What is the basis of the welfare of China

What is the basis of the welfare of China



Today, all economists in the world recognize that China is the fastest growing economy in the world, and it is obvious that in the coming years it can bypass the United States in terms of GDP. According to the laws of economics, with the improvement of the economic situation of the state, the quality of the standard of living of its citizens should also increase. A similar development should occur in the Middle Kingdom.

Naturally, in China there are strong imbalances, as in other emerging economies, and the greater the economic growth and the stronger the economy, the more stratification occurs in society, says Anton Safonov, an analyst at Investkafe. That is, the rich will certainly become richer, the number of incredibly rich people will also steadily grow, but the number of people who live near or below the poverty line will grow much stronger. The authorities of the Middle Kingdom are well aware of, trying to limit the birth rate and thus reduce a certain financial burden, but due to the existing huge population and large territory it is rather difficult to keep records, and in some distant provinces it is impossible, because their existence is based on their own laws. Thus, over the next few years, nothing will change significantly, and the further situation will only get worse. Of course, the limit of growth and development of population on the planet will certainly be reached sooner or later, but until the problem has become so vital, no one will resort to real action.

In 2009, the number of Chinese families with incomes of more than $ 1 million reached 670 thousand, China occupied the 3 position in the world in the number of millionaires after the United States and Japan. In 2010, he became the second after the United States. Nevertheless, the number of rich people in the Middle Kingdom makes up only 0,2% of the total number of families. This is an extremely small number.

Against this background, the promising growth of China’s well-being is in doubt. An important factor in this issue is limited resources - a problematic issue that the government solves by purchasing raw materials outside the state. But this is not a panacea. Chandran Nair, an environmentalist and founder of the Global Institute For Tomorrow, told the BBC that the current Asian economic growth has no future prospects and the Chinese will never be able to live as a modern American lives, because, oddly enough, it sounds like "Not enough for everyone." On the question of how Nair personally imagines the policy of restricting the current economic growth in Asian countries, he replied that “like it or not, this should be done by any means, including using“ draconian measures ”. Today it is time to think not only about the huge quantitative growth, but also about the high quality of consumption. As a rule, better does not always mean more. ”



According to Maxim Zaitsev, a senior analyst at IG Nord-Capital, at the moment China shows a rather strong economic growth, but this growth is based on low production costs, including on compulsory wages. Aligning the existing standard of living will undoubtedly lead to the loss of this competitive advantage. Also, China is more industrialized in comparison with the United States, where the developed services sector makes the most significant contribution to total GDP, which means that all other things being equal, the resulting shortage of raw materials will have a more negative impact on it. But today this is a very remote problem, primarily due to the fact that the costs of industrial production in developing countries are still significantly lower.

“In China, there is simply a huge gap between the rich and the poor: on the one hand, the number of millionaires exceeded a million, on the other, peasants in villages and workers in cities in the west of the state earn no more than 50-100 dollars a month,” says Roman Tkachuk. , head of analytical department of RIC-Finance. “Perhaps the situation will change in the coming years.” Today’s authorities have taken a course aimed at improving the well-being of ordinary Chinese in order to increase domestic demand, and at the same time China is actively building up its own resource base. It's safe to say that China is truly getting richer. ”



