods

5%
10%

Agricultural products
Fuels and mining
21%
products
Manufacturers
Others

64%
 Main IMport partners

European Union
13%

Others ASEAN
35% 13%

South Korea
10%
Russia
3% Japan
Brazil
4% 8%
United States Taiwan
7%
8%
 Outro
Pradip
Robinson
Roshan
Ashmita
…
Sushil
Intro
 Outro
Pradip
Robinson
Roshan

OF
HISTORY
ECONOMIC

Ashmita
Sushil
Intro
 Outro
Pradip
Robinson
Roshan
CHINA

Ashmita
Sushil
Intro
 Main Industries of China

Mining Ore Processing Coal Metals Electronics

Textiles Automobiles Food Processing Chemicals Apparel

Telecommunication Space Exploaration Toys Machine Construction

Equipment Equipment materials
Chinese Economic History
 Dec
isio 197
par n by 8
t c
refo y lead entral
rm ers t
C o
Eco hina’s
nom
y

197
rea
dju P
9
st me eriod
nt(1 of
97
198 9-
1)

198
Ref 0 S
orm
ope and
nin
g

199
Soc 0s
ialis
tM
Eco arket
nom
y
China’s Economic Reform

200
Priv pre 0s to
ate
p
se n
ow ropert
ner
t
ship y
Trade Relations of China
 Outro
Pradip
Robinson
Roshan

…
Ashmita
Sushil
Intro
 China
On Its Path
To Be
Robinson

Ashmita
Roshan

Sushil
Pradip
Outro

Intro
World Leader
In
Global Economy
 GD RANK GROWT
P H
$14.172 trillion
(nominal; 2019 1st-PPP
est.) 6.6%
$27.449 trillion 2nd-Nominal
(PPP; 2019 est.) GDP
 China On Its Path To Be World Leader
In
Global Economy
 emerging superpower status
 The term "Second Superpower" has been applied by scholars to the
possibility that the People's Republic of China could emerge with 
global power and influence on par with the United States
 By making massive trade and investment deals with Latin America and
Africa, China had established its presence as a superpower along with
the European Union and the United States.
 The United States is seen as a declining superpower as indicated by
factors such as poor economic recovery, financial disorder, high deficits
gaining close to GDP levels and unemployment, increasing political
polarization, and overregulation forcing jobs overseas in China.
TRADE
WAR
 China VS US(Trade war)

Background areas of disputes

 Structure of China's political economy system
 Accusation of theft of intellectual property, technology and trade
secrets
 Forced technology transfer from US companies to Chinese entities
Reasons for the US to implement tariff sanctions
 Arguments that China unfairly controls imports
 Arguments that the WTO sanction mechanism is slow and ineffective
 Congress urges real and tough actions against China
 Statement by both parties
 Outro
Pradip
Robinson

…
Roshan
Ashmita
Sushil
Intro
Outro
Pradip

Robinson
Roshan
Ashmita
Sushil
Intro
 Role Of China in World Economy

Diverse Cheap alternatives Everything is made

manufacturing for consumers in China
 tri r
Loan assistance
un oo
es
co r p
Fo

Financial aids

Infrastructure Development
Chinese consumption and production growth will continue to
support adequate prices for commodities and thus help these
exporters.
 Future Role Of China in World Economy

 Chinese enterprises are expected to relocate their existing

production to other lower-wage countries as they upgrade to
higher value-added industries

 As China undergoes industrial upgrading to more sophisticated

Robinso
Roshan

Sushil
product markets, it will leave the market space for other

Intro
developing countries to enter the more labor-intensive
n

industries.
Outro
Pradip

…
Robinson
Roshan
Ashmita
Sushil
Intro
 Outro

Conclusion:

Pradip
Robinson
Roshan
Ashmita
Sushil
Intro
Whether we are on the verge of an Asian century or not, one thing
is clear: There has already been a dramatic shift in the geographic
center of the global economy. China is very much at the center of
this transformation, and its role as a leading dragon can be
beneficial for growth prospects for the overall economy. The
world is desperately in need of engines of growth right now, and
fortunately—with continued strong and pragmatic economic
policymaking—China can provide that impetus for economic
growth.