in 1978, and sh阿拉爱上海品茶微信ifted its focus toward building its economy.
Data from the National Bureau of Statistics (NBS) shows the count
ry’s GDP increased 33.5 times in constant prices from 1978 to 2017, with average annual gr
owth at 9.5 percent, far exceeding the global average of 2.9 percent in the same period.
During 40 years of reform and opening-up, China’s economic aggregate increased significantly.
GDP stood at 364.5 billion yuan in 1978, before jumping to 1 trillion yuan in 1986, 2 trill
ion yuan in 1991, over 10 trillion in 2001, 30 trillion yuan in 2006, and over 80 trillion yuan 2017.
The country’s worldwide economic aggregate ranking is also rising, from 11th spot in 1978 to second in 2010.
promoting the application of e-buses, by supporting technology innovation, improving fiscal
and taxation policies, enhancing infrastructure construction, as well as reinforcing fund supervision.
“It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv
en. The market will shift from an incremental market to a stock market, maintaining steady growth,” he said.
Bloomberg New Energy Finance estimates that EVs will attain price parity by the mid 2020s, as lithium battery pric
es have been falling. From 2010 to 2018, lithium battery prices dropped by over 85 percent, with an annual average decl
ine rate of 20 percent. And the decline, with the same rate, is estimated to continue for the next few years.
decade is likely to be driven by greater global financial sector integration,” said Alfred Schip
ke, the International Monetary Fund’s senior resident representative for China.
Chinese students are increasingly diversifying their choices of destinations for overseas stud
ies, with more students choosing to go to the United Kingdom, Australia and Canada, a new report showed.
In a multiple choice survey for the annual Report on Chinese Students’ Overseas Study, released
on Tuesday, while the United States remains the most popular destination for overseas study this year, pref
erred by 43 percent of the respondents, this was down by 8 percentage points compared with 2015.
US dominance looks uncertain as the number of students inclined to study in the UK r
ose sharply in 2019, accounting for 41 percent, up 9 percentage points compared with 2015.