China's middle class
< avogelnest
Get flash to fully experience Pearltrees
How China's GDP rose and fell from 1952 to 2009 1953 Hyperinflation conquered; civil war and land reform ended: GDP up 15.6% in real terms. 1958-59 So-called "Great Leap Forward" devastated agriculture: result was falling GDP in 1960-62.
BEIJING - China cannot delay tough economic reforms, Vice Premier Li Keqiang said on Sunday, underscoring the top leadership’s push for market-based change after the sacking last week of an ambitious provincial leader who wanted a bigger state role in the economy.
According to preliminary accounting, the GDP of China was 51,932.2 billion yuan in 2012, a year-on-year increase of 7.8 percent at comparable prices.