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The government managed industry according to type and level of control, using various State Council ministries and commissions. In 1987, there were separate ministries for aeronautics, astronautics, chemicals, coal, electronics, metallurgy, nuclear energy, ordnance, petroleum, and textiles industries, light industry, the railways, and water resources and electric power; there were two ...
GDP per capita in China (1913–1950) After the fall of the Qing dynasty in 1912, China underwent a period of instability and disrupted economic activity. During the Nanjing decade (1927–1937), China advanced in a number of industrial sectors, in particular those related to the military, in an effort to catch up with the west and prepare for war with Japan.
Following a moderate downturn, industrial production grew slowly but steadily between 2003 and 2007. The sector, however, averaged less than 1% growth annually from 2000 to 2007; from early 2008, moreover, industrial production again declined, and by June 2009, had fallen by over 15%, the sharpest decline since the Great Depression. Since then ...
China faces a problem with air quality as a consequence of industrialization. China ranks as the second largest consumer of oil in the world, and "China is the world's top coal producer, consumer, and importer, and accounts for almost half of global coal consumption.”, [55] as such their CO 2 emissions reflect the usage and production of ...
The original notes during the Yuan dynasty were restricted in area and duration as in the Song dynasty, but in the later course of the dynasty, facing massive shortages of specie to fund their ruling in China, began printing paper money without restrictions on duration.
HONG KONG (Reuters) -China's population fell for a second consecutive year in 2023, as a record low birth rate and a wave of COVID-19 deaths when strict lockdowns ended accelerated a downturn that ...
Chart of Chinese progress from a US wartime pamphlet The Bund in Shanghai in the 1930s. The Nanjing decade (also Nanking decade, Chinese: 南京十年; pinyin: Nánjīng shí nián, or the Golden decade, Chinese: 黃金十年; pinyin: Huángjīn shí nián) is an informal name for the decade from 1927 (or 1928) to 1937 in the Republic of China.
After China announced broad measures to rescue its economy, Chinese stocks surged, our Chart of the Week shows. It's not the first time the country has attempted to get out of the recent doldrums ...