The world’s most populous country has been achieving remarkable growth and transformation since Deng Xiaoping began the process of opening up and liberalising the Chinese economy more than three decades ago. Unlike Japan, Taiwan and South Korea whose hyper-growth was largely a result of their status as client states of America during the Cold War period, China’s emergence has been …
Shanxi Province’s GDP growth exceeds national average in 1st half of 2013
Shanxi Province recorded year-on-year growth of 9 percent in GDP in the first half of 2013, at 601.7 billion yuan ($98.1 billion), 1.4 percent above the national average. The value added output for primary industry was up 4 percent, secondary grew 10.5 percent, and tertiary, 7.4, in the first half, while revenues reached 157.2 billion yuan, or 5.5-percent growth year …