An expert opinion is confirmed by statistics: according to data released by the Hurun Research Institute, in 2010, the number of millionaires in China grew by almost 12%. The total population of the state’s population is 1,4 billion, while the country has 960 thousands of millionaires. In the future, the number of millionaires and billionaires in China will grow - this is a country with a huge population and a growing economy. However, Nikolay Solabuto objects, managing the assets of FG BCS, it does not mean that the level of welfare in the Middle Kingdom will grow. Both the United States and Japan are countries where the so-called middle class of business is the foundation of the economy. The culture of consumption there has been forged for more than a decade. In modern China, less than 50% of people live in cities. The money will be accumulated by a fairly small stratum of the population, and even despite the fact that China will come out on top in the number of millionaires in the coming years, it will remain an outsider for a long time in terms of their per capita population.
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  1. datur 10 August 2011 13: 22 New
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    and the golden car pins.
  2. Stiffmaister
    Stiffmaister 10 August 2011 14: 06 New
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    Here it is, the stratification of society, men ride a golden car, but on the contrary a man drives a scooter
  3. Gekas
    Gekas 10 August 2011 14: 19 New
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    Once, he was riding on a train with his grandfather from Khabarovsk, so he told me what the welfare of China is based on, well, after the collapse of the USSR it was:
    1) The Chinese in Russia bought an iron rail for 2000 rubles (figuratively);
    2) the Chinese made 2 million razors from this rail;
    3) the Chinese sold each for 2 rubles (figuratively).
    Benefit on the face, that’s the whole truth - to convert the old trash into what someone needs, and we have a lot of rail accumulated
    1. runway 10 August 2011 17: 42 New
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      It is very funny if you understand that the Chinese economy in terms of gross domestic product ranks first in the world. And the computer you stared at and much more was done by the Chinese.
      Our people living in the Far East and Transbaikalia have not belonged to the Chinese for a long time, as soon as the “helpers”. It is enough to approach the bank of the Amur, and on the opposite bank you will see cosmic skyscrapers and ultramodern roads, and even the Chinese, who look no worse than ours. Yes, there are “scourges”, traders that lie bad. But why do they find it with us ??? !!!
      Probably because every Chinese person feels himself a part of the society for which he works. Probably also because the Chinese leaders do not keep their savings in banks of other countries, and any of them will answer before the law for serious errors. And there’s still a lot more why and what doesn’t suit our leaders.
      So, dear Gekas, you can’t collect rubbish - you won’t get rich .....
  4. mitrich
    mitrich 10 August 2011 17: 48 New
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    China does not burden itself with social obligations to the country's population. The country does not have a pension system, any benefits, subsidies and surcharges for citizens. As you wish, so turn around. The Chinese are getting nervous from the fact that in Russia, starting with the second child, maternal capital is charged. There, just the state system is sharpened to reduce the birth rate. And for a simple Chinese, the ability to survive in old age is the presence of a large family that will not let starve to death.
    And in our country up to 50% of the budget is spent on social programs. I know that you can write: "Is it pensions? Here in the West, pensioners in Egypt are resting ..." That's right, only the PRC does not pay these pennies. Therefore, consumer demand in the country is limited, the standard of living of the overwhelming majority of the country's population is low, but the state and the CCP have a huge amount of free money that can be spent on anything: defense, buying up securities in the US, building Beijing-Shanghai highways, etc. .d. But in general, the people of China are poor, there are a lot of passport-less (if the family has more than 2 children, taxes increase). Therefore, they go to work around the world, including Russia, the Chinese state encourages such labor migration.
    1. runway 10 August 2011 18: 50 New
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      I agree. The Chinese, from a lot of things are getting overexposed, being on our territory. Especially city dwellers. Residents of the provinces, I do not argue, live in poverty, but do not die of hunger. It should also be noted that the Chinese leadership has now shifted its policy direction from the foreign market to the domestic consumption market. The level of well-being of the Chinese is growing. And if a country, over twenty years of complete devastation, has built a highly industrial state, what doubts can be that they are able to raise the level of well-being of its people. Or do you doubt it?
    2. Zerkalo 10 August 2011 19: 16 New
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      Think about it, if a billion Chinese people get older, and each has one child, then they will have to provide pensions for their parents, and this is where China will go bankrupt)

      but seriously, the phrase regarding the limit population for the planet was spoken here, and after all, Asia alone, if I’m not mistaken, has almost half of the entire world population (if you take away China, India, etc. ...) How mercilessly China exploits its territory - they already wrote here. Soon, very soon, something will happen, because the population of the Earth simply needs to be halved, and no one will do it peacefully.
      Well, the longer this issue is delayed, the more painful the consequences will be ...
    3. Engineer
      Engineer 10 August 2011 21: 23 New
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      Firstly, there are pensions and social programs in China.
      They just pay it only to those who work exclusively on government posts.
      For example, the Army has a very good pension by Chinese standards.
      This is the logic, everyone who is in business (and it doesn’t matter whether metal drives cars or raises rice) provides themselves with a social network.

