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It's meaningless to be obsessed with GDP growth numbers [Copy link] 中文

Rank: 6Rank: 6

Post time 2009-2-21 02:17:21 |Display all floors
It's kind of like obsessed with how much money you can make a job. They have a saying, if you do all the necessay stuffs, acquiring the skills , acknowledge and experience, money will take care of itself.

To be an economic powerhouse, a nation needs to have a complete base of industries.
So the question to ask is does China has all the industry bases instead of obsessing with GDP growth numbers.

For example, PC is always the leading edge in tech innovation, how much PC industry does CHina has?

Does it design/make and has market shares in the world.
CPU-----Intel/AMD
Main memory------Micron/Samsung
Harddrive-----Seagate
Flash memory----Samsung
Graphics Chip----Nvidia
Chipset------Intel
Wireless chipset---qualcomm
consumer chipset--broadcom
DSP----Texas instrument, motorola
FPGA----Xilinx, Altera
OS---Microsoft


China has none or little of the above in the PC industry.   I don't think CHina can be an economic powerhouse without a robust  PC industry.  It's just incomplete in this area.

The government definitely needs to be the drving force in setting up the basis formation of such industry.
It can pump in money into stimulus package, but without conscious effort, such industry cannot be formed.

So, instead of looking for pure GDP growth, one should look for areas the country is lacking in.

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Rank: 6Rank: 6

Post time 2009-2-21 02:29:07 |Display all floors
by the way, as far as GDP numbers, if China still lacking and has little industry on the PC areas, just one example.    I don't think CHina can catch up with US GDP numbers wise.

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Post time 2009-2-21 13:43:07 |Display all floors
this is the old topic wo should develop by steps

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Post time 2009-2-21 13:45:33 |Display all floors
you could cheak out my blog there are some view about developpment about china economy

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Rank: 4

Post time 2009-2-21 14:21:37 |Display all floors
certainly !china should put more money  into fundamental researches ,
it can  raises china ability to bring forth new ideas,and we can possess our own intellectual property rights.

later on ,wo will kown lots of domain knowledges ,and don't  fall back on other countrys ,

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Post time 2009-2-27 01:01:48 |Display all floors
well, China is a low tech country, concentrating only manual labor.

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