Post on 29-Dec-2015
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China and India are 2 of major countries rapidly developing economy in recent years, the overall economy leap up will both make them into the famous "The 4 Gold Bricks".
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From the following four termsFrom the following four terms
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Prospects
tracks in economic
reform
common features of economic
reform
effects of the reform
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common features of economic reform
common features of economic reform
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Similarities in reform
background
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common features of economic reformcommon features of economic reform
background both the highly planned economy. both based on the priority development of
heavy industry to go the road of industrialization.
Both countries are strictly private economy, vigorously develop the public economy.
Both countries insist on self-reliance, the implementation of import substitution development strategy.
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common features of economic reformcommon features of economic reform
Similarities in reform Vigorously promote market-oriented
reforms encourage private economic
development reform the state-owned enterprises Change from inward-looking economy to
an export-oriented economic
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tracks in economic reform
tracks in economic reform
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The time of reform
differences in environment for change and execution in reform
The path of reform options
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chinachina
China’s opening up steadily pushes forward economic restructuring and successfully achieved a transformation from a planned economy to a market economy. China's GDP increased from USD2683 billion in 1978 to USD8.2 trillion in 2013 , ranked second in the world. It increases rapidly.
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IndiaIndia
India also received good results. Rate of GDP economics growth has accelerated from 1991-92's 1.1% to 2003-04's 8.5% through economic reform.Services sector accounted for more than half of the proportion of GDP.
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IT industries have sprung up everywhere from 1992-93 to 2001-02 period, average annual growth rate of the software production value of more than 50%, from 11.65 billion rupees the year 1992-93 to 2001-02, 481.3 billion rupees (10.25 billion U.S. dollars ) ,2004-05 year reached 20.5 billion U.S. dollars, of which the value of software and services exports as high as 17 billion U.S. dollars, from the mid-90s of 20th century to the present, software and services exports to an average annual growth rate of 46% of the software industry has become Indians The most proud of the industry.
IndiaIndia
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comparisoncomparison
Although the growth performance of the two countries in recent years have attracted worldwide attention, but China’s economic reform started earlier than India,
China’s economic growth much faster than India.
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corporate efficiency
Human resources
management of high-level personnel
China India
economic performance
infrastructure
government efficiency
comparison
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Prospects
China's economic reform, the main problem are
change the mode of economic growth
Guard against economic risk
Polarization
Attention to economic security
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India's economic reform, the main problem are
heavy debt burden
Difficulties in state-owned enterprises (SOE) reform
Infrastructure "bottlenecks" still exists
Unemployment and poverty
Prospects
Energy security
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conclusion
The economic structure of China and India have their own advantages and disadvantages, China needs to vigorously develop the service industry, while India should be the first and second industry arrest.