China's economic development: (1978 - 2020)

We begin with what China is, why it is different from the Western countries. Talk about setting up the goals, planning and strategy to catch up with the rest of the world. Factors that drive economic growth, then become a model of the economic development path for the other countries.

Step by step development in industry, from labor intensive, capital intensive, technology intensive to digital and 5 G. In trading, from isolated country to the largest international trading country, partner with 130 countries, import and export value amount to 5.04 trillion dollars, 27% of the world, 4.8 times bigger than Japan.

In order to improve people's living standards, the government is developing domestic consumption, the consumption market from small to large, surpassing America, to become the largest in the world, with a value of 6.2 trillion dollars. In financial institutions, through many steps of reform, having the four biggest Banks in the world. China is the first country to implement the digital currency in the world, international payment and settlement are in progress.