Author: whiteeclipse

GDP per capita question? [Copy link] 中文

Rank: 8Rank: 8

Post time 2006-8-16 13:31:02 |Display all floors

I will try to keep it at 15 x value added

....but have zones of cities with 20 - 30x value in Super center

so that we know how to do it......
and we know about the crime rate in such areas....
look Singapore, UK, Germany.....about 10,000 crimes/100,000.....

....and have 2nd tier cities with 15x value added...

and suburban or rural at 10x value added....

then we keep people happy.....and a GNP of maybe US$15,000 per person..
we would have eclipse USA economy by 2030...
unlikely USA would want to skew their economy further....
happiness, social stability problems..

Green Dragon
Titan Friend

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Rank: 4

Post time 2006-8-16 17:03:59 |Display all floors
Originally posted by reyquer at 2006-8-15 21:39
i really don't know the answer
but you will know you've become rich when your salary become fat
when you can afford to buy a car
when you can travel abroad
dont you think more and more chinese  ...

I'm sorry, I'm not Chinese.

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Rank: 6Rank: 6

Post time 2006-8-16 19:51:58 |Display all floors
China GDP rising fast.

China's per capita GDP is rising very fast, due to the combination of economic success and the one-child policy.  China has about 600 million people who live less than a dollar per day.  In some cases, they live very close to the land, so their need for money to survive is less, but if anything bad happens like a fire, a flood, or a hurricane, then they need a lot of help and fast.  Also, to assure that the new generation of Chinese will have good opportunities, there must be continual spending on education and health care.

In America during the 20th century, we had a "New Deal" time when much was spent to help people in the 1930s and also a "Great Society" time when much was spent to help people in the 1960s and 1970s.  What will China call its time of social investment?  Will it be a "New Society" or will it be a "Great Deal"?  If you asked any American businessman about doing business in China, he would likely say BOTH phrases, "new society" and "great deal" describe China today.


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Post time 2006-8-17 10:43:28 |Display all floors

not to mention black market

A lot of the business activities do not form part of the GDP statistics.

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Post time 2006-8-18 14:37:00 |Display all floors

gdp figures

China's current per-capita GDP is about US$2,000.  The number for the urbanities, such as Shanghai, Guangzhou, and Beijing, is much much higher, I would put it at more than US$5,000.  And, taking into account of the PPP factor, US$2,000 is eqivalent ( in PPP terms) to US$6,000 in the United States. many here have claimed that China is still playing catch-up, yes, we are!

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Post time 2006-8-18 15:09:52 |Display all floors

china's current per capita

us$2,000 already?
and us$6,000 if ppp
that's good
that's good

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Post time 2006-8-21 07:23:33 |Display all floors
The dividend will now turn into a deficit, Goldman Sachs says. As China's baby boomers start retiring, there won't be enough young Chinese entering the workforce to make up for the shortfall.

To ensure that economic growth doesn't slacken for lack of workers, the Chinese government should end the one-child policy and scrap controls on migration from rural to urban areas, Goldman Sachs economist Qiao says.

According to her calculations, from 98 million to 128 million Chinese agricultural workers are surplus; allowing them to move freely into urban areas will increase the supply of productive labor without any drop in economic output.

With these two changes in policy and with more emphasis on education, China may be able to increase its citizens' average income to $21,000 in today's prices by 2030, Goldman Sachs's model shows. That would still be significantly lower than Japanese income levels last year. ... columnist_mukherjee

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