Background
Since 1978, China has reformed and opened its economy. The Chinese leadership has adopted a more pragmatic perspective on many political and socioeconomic problems and has reduced the role of ideology in economic policy. China's ongoing economic transformation has had a profound impact not only on China but also on the world. The market-oriented reforms China has implemented over the past 2 decades have unleashed individual initiative and entrepreneurship. The result has been the largest reduction of poverty and one of the fastest increases in income levels ever seen. In 2010, China overtook Japan to become the world’s second-largest economy in terms of gross domestic product, behind the United States. It has sustained average economic growth of over 9.3% since 1989. In 2010 its $5.88 trillion economy was just over one-third the size of the U.S. economy.
Following the Chinese Communist Party's October 2003 Third Plenum, Chinese legislators unveiled several proposed amendments to the state constitution. One of the most significant was a proposal to provide protection for private property rights. Legislators also indicated there would be a new emphasis on certain aspects of overall government economic policy, including efforts to reduce unemployment, which was officially 4.1% for urban areas in 2010 but is much higher when migrants are included. Other areas of emphasis include rebalancing income distribution between urban and rural regions and maintaining economic growth while protecting the environment and improving social equity. The National People's Congress approved the amendments when it met in March 2004.
The Fifth Plenum in October 2005 approved the 11th Five-Year Plan aimed at building a "harmonious society" through more balanced wealth distribution and improved education, medical care, and social security. The 12th Five-Year Plan was debated in mid-October 2010 at the fifth plenary session of the 17th Central Committee of the CCP, and approved by the National People's Congress during its annual session in March 2011. The 12th Five-Year Plan seeks to transform China's development model from one reliant on exports and investment to a model based on domestic consumption. It also seeks to address rising inequality and create an environment for more sustainable growth by prioritizing more equitable wealth distribution, increased domestic consumption, and improved social infrastructure and social safety nets.
Holidays
Jan 1-2 - New Year
Feb 9-11* - Spring Festival, Chinese New Year
May 1-2* - Labour Day
Oct 1-3* - National Day
Mar 8 - International Women's Day
May 4 - National Youth Day
May 23 - Tibet Liberation Day
Jun 1 - International Children's Day
Aug 1 - Army Day
Ps: These festival's date(*) given above are approximations which are subject to change every new year.
Phone Codes
Country Code: 86
Outgoing International Code: 00
Resources
Trade Leads
http://www.wtca.com/
Allows businesspeople to post trade leads of buy and sell offers in various industry categories. Members can post, view and respond to buy/sell offers as well as browse offers to cooperate with potential partners around the world.
Market Research
Internationalist.com
Resource travel guide to China
Chinatoday.com
There is available to find China search engine which enables to reach business & investment opportunities in China.
Chinadaily.com
It is the web portal of China's leading newspaper that provides recent economic, political & business developments in China.
CIA - The World Factbook - China
This website indicates a wide range of detail information about China by introducing under 8 different fields as its geography, people, government, economy, communications, transportation, military, transnational issues.
About China
There is available to find out China general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.
China Briefing
Trade Information
Asian Development Bank
Shanghai Foreign Investment Development Board
American Chamber of Commerce, Beijing
Ministry of Commerce of the People's Republic of China
International Employment Opportunites
Wang Li- China
Employment in China
China Job Link
Employment in China
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