Monday, May 13, 2019

Macroeconomics - Economic Growth Essay Example | Topics and Well Written Essays - 250 words

Macroeconomics - economic Growth - Essay ExampleMost of the regional developments brook been caused by local and international investments. Research has placed mainland chinaware among the top countries with increased industrial developments. Economic leaders have ensured friendly policies so that investors can start businesses in local areas. Finance has excessively been offered to local investors with business ideas through the sale of bonds by local governments.The regions act as economic blocks where achievement and trade is regulated (China Central Television 2014). Free trade and a large capital and clement resource have contributed to most of the economic developments in China. Industries in these regions range from electronic companies to designer garment firms. They provide job to locals leading to middle and upper class lifestyles. Chinas high state has been advantageous in the provision of local markets (China Central Television 2014). Most of the produced goods ar e sold topically while the national government invests in exports as a source of income. Reliance on familiar sources of raw materials has also enhanced the countrys economic stability because economic meltdowns in other countries do not cause a chain reaction. Despite its high population, presence of skilled turn over and investment programs has led to job creations leading to better lifestyles that are a sign of economic development.China Central Television. (2014, May 29). China pursuing coordinated regional economic development - CCTV News - CCTV.com English. China pursuing coordinated regional economic development - CCTV News - CCTV.com English. Retrieved May 30, 2014, from

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.