Group1 China
Group1 China
Group1 China
GOVERNANCE
IN EAST ASIA
(CHINA)
Presented by; Group 1
Contents of this template
Reporter 3 Economy
Reporter 6 Conclusion
Members
03
Jairulla, Mimladen
Suhod, Nashruddin
01
CHINA
What is China
● China is a country located in East Asia. It
is the world's most populous country,
with a population of over 1.4 billion
people.
Tea Culture:
Tea holds a special place in Chinese culture,
symbolizing hospitality, peace, and mindfulness. Tea
ceremonies and rituals are often performed during
social gatherings and celebrations.
Traditional Clothing:
The Hanfu is traditional Chinese clothing, characterized by
its loose, flowing robes. The style has evolved over different
dynasties.
The qipao or cheongsam is a more modern form of dress,
often associated with special occasions.
● leader of the Nationalist Party (Kuomintang) and served as the head of the
Republic of China from 1928 to 1949. Chiang led the Nationalist
government in its struggle against the Communist Party of China and the
Japanese invasion during World War II.
●
Chiang kai-shek
● Chiang established a government in exile and continued to lead the
Republic of China from Taiwan until his death on April 5, 1975.
● He was the first chairman of the People’s Republic of China from 1949 to 1959. Mao
was one of the most influential and controversial political figures of the 20 th century,
not only in China but also abroad. He was a key figure in the Cold War and the
communist movement, leading a long revolution in China from 1927 to 1949 and
ruling the PRC from 1949 to 1976.
04
Economy
HOW CHINA EVOLVE
AND MAKE PROGRESS IN
THEIR ECONOMY?
A number of different reasons and
tactics that have been put into place
over multiple decades have
contributed to China's economic
evolution and progress.
Reform and Opening-Up (1978):
China's economic transformation began with Deng
Xiaoping's "Reform and Opening-Up" policy in 1978.
This initiative aimed to shift from a centrally planned
economy to a more market-oriented one. Special
Economic Zones (SEZs) were established to attract foreign
investment and promote export-oriented growth.
Infrastructure Development:
China invested heavily in building infrastructure,
including transportation networks, energy systems,
and telecommunications. This helped create a solid
foundation for economic growth by facilitating
efficient movement of goods and people.
Export-Led Growth:
China focused on becoming the "world's factory" by
emphasizing export-led growth. This involved
producing goods at competitive prices, often through
low-cost labor, and selling them on the international
market.
Foreign Direct Investment (FDI):
China actively attracted foreign investment, especially in
the manufacturing sector. Foreign companies set up
operations in China, leading to technology transfer, job
creation, and increased production capabilities.
Educational Reforms:
China invested in education and skill development to
create a workforce capable of supporting a rapidly
growing economy. The emphasis on science,
technology, engineering, and mathematics (STEM)
education has contributed to technological
advancements.
State-Owned Enterprises (SOEs) Reforms: While
maintaining a significant role for state-owned
enterprises, China implemented reforms to make them
more competitive and efficient. Some sectors were
opened up to private and foreign investment.
Financial Sector Reforms:
China gradually liberalized its financial sector, allowing for
more diverse financial services, including the establishment
of stock markets and the internationalization of the Chinese
currency, the yuan (renminbi).
Global Trade and WTO Accession:
China's accession to the World Trade Organization
(WTO) in 2001 facilitated increased access to global
markets and encouraged further economic reforms.
Technological Innovation:
China has increasingly focused on technological
innovation and research and development. The
government has implemented policies to support
industries like information technology, biotechnology,
and clean energy.
.
05
FORMS OF
GOVERNMENT
FORMS OF GOVERNMENT
Military Courts
State
Council
Politburo Standing Committee members
1. Wang Yang
2. Wang Huning
3. Li Keqiang
4. Li Zhanshu
5. Han Zheng
6. Zhao Leji
The Politburo
National People’s Congress
• Consist of another
• About 3000 National 18 members
People’s Congress
Judiciary And Prosecutor
Li Keqiang
State Council Head, Chinese
Committee Member
Military
Xi Jinping
Central Military
Commission Chairman,
Political System
● One party-system with the Communist Party of China as the sole legal
political party.
●Constitutional Framework
- The PRC constitutions adopted in 1982, outlines the countries basic laws and
principles.
●Military
- The People’s Liberation Army (PLA) is the armed forces of the PRC. One of the largest
military forces in the world.
• China currently has an upper middle class of income. Despite having eliminated
extreme poverty, a sizable portion of the population is nevertheless at risk, with
earnings below the levels more commonly associated with poverty in upper-
middle income nations.
STRATEGY
• For more than 40 years, China and the World Bank Group (WBG)
have collaborated. Released in December 2019, the WBG's new
Country Partnership Framework (CPF) for FY2020 to 2025 illustrates
how the Bank Group's relationship with China has evolved toward
less lending and more selective engagement in accordance with the
capital increase commitments made by its shareholders in 2018.