Moderna kineska ekonomija
Modern Chinese Economy

Summary/Abstract: Pragmatism is the word most often used today when one wishes to describe in a word everything that characterizes the Chinese society, politics and economy. It was necessary to firstly modernize agriculture, performing the needed research in every field separately in order to increase productivity. The next important point was building an infrastructure, including transportation, telecommunications and electro energetic system. There was also a need for education, not only for young people, but also for peasants who could modernize their agricultural production by deploying management and marketing in their daily practice. China was ready to open its doors to the world, which would let in new knowledge, technology, but also foreign competition on the domestic market, as one of the requirements that enabled China to enter the WTO. Even though all aspects of life in China prospered thanks to the economic growth, the gap between the rich coastal areas and poverty-stricken inner parts of China deepened.

• Details
• Contents