China in 2011-2015
2016-09-26 06:14:40
China Report Asean 2016年3期
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China in 2011-2015
The 12th Five-Year Plan - which ran from 2011 to 2015 - saw the Chinese economy develop as well as modernize.
The service economy and high tech sectors were particularly strong as China continues to grow
Gross Domestic Product
A key goal of the 12th Five-Year Plan was to introduce more “quality growth” and place less focus on GDP growth alone. Growth averaged more than 7.8 percent from 2011-2015
Transportation
By the end of 2015， highway networks reached a total of more than 123，000 km while high speed rail links were lengthened significantly， to 19，000 km. China has grown to be the world's leader in high-speed rail technology
Service sector
importance grows
The service sector
has become an
integral part of
China's economy
Urbanization & employment
Trends of urbanization continued， while the labor force grew. Public services - particularly those related to health， transportation and education - received large boosts in funding
Per-capita
consumption
expenditure
reaches new high
Chinese citizens' consumption spending averaged ￥15，712 （$2，399） in 2015. Here's how those expenses break down
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