From China

What is an item from China’s history that best represents change?

I have to do a history project and I have four topics…Word Religions, Renaissance/Reformation, China History, and Industrial Revolution and I need to pick one item from each topic to draw and write an essay each about..What are some good ideas?

China’s politics and movement from strong Communism to a more mixed economy demonstrate China’s change.

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In 2000, surrounded by foreigners and foreign journalists from all corners of the earth, was in Switzerland that the President of China, Wu Bangguo, announced and pledged foreign investors who are interested in putting their money and technology in China will have the best opportunities and assistance. With that promise, China began to open the doors to foreign investors. China has come a long way from where it was. Much of China's economic success is due to a long foreign policy rooted goes so far as the Qing dynasty, to create a strong, independent, strong U.S. and China.

Although the Chinese government remains less liberal than their counterparts, taking a look at how many companies are turning to the country in search of investment opportunity, we can conclude that Wu made good on his promises. For example, many opportunities investment in China was opened because the government has expanded the scope and number of projects. These policies are eye opening because China has never been known welcome to the intervention or assistance of any kind. However, in recent years, the restrictions and red tape had been cut down to the bare minimum, what makes China a land of opportunity, shoulder to shoulder with the likes of India and Russia.

Although many people have a negative image through the head due to the Tibetan issue, the rapid response of the Chinese government to further reduce the number of deaths of about 80,000 people and allow agencies foreign aid in the earthquake zone during the earthquake in Sichuan has won many accolades from many quarters.

Since 1820, China accounted for 33% of GDP in the world. However, just a hundred years later, China accounted for only 9% of global GDP. The relative eclipse of China lies in the fact that the industrial revolution nineteenth century, they have done in Europe and America rich, has almost completely ignored in China.

According to many Western and Asian leaders, China will soon will be the largest economy on earth in the millennia.According with The Economist, "China was not only the largest economy for much of history, but until the 15th century, also had the highest per capita income and is the technological leader in the world. The Financial Times noted that "China has been the largest economy largest in the world for 18 of the last 20 centuries. "

China has emphasized raising personal income and consumption and introducing new systems management to help increase productivity. The government also has focused on foreign trade as an important vehicle for economic growth.China now has the second largest economy in the world after the U.S. with a GDP of over U.S. $ 7 billion (2007). In November 2007, China became the third largest in the world after the U.S. and Japan with a nominal GDP of 3.42 trillion U.S. dollars U.S. (2007) when measured in terms of rate of change.

By opening its doors in laws relating to foreign investment and create opportunities for foreigners, Chinese people have benefited enormously over the years, while companies get the results as a result of lower manufacturing cost. So far, China has been fulfilling its objective of growth in the economy and there is no domestic and foreign demand for more liberal investment opportunities in China.

About the Author:

Paul Hata is active in various social and community programs aimed at providing equal access to education,health and jobs to all.Paul has over 10 years experience in managing a multi-million dollar advertising company.Paul can be reached at – TradePlanets.com

Article Source: ArticlesBase.com – Investment Climate in China