CHINA’S ECONOMIC GROWTH UNDER THE RULE OF XI JINPING

Abstract

China, with a continuous existence of more than four millennia, represents one of the oldest civilisations in world history. Today’s People’s Republic of China is the second economic superpower of the world. It is not only the second-biggest economy in the world but also the largest trading nation. The aim of our paper is twofold: on the one hand, to define the concept of economic growth and, on the other hand, to briefly present and analyse China’s economic growth since Xi Jinping has taken the power in 2012. In this sense, the author used a qualitative research method. The paper demonstrated that China’s economic growth constitutes one of the most important issues on Xi Jinping’s agenda. Also, it showed that in the past decade the Asian colossus attained remarkable achievements in the evolution of its gross domestic product and growth rate.

Keywords

• economic growth
• gross domestic product
• china
• xi jinping