How to help your country's GDP raise just like China?

nrj

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I looked at the 9 % for what you quote. That number pertains to what percentage advantage that confers on Chinese goods not the actual finished products going to be exported. As for GDP, exports only account for 1/4 of China's growth and even less for annual GDP. Most of China's GDP and growth actually comes from investment and consumption. That is why even during the financial crisis where exports dropped 35% growth stayed strong.
I said 8-9% of entire GDP, not just exports. Apart from overseas exports, it also covers the domestic consumption of counterfeited goods, which is marginal considering China's population & relative appetite.

India should emulate China's expertise in implementing infrastructure on time and on budget. Perhaps they should hire more Chinese contractors?
Perhaps they need better administration on numerous functional levels. Importing Chinese or any foreign contractor is no solution. Country should be able to fulfill its demands by its own resources. Although situation has improved in last few years. I hope for better.


I don't know where most of your ideas come from about imitation companies being at all Govt supported. Imitation factories are often small illegal privately owned factories that get busted when the Government finds out. Thats where most of the poor quality goods come from. China is the the second largest investor in research after the United States and are world leaders in green energy with the most investment and production.
Like mentioned in articles, Govt is not actually supporting them but is reluctant to act against, that makes them indirect party to the show. These fake goods are everywhere, from my neighborhood to LA.
 

Armand2REP

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Why would anyone want to grow their economy by fixed asset investment? It is a ponzy scheme that brings inflation, property bubbles and a really hard landing. Just look at Japan.
 

tanlixiang28776

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Pay attention... $158 million is the value of counterfeit goods found by customs in the US. That doesn't include the billions that slip by them and the 20% of Chinese exports that are counterfeit. China's exports are worth $1 trillion, not 1.5t so counterfeits are worth $200 billion a year.
In 2009 it's 1.2 trillion
In 2010 it's 1.5 trillion

500 billion dollars is not a small discretion. I found that only in 2006 does China have around 1 trillion dollars of exports. I do not know if you intentionally or unintentionally quote outdated sources to suite your reasoning. Either way it ruins your credibility.

This occurred due to a resurgence in global demand.

I don't know where you got 20% from so try back that claim up. Unless of course this is another wildly hyperbolic number you made up.

http://www.economicpopulist.org/content/china-trade-surplus-december-2010

http://www.uschina.org/statistics/tradetable.html
 
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badguy2000

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1.people should be more punctual.

"unpunctual" is not only impolite,but also increase the cost of social activities very much .
If everyone can be pucntual, it means more productivity and less cost.

2.more awareness of "all people are equal"

the barriers to stop the fluidity of the class should be cut off,such as castes and previlidges
 

Hud

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Come up with export parks and do what China is doing. And West would be more willing to import from us than China owing to obvious reasons.
 

civfanatic

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2.more awareness of "all people are equal"

the barriers to stop the fluidity of the class should be cut off,such as castes and previlidges
Do us a favor please and compare the Gini of India and China. Despite claiming to espouse "socialism with Chinese characteristics" or whatever, China is one the most unequal countries in the world in terms of per capita in income.

However, I agree on the punctuality part. Punctuality isn't a part of Indian culture. Of course, this is becoming increasinly necessary in the modern-day economy, and people adapt when they have to adapt.

There is a story I often tell about this. In my hometown there is a train that is supposed to come at 9:00, but it always comes at 10:00 or so. Since it is late everyday, people only come to the train station at 10:00. But one day, the train came at 9:00, and no one was able to catch it. People protested quite a bit at this.

In response, the conductor said that the train was not on time, but actually late by 23 hours :)
 

Armand2REP

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In 2009 it's 1.2 trillion
In 2010 it's 1.5 trillion
I wasn't aware the Commerce Ministry had published 2010 annual figures yet. After checking, they have not. 1t was a rounded figure far away from the 1.5t you claim and closer to the 1.19 actually reached in 09'.

500 billion dollars is not a small discretion. I found that only in 2006 does China have around 1 trillion dollars of exports. I do not know if you intentionally or unintentionally quote outdated sources to suite your reasoning. Either way it ruins your credibility.
Your discretion is off by$300 billion. Until 2010 is published by the commerce ministry, it can't be used.

This occurred due to a resurgence in global demand.
Wait and see...

I don't know where you got 20% from so try back that claim up. Unless of course this is another wildly hyperbolic number you made up.
Refer to post #7... I know you don't like to read, but it is no excuse.
 

The Messiah

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Do us a favor please and compare the Gini of India and China. Despite claiming to espouse "socialism with Chinese characteristics" or whatever, China is one the most unequal countries in the world in terms of per capita in income.

