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The industrialization of China refers to the process of China undergoing various stages of industrialization and technological revolutions.The focus is on the period after the founding of the People's Republic of China where China experienced its most notable transformation from a largely agrarian country to an industrialized powerhouse.
From 1952 to 1983, south, southwest, and northwest China registered higher industrial growth than the east, northeast, and north regions. Total industrial output grew the fastest in the south – from 13.7 percent of total output in 1952 to 18.5 percent in 1983.
A 50 MW molten-salt power tower in Hami, Xinjiang, China. The industrial sector comprised 38.3% of the gross domestic product (GDP) of China in 2023. [1] China is the world's leading manufacturer of chemical fertilizers, cement and steel. Prior to 1978, most output was produced by state-owned enterprises.
Industrial output reached new heights surpassing that of the Song. Unlike the Song, however, the new industrial centres were located in the south, rather than in North China, and did not have ready access to coal, a factor that may have contributed to the Great Divergence. [219]
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.
China's massive stimulus package may not have any direct effect until 2025, and Tianlei Huang, a researcher for the Peterson Institute for International Economics, says Beijing needs to do way ...
With China at risk of tipping into prolonged stagnation and a spiralling property crisis threatening financial stability, there is growing unease over why its leaders are not rushing to revive the ...
The Great Leap Forward, similar to the Five-year plans of the Soviet Union, was Mao Zedong's proposal to make the newly created People's Republic of China an industrial superpower. Beginning in 1958, the Great Leap Forward did produce, at least on the surface, incredible industrialization, but also caused the Great Chinese Famine , while still ...