作业帮用英语描述中国市场从经济学、管理学方面描述
来源：学生作业帮 编辑：拍题作业网作业帮 分类：英语作业 时间：2024/04/30 13:49:42
用英语描述中国市场
从经济学、管理学方面描述
从经济学、管理学方面描述
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China,the fourth largest country in area after Russia,Canada and USA has experienced manifold changes in its economic system which has seen it become the second largest economy in the world after USA if measured on the Purchasing Power Parity (PPP) scale.But still considered as an emerging economy as per capita incomes fall in the lower-middle level,China is making its presence felt in the global stage by taking big strides in opening up its economy to international trade.
Essentially being a closed economy since the days of Mao Zedong,the Communist state of China experienced a transition from a planned economy to a market economy when Deng Xiaoping came to power in 1978.Since then,China has seen a more than ten fold increase in its GDP (Gross Domestic Product) from that year.But the question still remains at large whether the Chinese economy has been able to shed off its previous image of excessive state controls and moved to a stage of total efficiency in its market economy.
A recent study showed that the Chinese economy has achieved a level of 73% marketization of its economy judged by the parameters perceived important by the USA and the European Union.The stability of the equity market and the stock exchange scenario,the interest rate and currency are some of the features that prove the country has been doing well on the economic front over the last quarter of a century.The increased autonomy given to the State Owned Enterprises (SOE’s) and freeing them from the clutches of excessive government control is also a positive sign that the economy is picking up.That the domestic private enterprises are also doing well is evident from the fact that most of them are now listed in bourses in the cities of Shanghai and Shenzhen in southern China.
Another feature essential to the improved performance of the market economy in China has been the removal of monopoly from the traditionally government controlled sectors such as telecommunication,electricity supply,railway transportation and civil aviation and allowing for more domestic and foreign equity participation.Besides,the diversified banking system and sale of equity of state-run banks to foreign investors in international exchange and bond markets show that China is on path to rapid economic expansion.
附 参考资料
China,the fourth largest country in area after Russia,Canada and USA has experienced manifold changes in its economic system which has seen it become the second largest economy in the world after USA if measured on the Purchasing Power Parity (PPP) scale.But still considered as an emerging economy as per capita incomes fall in the lower-middle level,China is making its presence felt in the global stage by taking big strides in opening up its economy to international trade.
Essentially being a closed economy since the days of Mao Zedong,the Communist state of China experienced a transition from a planned economy to a market economy when Deng Xiaoping came to power in 1978.Since then,China has seen a more than ten fold increase in its GDP (Gross Domestic Product) from that year.But the question still remains at large whether the Chinese economy has been able to shed off its previous image of excessive state controls and moved to a stage of total efficiency in its market economy.
A recent study showed that the Chinese economy has achieved a level of 73% marketization of its economy judged by the parameters perceived important by the USA and the European Union.The stability of the equity market and the stock exchange scenario,the interest rate and currency are some of the features that prove the country has been doing well on the economic front over the last quarter of a century.The increased autonomy given to the State Owned Enterprises (SOE’s) and freeing them from the clutches of excessive government control is also a positive sign that the economy is picking up.That the domestic private enterprises are also doing well is evident from the fact that most of them are now listed in bourses in the cities of Shanghai and Shenzhen in southern China.
Another feature essential to the improved performance of the market economy in China has been the removal of monopoly from the traditionally government controlled sectors such as telecommunication,electricity supply,railway transportation and civil aviation and allowing for more domestic and foreign equity participation.Besides,the diversified banking system and sale of equity of state-run banks to foreign investors in international exchange and bond markets show that China is on path to rapid economic expansion.
附 参考资料