However, I agree on the punctuality part. Punctuality isn't a part of Indian culture. Of course, this is becoming increasinly necessary in the modern-day economy, and people adapt when they have to adapt.

There is a story I often tell about this. In my hometown there is a train that is supposed to come at 9:00, but it always comes at 10:00 or so. Since it is late everyday, people only come to the train station at 10:00. But one day, the train came at 9:00, and no one was able to catch it. People protested quite a bit at this.

In response, the conductor said that the train was not on time, but actually late by 23 hours :)
:pound::pound::pound::pound:

Infact work gets done on time....people write 8pm on wedding card but expect people to come at 9pm (i mean they wanted people to come at 9pm in the first place)
 

tanlixiang28776

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I wasn't aware the Commerce Ministry had published 2010 annual figures yet. After checking, they have not. 1t was a rounded figure far away from the 1.5t you claim and closer to the 1.19 actually reached in 09'.
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html

The numbers here are reliable as well. It may be estimated but it won't be far from the real number unless the CIA is completely inept.

Your discretion is off by$300 billion. Until 2010 is published by the commerce ministry, it can't be used.
Your discretion is off by 200 billion as well in 2009 if you want to play that game and far higher for 2010.

Wait and see...
It's already 2011 so the report shouldn't be too far away. we already have monthly reports.

http://www.nytimes.com/2010/03/11/business/global/11yuan.html

http://www.nytimes.com/2010/10/14/business/global/14yuan.html

Refer to post #7... I know you don't like to read, but it is no excuse.
It refers to internal consumption and not exports. You should read it as well.
 
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RedDragon

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Do us a favor please and compare the Gini of India and China. Despite claiming to espouse "socialism with Chinese characteristics" or whatever, China is one the most unequal countries in the world in terms of per capita in income.

However, I agree on the punctuality part. Punctuality isn't a part of Indian culture. Of course, this is becoming increasinly necessary in the modern-day economy, and people adapt when they have to adapt.

There is a story I often tell about this. In my hometown there is a train that is supposed to come at 9:00, but it always comes at 10:00 or so. Since it is late everyday, people only come to the train station at 10:00. But one day, the train came at 9:00, and no one was able to catch it. People protested quite a bit at this.

In response, the conductor said that the train was not on time, but actually late by 23 hours :)
Sigh~, you still not get it.

It is about the road for lower/poor people to enter higher class/rich class. And if the lower people have the desire/determination to achieve it by hard working.

I have read a book of an india lady who has lived in China. I remember in the book she said she was astonished when her cleaner shake hands with her and talk with her about his plan about his futuer/ambition (sth like get some training and have a better job and open his own business). Because in India a cleaner will do the cleaner for a whole life.

I also have read some Chinese's article/blog about India. They said in India a lot of poor people who just working several hours a day, and spend a lot of time in dancing or celebration.

In China most of the poor people's life will be very busy. They often do several jobs at the same time, or do some small business in part time job. So that they can change their life.

Even if they can't earn enough money to pull themself from the poor life, at least they can send their children to the College and have the chance to start a bright future.

Most of the time Chinese are not satisfied by what they have now, and are willing to work hard to have a better life.
 

captonjohn

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Agree about punctuality point that Indian people should be more punctual as this habit of being late is common and I've seen it everywhere. There are a lot of things which can be learned from chinese economic reform but poor people here too work hard to earn but the problem is that they can easily get exploited by their bosses or high level people who pay them. No body punish them and nobody help those poor guys, even this problem still exists in middle class and high class that their bosses take advantage of their work, they take extra work but don't pay them for it.

People here too work hard but some rich guys exploit them.
 

Rage

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From my experience, to help your country get more GDP and development and your own person to get more money is just one method:"Work More".

One of the key factor of China's fast deveopment is that Chinese are willing to work more. In the factory Chinese works are willing to work more hours for extra money. They work more and product more. So the GDP of the country raised.

Take myself as an example. When I was in my twenties, I often work two jobs in the same time. Once a time, for a whole year I have worked for 3 jobs at the same time, one is the primary Job as a IT director in one company. And worked as a development director for a develop team to review their source code in the night. And worked as a tutor in an IT training school in the week end. I work very hard, in fact that year despite the part time jobs, I get a reward for my good performance in my primary Job.

It is good for both myself and my country. I have buy my own department earlier than others. And my country also develop more fast because my hard working.

Would you like to work in this way for both of youself and your country? :)
I'd thank you for your effort, but you demonstrate a poor understanding of economics.

Your productivity is determined not by the 'number of jobs' you have, but by how hard you work at a singular job and by the state of technology.

Unless the economy is at 'full employment', whatever that level is, you holding on to a different job, or two jobs or three jobs, is not beneficial to you, nor the nation or the country at large. Because you deprive someone, who is at partial employment, under-employed or unemployed of a job.

