1945

China

image of China

From ‘Made in China’ to ‘Serviced in China’, the tiger economy, with a huge population of over 1.3 billion, is set to embrace the vast opportunities of trade in services. With the largest reduction of poverty and one of the fastest increases in income levels ever seen, the economy of the People’s Republic of China has gone from strength to strength, growing at an average rate of 10% per year since 2005, with services playing an important role by accounting for approximately 40% of GDP in 2007.

Related Subject(s): International Trade and Finance
Countries: China
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