After joining the WTO in 2001, is still great. March 2007 is to be remembered as a great turning point for China. China government declared the legal protection of individual property, which is a big step forward for China's economic growth, which is based on decades of collective or public property.
Although rural areas are the old property of the legal system, the fact that the National Popular Assembly voted almost unanimously law private property revolutions, shows that China is becoming increasingly integrated into capitalism and the global economy. Premier Wen Jiabao are considered the property of the revolution as a "big jump" as a way to change from the days of instability and lack of productivity, the new order where the product quality and high productivity are obvezna.Financijsku situation in the state-owned enterprises and sagging contribution to employment has become a big concern the Chinese central government.
Since 1978, the Chinese economic growth, the Government of the People's Republic of China is reforming its economy from a Soviet-style centrally planned economy, market-oriented economy in the political framework of Communist Party of China. China's economic growth helps to bring down poverty levels from 53% in 1981 to less than 8% today. However, China's progress is still concentrated in the coastal and southern provinces, and efforts are made to expand the internal prosperity of the provinces and the industrial Northeast. Foreign trade and investment to help increase the level of income, consumption and produktivnost.Vlada is focusing on foreign trade as a way to promote China's economic growth. China's economic growth is so strong, that is the first in the consumption of aluminum, steel, copper and coal and the second largest consumer of oil in the world. With cheap labor more than 800 million workers, China's economic growth potential is enormous. Compared with developed countries, China lags behind in science, technology, management, environmental protection of the environment, quality education and organizational levels. Entry into the World Trade Organization is paying off for China's economic growth and foreign direct investment is surging.
With China's economic growth rate was over 10%, while export growth at a steady pace, the future is promising for a new member of the capitalist club. Although there are many countries feel threatened by China, we must admit that there is a major new opportunity to open doors for industrial and commercial investors worldwide.