China's quarterly GDP first ultra Japan

Source: Internet
Author: User
Suggest absorbing Japanese real estate lessons Yuan Gangming says after the economic Take-off, a large number of Japanese money into the real estate market, when the Japanese social popular housing prices only rose not to drop the view that many entrepreneurs to do business, housewives have joined the army of the House, which led to land prices in Japan, the soaring price, as the real estate industry on the economic pull is very Japan's regulatory sector has been relatively moderate in the regulation of real estate, resulting in a growing bubble.  China should learn from the bursting of the Japanese property bubble. The economy of the world's largest economies has changed yesterday, with China's economy outpacing Japan and becoming the world's second-largest economy.  However, domestic economists say China is still a "poor country" with a per capita GDP (gross domestic product) in the world, and that domestic opinion should downplay the change and avoid the opportunity for international public opinion to hype "China's economic threat" again.  The second half of the world was postponed about 10 years ago, China was the world's seventh-largest economy, overtaking Germany as the world's third in 2007 and overtaking Japan this year. In the 2009, China's economy in the "guaranteed eight" successfully completed, while the total economic volume surpassed Japan, the second in the world has aroused hot debate in the academic circles.  However, the change was postponed for half a year as China's gross domestic product fell slightly below Japan in 2009. According to figures released yesterday by the Cabinet Office, Japan's real gross domestic product was $1.288 trillion trillion in dollar terms in the two quarter, up 0.1% in the chain, and 0.4% per cent at an annualised rate, weaker than expected.  China has previously released economic data for the first half of this year, with two quarters of gross domestic product at $1.339 trillion trillion in dollar terms, and Japan's total economy lagging behind China's. Big economy will accelerate part of industrial development "This is a milestone for the global economy, and it is impressive that China can still sustain rapid economic growth when it is quite difficult for many countries," said Brousse Kasman, chief economist at JPMorgan Chase Bank. "The Economic Research Institute of the Chinese Academy of Social sciences researcher Yuan Gangming, a visiting professor of Social Science Institute of Tokyo University of Japan, said yesterday to reporters that the major economic development of some industries is critical, an economy large enough for the size of the car and other large-scale industry development has helped,  The recent boom in Chinese car production has been an example. Avoid a resurgence of "China's economic threat" Yuan Gangming said that the international measurement of rich countries poor indicators of GDP per capita, "at present, China's GDP per capita is only one-tenth of Japan, China is still a ' poor country ' the fact has not changed." "Yuan Gangming said that because of China's sustained and rapid economic development, the Japanese economy has been more than Japan's economy has been prepared, but the loss of ordinary people also exist," the domestic media should play down this change, to avoid international public opinion to speculate on the "China economic threat." "The Beijing Morning News Feeds

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