      In the USSR, labor productivity was 5 times lower than now, but something is not noticeable that on average we live 5 times better, even taking into account the Forbes list.
  5. datur 10 August 2011 19: 44 New
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    piston.kor will be able to or perish. There is no third.
  6. cVM
    cVM 10 August 2011 19: 54 New
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    Yes, it’s the Chinese who will live, you don’t need to let them in to Russia and that’s all. The Chinese have lately come, it’s dangerous very dangerous, soon the Chinese will sit in the Duma
  7. mitrich
    mitrich 10 August 2011 22: 35 New
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    Dear Mr. ENGINEER,
    I did not write about the categories of persons receiving state. retirement. Their number is negligible. Gos. employees, starting at the highest levels, receive it. I don’t know about the army, but the Chinese army has 2-3 million troops, and the country's population is 1 billion 300 million (officially). There are still Olympic champions.
    The essence of my thought is: China does not burden itself with the social problems of the population.
    Remember the 2008 Olympics in China? The Chinese did not bother at all with the problems of resettling the population from the territories of facilities under construction, as we are in Sochi. Given in the ass, and all, without any compensation, and those who "acted up", were imprisoned.
    Like it or not, the Chinese state is ruthless to its population, socially not oriented, that’s what I wrote about. Although, if you like, stay with your opinion.
    1. datur 11 August 2011 11: 37 New
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      I agree with you in principle, but our g .... is not much better. and the Chinese began to slowly correct the situation or not ,?
    2. runway 11 August 2011 14: 19 New
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      Well, why go into the dead defense. Your opinion on this issue is interesting, but the Chinese are unlikely to agree with him. After all, we did not familiarize ourselves with the PRC law on social security .... But we should be interested in the issue of regulating the size of China (they solved the demographic problem!). The concept of modern development - “man above all else” should also attract. And if at the first stage of the restoration of the national economy they set the task of “feed and build,” now now, having completed the first, they are fulfilling the task of an “average level of income”.
      Yes, and more on the topic: China has established a living wage for everyone, regardless of place of residence and membership in social groups. In 2005, it was 150 s. (except for other social benefits and social insurance). Agree, it is premature to conclude that China is not a socially oriented state.
  8. merkawa
    merkawa 10 August 2011 23: 27 New
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    Everything is clear with China, friendly Chinese people, they smelted iron in every yard, beaten sparrows, now they forge gold and foreign exchange reserves, the main thing is to do something so that bad thoughts do not go into your head fellow
  9. Ivan35
    Ivan35 11 August 2011 17: 53 New
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    One thing is clear - the Chinese are already stronger than us in the near future. We must strengthen friendship - but not surrender territory. Strengthen economically and militarily. And the main thing is not to push Kazakhstan away and accept it into the Union.

    To bargain with the Chinese that Central Asia is our zone of influence and include everyone there in the CSTO and set up military bases. Establish mutually beneficial trade so that CAs depend on us and Kazakhstan and do not slide into the Islamic world and China. Gradually restore SAVO
  10. Swag 15 August 2011 06: 33 New
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    Gentlemen, do not repeat other people's stupidities. A state with such a large population a priori will not be able to feel normal, I agree, it will not be enough for everyone, or it will be torn.
  11. almost demobil 15 September 2011 08: 03 New
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    Why don’t you go up if you don’t have to spend money on old people, on their pensions, treatment. This is a lot of money, just awesome. They are allowed to develop the economy and the army, by the way, plus competent leadership without looking back to the West. And they only pay pension civil servants and military. I would not like to live in China.