1. Chinese Economy:
Confucianism to Neoconfucianism
Das Swajan (100763)
Valeriu Arnaut (100740)
MSc. in International Business
Poznan University of Economics
2. Leadership Presentation: Contents
Ghost Town
Economic Sectors
GDP Comparison
GDP Determinants
Current Account Balance
Trade Balance
Imports and Exports
Population and Human Capital
Becoming a Leader
4. Chinese GDP Composition by Sector
10%
Agriculture
44%
Industry
46%
Service
Source: CIA World Factbook - February 21, 2013
5. Chinese GDP V/s Major Economies (1)
China: GDP in Billion USD
25,000
GDP in Billion USD
20,000
15,000
10,000
5,000
0
2010
2011
2012
2013
2014
2015
2016
2017
Nominal
5,930
7,298
8,250
9,039
9,926
10,928
12,021
13,212
PPP
10,128
11,300
12,383
13,581
14,948
16,492
18,234
20,198
Source: International Monetary Fund, World Economic Outlook Database, October 2012
6. Chinese GDP V/s Major Economies (2)
China: GDP Per Capita in USD
16,000
GDP Per Capita in USD
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2010
2011
2012
2013
2014
2015
2016
2017
Nominal
4,423
5,417
6,094
6,644
7,262
7,957
8,710
9,528
PPP
7,553
8,387
9,146
9,983
10,936
12,008
13,213
14,566
Source: International Monetary Fund, World Economic Outlook Database, October 2012
7. Chinese GDP V/s Major Economies (3)
China: GDP Growth Rate and Forecast
8. GDP Determinants
Y=C+I+E+G
Where: # Y = GDP
# C = Consumer Spending
# I = Investment made by industry
# E = Excess of Exports over Imports
# G = Government Spending
9. China: Imports
Among commodities the biggest demand is for crude oil (12 percent of total
imports), iron (5 percent), copper, aluminum and soybeans.
Main import partners: European Union, ASEAN, Japan, South Korea and
Taiwan. Others include: Australia, South Africa and Brazil.
10. China: Exports
Exports of goods and services constitute 30% of GDP. China major exports are:
electromechanical products (57 percent of total exports) and labor-intensive products
like clothing, textiles, footwear, furniture, plastic products, bags and toys (20 percent). In
recent years, the exports of high tech products have been also growing and in 2012
accounted for 29 percent of total exports.
Main export partners are the United States (17 percent), European Union (16
percent), ASEAN (10 percent), Japan (7 percent) and South Korea.
11. China: Current Account Balance
Current Account is the sum of the balance of trade (exports minus imports of
goods and services), net factor income (such as interest and dividends) and
net transfer payments (such as foreign aid).
12. China: Trade Balance
The balance of trade is the difference between the monetary value of
exports and imports in an economy over a certain period of time. A positive
balance of trade is known as a trade surplus and occurs when value of
exports is higher than that of imports; a negative balance of trade is known
as a trade deficit or a trade gap.
