lots of CHInese cities to be "high-income economy"

Discussion in 'China' started by badguy2000, Jan 21, 2012.

  1. badguy2000

    badguy2000 Respected Member Senior Member

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    well. recently, Beijing declared that its nominal per capital GDP suprassed 12K USD and is to be a "hign-income economy"...

    so are dozens of other Chinese cities such as SHanghai,shenzhen ...etc.


     
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  3. Ray

    Ray The Chairman Defence Professionals Moderator

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    It is not important as to how many become high income.

    It is important to have the complete population's income better and capable of acquiring the basic necessities and more.

    Because coming out of a command economy to a market economy raises the desires and greater the gap between the haves and have nots if unfulfilled can lead to social unrest.

    Notwithstanding, a good goal to achieve.
     

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