It does not help to improve GDP or percapita income. Nor does it help to improve national living standards.


In India, in the early 50's, my grandfather had four jobs. Working at a cinema, working at a restaurant, giving part-time tuitions to a student and cleaning the floors of a laundry room at a hotel near his house. He was also a part-time student. Later on in his life, he worked 16 hour shifts, at a refinery. There were many, in his age, who did that. Many who would hold onto two or three jobs. And work as a student toward a college or university degree or do an internship, if they were lucky at a western firm. It did not serve to increase the country's GDP, any more than in less extraneous situations.

I'd much rather, we be like the Americans. Work hard, at whatever you do and play hard.

Because working hard and working long are mutually exclusive. You cannot work hard, and simultaneously work long. The one is the co-axial definition, of the exclusiveness of the other. Try it at a gym, work out long and at an intensity of near-to-failure on all exercises, if you last more than 15 mins. at that intensity, you are a God. Anaerobic and aerobic exercises are the mutual definition of the exclusion of the other.

Holding multiple jobs is beneficial only to yourself, and even then I am not sure it entirely is. The health effects notwithstanding, your social life is negatively impinged and personal life takes a beating, and that impinges negatively on your productivity in the workplace.

Let me give you a lil' anecdote: The life of the average Indian farmer. He rises at 5 a.m in the morn, washes his face and eats a chapati and tea. He goes to the field at 6 a.m. and works until noon, at which point he returns for lunch and is back at work at one, until about 4. He then hops onto his bicycle and goes to get his kids from school, if they are indeed, in school, which most parents would cut their stomachs to die for. He then comes back and waters his field in the evening until about 6 p.m. He proceeds to get charcoal or firewood or whatever else his wife could not for the home stove and the home, from the local market. He hangs out with friends 'till 8 p.m., upon comin' back, chewing paan or betel leaf and talking about the village events. He then returns to his home to sup, talks with his wife about the state of the family, plays with his kids and sings loris to them if he can and is in bed by about 10. He has a 12 - 16 hour workday, and rises every day to work. This is about the average farmer, who is comfortable <in relative terms> and has his own piece or hectare or land, not one who is not bonded to labour in another's field. His wife usually works at 2 or 3 places as a domestic, besides looking after the family and caring for the meals and the children. The others, those who are wage-labourers have it even more rough, often moonlightiing at night as security guards or labourers washing engine wagons at rail depots in the country, or if they're lucky, a construction or cleaner's job in the city, or a sarkaari job which offers them few hours, but an assured income. The average Indian farm family works an average of 80 hours a week. This is an established, statistically proven fact.

The life of the average wage-labourer or office peon/worker in Mumbai. His usually starts at 4 a.m., for he catches the train at 4:30 a.m. from the outskirts of the city to the suburbs or downtown, to be there by 6 a.m. If he is a security guard at an office, or a bank or an institution, he is at his station by 6 a.m. If he is a vegetable vendor, or wholesaler he is at the Dadar market by 6 a.m. He picks out his produce and heads to the city or the suburbs, wherever his station, usually in a taxi-cab and sets up shop by 7:30 a.m. He works until 8 pm, with a lunch break and possibly a short afternoon nap. His work is hectic, particularly at peak hours when he is on his feet bagging for customers and haggling with em. He closes shop or has one of his assistants do it at 8 p.m., and sets out back home on the same train. He usually arrives by 9:00 or 10:00. Has dinner with his kids and his wife, and is in bed by 11 p.m. Repeat and rinse, . His work week is probably about 84 hours.

Neither of these serve to galvanize the economy, any more than having two people do the same job would. Because there are millions who are unemployed in both countries. There are millions more who are under-employed in both countries. They are tired, less active and consequently less efficient in the job they do. It would be a whole lot better, and do the country a whole lot more good, if they did what these farmers do:

http://www.croplifeasia.org/ref_library/croplifeAsia/Farmer-Biotech-India.pdf

Technology and improving themselves. Upward mobility is key. The nature of your work, changing it to be more productive, is what is required. Not working long hours and failing to improve yourself, experiencing burnout in the workplace and in yourself.


China is at least 25 years ahead of India in terms of socio-economic growth. It really doesn't matter how they achieved it, its working perfectly for them.

A misnomer. India's GDP is today what China's GDP was in 2003. Without revaluations. Several revlauations in Chinas GDP have occured since, which have pushed up the GDP in retrospect. None have occurred in India so far, but several are overdue. Particularly, because about 70% of the actual economy is the black economy.

In terms of growth alone, India is about 8 years behind China.

