China's vision 2080

Country's need the vision to go foward. Now, China has revealed her own vision, after the country published the "China Modernization Report 2005", which outlines the development of the country in three stages.

"Experts and scholars involved in the study believe that China's modernization of economy is scheduled to bring it into the ranks of the world's top 40 developed countries in the first half of this century. They predicted that the country's modernization process will be upgraded in three stages to achieve this goal.

In the middle of this century, China will become a "moderately developed country" instead of simply remaining as a "primarily developed one."

Around 2080, persistent economic growth will enable China to become a "developed country" and then to be in front of the world's most industrialized countries within the next two decades.

Already today, China's economy has overtaken Germany's. There are estimates that the country will overtake the US as the world's largest economy by 2050. This gives it a period of 30 years to extend its lead and power ahead. The major danger, so, is to control the further exploitation of resources, in order to avoid further depletion of the planet.

(By Asia Business Consulting)