China's Economy

  • Jan 1, 1368

    Ming Dynasty Starts

    Ming Dynasty Starts
  • Ming Dynasty Ends

    Ming Dynasty Ends
  • Taiping Heavenly Kingdom Movement 1

    Taiping Heavenly Kingdom Movement 1
    Taiping army captured the city od Nanjing, capital in Tianjing
  • Taiping Heavenly Kingdom Movement 2

    Taiping Heavenly Kingdom Movement 2
    Shi Dakai command expedition, army defeated
  • Second Opium War

    Second Opium War
    The United Kingdom proposed amendments to the British "Nanjing treaty", but that was rejected by the Qing government, so Britain took up the Second Opium war. In fact, the quality and this war is the great powers in order to further open the Chinese market, to obtain economic benefits.
  • Tianjin Treaty

    Tianjin Treaty
    Russia, the United States, Britain, France have forced the Qing government signed the "Tianjin Treaty"
  • Westernization Movement

    Westernization Movement
    This movement, led by Yi Xin, took the deveopment of China's militarym civilian, education, etc. The Chinese bourgeoisie and the development began to start the first modern enterprise and the creation of the northern, Nanyang, Fujian three navy.
  • Beijing Treaty

    Beijing Treaty
    The Anglo-French forces captured Tianjin, by the way of burning, killing and looting; Emperador Xianfeng fled to Chengde Mountain Resort, allowed his brother Prince Gong Yi being as the representative and minister and left Beijing. Then, the british and french troops looted and burned the Royal Garden in the Western suburbs of Beijing, been kwown to all the world Old Summer Palace and they occupied Beijing. And forced the Qing government to sing this treaty.
  • Taiping Heavenly Kingdom Movement 3

    Taiping Heavenly Kingdom Movement 3
    Hong Xiuquan died if illness. In July, the army stormed the day in the capital, Tianjing collapse
  • Recover Xinjiang

    Recover Xinjiang
    Zuo Zongtang rate soldiers recover Xinjiang.
  • Recover Xinjiang 2

    Recover Xinjiang 2
    The elimination of Yakoob regime recaptured all the territory except for Yili area of Xinjiang north and south of the Tianshan mountains.
  • Recover Xinjiang 3

    Recover Xinjiang 3
    Zeng Jize and representatives of Russia signed "Sino Russian Treaty of Yili" and "land trade regulations"
  • Sino-French War Starts

    Sino-French War Starts
    Sino-French war, signed the "Sino-French New Testament"
  • Westernization Movement

    Westernization Movement
    The French army attack in the Qing Dynasty
  • Economic Stagnation

    During this year and the following decades, China had an economic stangnation, this from 1800 to 1946 which has the supposed cause the lack of industrialization during the nineteenth century
  • Rural Areas

    Rural Areas
    We realize that the situation is not favorable for the rural people
  • Sino-French War Ends

    Sino-French War Ends
  • Sino-Japanese War

    Sino-Japanese War
    In the Jia Wu Sino-Japanese War, China failed.
  • Signing of the Treaty of Shimonoseki

    Signing of the Treaty of Shimonoseki
    Greatly enhance the Chinese social semi colony defree. Jia Wu Sino-Japanese war in the Northern Fleet, the whole army was wiped out, indicating the bankruptcy of the Westernization Movement.
  • Unproductive Expenditures

    The compensations aforementioned given to China, caused immense unproductive expenditures just after compensation that Japan had given to China
  • The Great Debt

    The great debt of China with foreign countries was at the level that the government paid 40% of government revenue, becoming exorbitant in different aspects.
    In adition to the external debt, the cost and the addiction to opium were factors that no helped China to grow financially
  • Dynasty Qing Ends And...

    Dynasty Qing Ends And...
    Established the Republic of China and several industries relating to the military force to prepare and win the war with Japan and Chinese civil war
  • Chinese Revolution

    Chinese Revolution
    The people wanted that the regimen of Mao Tse Tung finished. So, in that moment China was in crisis, in all aspects, also during this period the japonese try to conquer China
  • China's per capita

    1950-1978.- China's per capita GDP on a purchasing power parity (PPP) basis, a common measurement of a country
  • First Five-Year Plan

    To have a better results the government of China create the “Five-Year Plan (FYPs)”; in this established economic and social goals in an exactly period with consideration to care and coordinate local governments, policy in all and relations
  • Leadership of Mao

    Leadership of Mao
    1958-1960
    Suffered with economic downturns with the leadership of Mao Zedong
  • Decade of Unrest

    When it ended the Cultural Revolution in China (better known as) "Decade of Unrest" when the economy slowly collapsed
  • China's foreign trade

    Only a few public companies were in charge of China's foreign trade (12), the control system work in imports and exports, it also implied license control in the foreign and domestic trade
  • 78s Reform

    Since the creation of this reform, the economy of China has been increasing so fast. The main facts in the reform were:
    The liberalism and the promotion of private companies
    Encourage the competences between regions
    Make easier the commerce inside the country
    Finish with their economic isolation, and open the doors to other countries
  • New Structure

    A structure was adopted without centralize on a cross with some differences in their exports, and that power was delegated to localities and departments to the establishment of companies specialized in foreign trade
  • Cooperation

    China began to promote cooperation, joint investment and joint property on different forms such as public, collective, individual and foreign
  • Trade was separated into government enterprises

    Trade policy instruments which catered for establishing these goals were:
    Greater emphasis on import tariffs and export extension the rate used (and Disposal The anti-export bias);
    A plan based on import trade;
    The application of licenses, quotas, export centralizations and imports and other quatitative controls on trade
  • No Economic Crisis

    The development in China stay the same as the past years. But, China wasn't afected by the economic crisis, then China loses points in the next year
  • Consecuences of 78s Reform

    Th GDP increased 130 percent in the last 20 years
    Social inequality increase
    The poverty has been declined from the 97% to the 36% between 1981 and 2005
  • Growing up as a Nation

    Everything starts with the industrial revolution and is when the country starts to make industries and make jobs in China industrial revolution, just happened in the XXI century
  • Efect of Industrial Revolution

    In late 2002 the industrial revolution made effect in China's economy, it grows 7,3%
  • Highest Value

    In 2003 China where up to 9,9, the highest value in history of China's economy.
    The road of trains and cars expanded making the trade easly. In this year the technological revolution start to emerge in China. The incrising of demand and invertions has accelerates the economy
  • Overheated Economy

    In 2007 the economy was overheated because the amouth of grow in China's economy, also in this year China was the second one making millionares
  • Growing Up

    In this year, China exceeded japanese economy with 10,7% despite the economic crisis in the 2008. The economy doesn't grow by itself, the China government stimulate the economy with more than 500 millions
  • Present

    China became a powerhouse because their amazing industrial and economical grow and the low cost manufacturing.
    In the actual China, just had lost 4.5 billions in the market value, this is because the basic products and gold or petrolium get low their value.