China's GDP per capita is close to $4000 trillion next year

Source: Internet
Author: User
Keywords China Blue Book China
Tags close consumption development economic official social the new
China New Society Beijing Ten mid-spring 21st Electric Chinese Academy of Social Sciences director Peilin today in the 2010 "Society Blue Book" conference speculation, by the end of next year, the GDP per capita will close to 4,000 U.S. dollars. The pace of development is significantly faster than the official Chinese plan.  In the 2000, when the government drew the blueprint of China's economic society 20 years later, the "ambitious goal" was to achieve a per capita GDP of more than $3,000 by 2020. The time lag between the dollar-denominated Chinese GDP per capita across new steps is shrinking in recent years. From 1978 to 2000, GDP per capita grew from less than 400 dollars to more than $800 trillion, and China spent more than 20 years.  In 2003, the GDP per capita in the first big Country jumped over the 1000 dollar mark; It took only three years to surpass 2000 dollars by 2006; Two years later, in 2008, it was more than 3,000 dollars. As one of the editor-in-chief of the Social Blue Book, Peilin explains that this is inseparable from the three major factors.  One is the rapid development of China's economy, the second is China's annual increase in the number of people to reduce the third is the appreciation of the renminbi. Officials at the National Bureau of Statistics said earlier this year that China's economy could overtake Japan this year as the world's second-most.  The social Blue Book predicts that if GDP rises by 8% in the year, China's GDP per capita will reach around $3,500 by the end of the year. The Blue Book says China has begun to enter a new stage of growth after the international financial crisis.  This new growth stage has two main characteristics: first, China's economic growth rate will re-enter more than 8% of the new cycle of growth; second, the impetus of the new round of growth cycle and the past has a significant change, that is, more reliance on industrial structure upgrading, economic and social restructuring and domestic consumption growth. The Blue Book speculated that by 2010, the proportion of agricultural growth to China's GDP would fall below 10% per cent, while agricultural workers accounted for less than 38% of employment.  China's urbanization level is expected to surpass the 50% structural transformation threshold in 2012 or 2013, reaching around 53% by 2015. According to international practice, when the per capita income exceeds 3,000 dollars, the resident consumption escalation will become the normal. For now, large household consumption, such as housing and automobiles, has begun to enter the universal stage, and the proportion of consumer spending such as education, medical care, communication, tourism and culture has also progressed rapidly, Peilin said, which shows that China has generally entered a new stage of growth in mass consumption. Finish

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