Labour force – million
CHINAS LABOUR FORCE Total – million Unemployment Rate – 4.3 % ( 39 worldwide ) Including migrants – up to 9 % For rural areas – substantial unemployment and underemployment
AGRICULTURE Feeds 20% of the world's population with only 7 % of the world's arable land First worldwide in farm output Low suitability of land areas
INDUSTRY Machine-building and metallurgical industries 30% of total State - owned sector industries of national strategic importance about 30% Daqing oilfield – northeast china 50% of oil production Northwest china – large petroleum reserves Natural gas – little-investigated
SERVICES Public Administration – the main component of service sector Tourism – major factor in employment source of foreign exchange ~5% of GDP Low percent of GDP compared to more developed countries
CHINAS EXPORTS Export quota 0.14 Total : $ trillion
CHINAS IMPORTS high-technology equipment Japan, the USA almost 50% of China's imports come from East and Southeast Asia Total : $ 954 billion
CHINAS LARGEST COMPANIES 5 ICBC 12 PetroChina 17 China Construction Bank 22 Bank of China 90 China Life Insurance 154 China Shenhua Energy 264 Baoshan Iron & Steel 297 CCCC – China Communications Construction 329 China Cosco Holdings 473 China Telecom 513 China Vanke 650 Dongfeng Motor Group 734 SAIC Motor 890 Air China
Russian Federation Total volume – over $ 30 billion ~750 investment projects in Russia $1,05 billion RussiaChina Russia energy resources Siberia and Far East machinery electronic goods Joint construction of Skovorodino – Mohe-Daqin oil pipeline 1030 km 15 million t of crude oil per year Joint construction of the titanic production factory prospected Russian investment – $ 207 million Joint construction of Baltic Pearl prospected Chinese investment – $1.3 billion
INVESTMENT FLOWS In : $ 473 billion Out : $ billion
International economic organization participation ASEAN + 3 BRIC BASIC SHANGHAI COOPERATION ORGANISATION APEC
ECONOMIC TROUBLES Pollution Shortage of power Growing income inequality Property boom Inefficient banking sector Unemployment Undervaluation of Yuan Overheating economy Huge balance of payments surplus
ANTI–RECESSIONARY POLICY encourage the growth of domestic consumption which will be primarily supported by substantial public spending adjust and revive the development of 10 key industries take steps to accelerate rehabilitation establish a comprehensive system of social protection maintain the financial stability to support economic development reduce the tax policy job creation