In terms of physical infrastructure, India is about 15 years behind China at the pace of construction in the architectonics/building/engineering industry in 2002. But as technology advances, as prefabricated building takes shape, taking into account all the bureaucratic delays and policies that hamper India, it is about 12 years behind China in the year 2010. Much of China's agglomeration in infrastructure happened during the 70's and during the 2000's anyway.

Besides, there is a severe downside to improving infrastructure too fast. The 'displacement' as a consequence of infrastructure agglomeration is not just environmental, it is human and economic. It happened during the Industrial Revolution in Britain and it has happened today- in China. China has fvcked up their environment, in many cases, to the point of disrepair. The economic impact of cleaning up, which is an economic generator in itself, is estimated to be colossal. But there is neither the willingness nor the will to do so- in both China and India.

As a side note, about $1.5 trillion is estimated to be invested in infrastructure in India during the next 8 years.


I saw the source of 158 million dollars worth of counterfeit products seized by U.S in 2007. U.S accounts for 1/4 of China's exports so lets raise that to 600 million dollars. Lets account for missing merchandise so 1.2 to 2 billion dollars. Even at this ridiculously inflated number counterfeit products account for only 1/1250 to 1/750 of China's exports nowhere near your 1/10 figure. I seriously doubt China can sell 150 billion dollars worth of counterfeit goods.If you have sources for this it would help


I don't understand how being hardworking and sacrificing for your country is somehow a bad model of growth. If you don't like its fine but 1.1 billion people can't all work in the services industry. At current IT in India accounts for 0.5% of India's working population. Most people still have to work in low end jobs to survive in any developing country. Looking down on China for following the development of all countries won't help India

Whatever the official figure is, it is undoubted that a wide variety of Chinese products are counterfeit imitations of the real thing. This should not hurt you. Because, there is a market in itself for these products. However, it does not represent innovation.

Chinese innovation is in other products, technology they've developed themselves, mostly independently from former learning. Like the trains in development at the Jiatong university, or the Lenovo Ideapad or the wind mills at Zhongke Energy. Those are things to be proud of.

Anyway, this discussion is not about Chinese innovation. So we'll leave it at that.

1.people should be more punctual.

"unpunctual" is not only impolite,but also increase the cost of social activities very much .
If everyone can be pucntual, it means more productivity and less cost.

2.more awareness of "all people are equal"

the barriers to stop the fluidity of the class should be cut off,such as castes and previlidges
This is probably the best post on this thread.

badguy hit the nail on the head.

Removing social barriers and developing a culture of non-latenees, or non-tardiness is imperative to the Indian context.


Sigh~, you still not get it.

It is about the road for lower/poor people to enter higher class/rich class. And if the lower people have the desire/determination to achieve it by hard working.

I have read a book of an india lady who has lived in China. I remember in the book she said she was astonished when her cleaner shake hands with her and talk with her about his plan about his futuer/ambition (sth like get some training and have a better job and open his own business). Because in India a cleaner will do the cleaner for a whole life.

I also have read some Chinese's article/blog about India. They said in India a lot of poor people who just working several hours a day, and spend a lot of time in dancing or celebration.

In China most of the poor people's life will be very busy. They often do several jobs at the same time, or do some small business in part time job. So that they can change their life.

Even if they can't earn enough money to pull themself from the poor life, at least they can send their children to the College and have the chance to start a bright future.

Most of the time Chinese are not satisfied by what they have now, and are willing to work hard to have a better life.
You have never visited India. Therefore, do not form your opinions about the daily lives of a billion people, from what you read in a book.

Indian people, in fact, do work very hard. They have no time for hangin' out on online forums, but in fact choose to spend their leisure time socially. Which is, perhaps, why perhaps the Chinese author felt they were 'hanging out' aimlessly. Because, they do not sit cooped up and locked in a bedroom, in solitary singularness. Indian people prefer to live in the real world, not in that of the internet.

The average Indian day-labourer is, in fact, very hard working. Doing a variety of jobs, that fall out of his task description, because of the lack of government services. Hence, you will see him building a dam, during the monsoons when flood waters rise after work. Or you will see her walk 10 kms. a day with heavy weights on her head, to fetch water. Or you will see him studying by the street lights at night, after a game of football, because of the bad electricity in his slums. There is no dearth of hard work in this nation. There is a dearth of concerted effort to put it to concentrated use. Hence, capacities remain underutilized, because there taxing demands everywhere else.

There is now, a revolution of sorts. As social barriers break down, and people see only how much money you have. Not which caste you come from, or what association you're with. This is the benefit of having an economy booming. Of course, government services still leave a lot to be desired. We are now in the stage, where the Chinese economy witnessed upward of 280 riots a day during the early 2000's. Of course, you will hear a lot more of it. Because we have a 'free', independent media.
 

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