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China is the most populous country in the world with over 1.4 billion people. It has a one-party system led by the Chinese Communist Party and exercises control over mainland China as well as Hong Kong and Macau. China has a long history and was one of the world's earliest civilizations, becoming a global economic power from the 1st to 19th centuries. It is now the world's largest economy in terms of purchasing power and has experienced rapid economic growth since economic reforms began in 1978, reducing poverty and becoming a manufacturing and trade power.

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33 views1 page

Wiki

China is the most populous country in the world with over 1.4 billion people. It has a one-party system led by the Chinese Communist Party and exercises control over mainland China as well as Hong Kong and Macau. China has a long history and was one of the world's earliest civilizations, becoming a global economic power from the 1st to 19th centuries. It is now the world's largest economy in terms of purchasing power and has experienced rapid economic growth since economic reforms began in 1978, reducing poverty and becoming a manufacturing and trade power.

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Jason
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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of China (PRC; Chinese: 中华人民共和国; pinyin: Zhōnghuá Rénmín Gònghéguó), is

a country in East Asia. It is the world's most populous country, with a population of around 1.4 billion
in 2019.[9] Covering approximately 9.6 million square kilometers (3.7 million mi2), it is the world's third
or fourth-largest country by area.[l] As a one-party state led by the Chinese Communist Party (CCP),
it exercises jurisdiction over 22 provinces,[m] five autonomous regions, four direct-controlled
municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and the special administrative
regions of Hong Kong and Macau.
China emerged as one of the world's first civilizations, in the fertile basin of the Yellow River in
the North China Plain. China was one of the world's foremost economic powers for most of the two
millennia from the 1st until the 19th century.[19][20][21] For millennia, China's political system was based
on absolute hereditary monarchies, or dynasties, beginning with the Xia dynasty in 21st
century BCE. Since then, China has expanded, fractured, and re-unified numerous times. In the 3rd
century BCE, the Qin reunited core China and established the first Chinese empire. The
succeeding Han dynasty (206 BCE–220 CE), saw some of the most advanced technology at that
time, including papermaking and the compass, along with agricultural and medical improvements.
The invention of gunpowder and movable type in the Tang dynasty (618–907) and Northern
Song (960–1127) completed the Four Great Inventions. Tang culture spread widely in Asia, as the
new Silk Route brought traders to as far as Mesopotamia and the Horn of Africa. The Qing Empire,
China's last dynasty, suffered heavy losses to foreign colonialism. The Chinese monarchy collapsed
in 1912 with the Xinhai Revolution, when the Republic of China (ROC) replaced the Qing dynasty.
China was invaded by empire of Japan during World War II. The Chinese Civil War resulted in a
division of territory in 1949 when the CCP led by Mao Zedong established the People's Republic of
China on mainland China while the Kuomintang-led ROC government retreated to the island
of Taiwan.[n] The PRC is sometimes referred to as Mainland China (or the mainland) to distinguish
the ROC from the PRC.[22][23][24]
China is the largest economy in the world by PPP since 2014, the second-largest by nominal
GDP since 2010, the world's largest manufacturing economy since 2010,[25] and the second-
wealthiest nation in the world. Since the introduction of reforms in 1978, the economy of China has
produced numerous significant achievements. They include the country being the world's fastest-
growing major economy (since 1978 China’s GDP growth has averaged almost 10 percent a year),
[26]
 the continuation of the world's fastest rise in GDP per capita recorded from 1960 to 2018,[27] the
world's highest amount of exports, the world's fastest-growing consumer market,[28] the world's
largest banking sector (with assets of $40 trillion and the world's top four largest banks all being in
China),[29][30] having four of the world's top ten most competitive financial centers (Shanghai, Hong
Kong, Beijing and Shenzhen) in the 2020 Global Financial Centres Index (more than any other
country),[31] lifting more than 850 million people out of poverty,[32][33] and having the highest number of
people in the top 10% of the wealthiest individuals in the world.[o][34]

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