Saturday, September 28, 2013

Chapter 1 : Beijing's Path and Progress


For this website assignment, I decided to make website about Beijing. Beijing is the capital city of China. Beijing romanized as Peking sometimes. It located at Northern China which is 6,336.14 square miles. The population as of 2012 was 20,693,000, and population density is 3,300 square miles. The major ethnic groups of Beijing is Han which is 96%, secondly Manchu 2%. 



The GDP in 2011 of Beijing, 247.7 billion which is 13th ranks of the world. China's economy had grown about 8-10 percent a year in last three decades. As you can see this graph, China's GDP is keep increasing and in 2011, 7.318 trillion US dollar. Compare to U.S. GDP which is 14.99 trillion US dollar, U.S. GDP is twice more than China's GDP. The reason why China GDP does not match U.S.'s rate is, China usually exports cheap consumer products, but U.S. produces electronics and military equipment, which are really expensive. but now, China rapidly expanded the consumer products include electronics, transport equipment, and weapons and military equipment. Also they grew manufacturing capacity, they rapidly increasing trade with Asian economic tigers which are South Korea and Taiwan. China's population is 1.46 billion. So China's labor force is really cheap and has large markets. China became the most-favored nation in trade with the U.S.



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