Industry Of The People's Republic Of China
Industry produced 72.8 percent of the People's Republic of China’s gross domestic product (GDP) in 2005. Industry (including mining, manufacturing, construction, and power) contributed 46.8 percent of GDP in 2010 and occupied 27 percent of the workforce in 2007. The manufacturing sector produced 44.1 percent of GDP in 2004 and accounted for 11.3 percent of total employment in 2006. China is the world’s leading manufacturer of chemical fertilizers, cement, and steel. Prior to 1978, most output was produced by state-owned enterprises. As a result of the economic reforms that followed, there was a significant increase in production by enterprises sponsored by local governments, especially townships and villages, and, increasingly, by private entrepreneurs and foreign investors, but by 1990 the state sector accounted for about 70 percent of output. By 2002 the share in gross industrial output by state-owned and state-holding industries had decreased with the state-run enterprises themselves accounting for 46 percent of China’s industrial output. In November, 2012 the State Council of the People's Republic of China mandated a "social risk assessment" for all major industrial projects. This requirement followed mass public protests in some locations for planned projects or expansions.
Read more about Industry Of The People's Republic Of China: History, Structure, Industrial Output, Machinery Manufacturing, Energy Industry, Automobile, Steel
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“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
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“When people put their ballots in the boxes, they are, by that act, inoculated against the feeling that the government is not theirs. They then accept, in some measure, that its errors are their errors, its aberrations their aberrations, that any revolt will be against them. It’s a remarkably shrewed and rather conservative arrangement when one thinks of it.”
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“I date the end of the old republic and the birth of the empire to the invention, in the late thirties, of air conditioning. Before air conditioning, Washington was deserted from mid-June to September.... But after air conditioning and the Second World War arrived, more or less at the same time, Congress sits and sits while the presidents—or at least their staffs—never stop making mischief.”
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“Consider the China pride and stagnant self-complacency of mankind. This generation inclines a little to congratulate itself on being the last of an illustrious line; and in Boston and London and Paris and Rome, thinking of its long descent, it speaks of its progress in art and science and literature with satisfaction.... It is the good Adam contemplating his own virtue.”
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