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China is one
of the world's oldest civilizations. It
boasts of the world's longest written
language system. In 2009, China's GDP
rate touched 2009 is CNY33, 535.3
billion at current prices, 8.7% up on
2008 in real terms. The industrial
structure constitutes mining, iron,
steel, textile, petroleum, cement,
chemicals, fertilizers, automobiles,
aircraft, food processing, aluminium and
satellites. Recently, China has become
world's third largest stock market. The
country is a worldwide acclaimed
supplier of machinery, electrical
products, textiles, steel and mobile
phones with a total export of $
1,194,000,000,000 (est. 2009).
Economic Review
According to an article by Indian
Industries, the economic review of China
can be stated as under:
• Third largest economy in the world in
terms Purchasing Power Parity (PPP).
• World's largest developing economy.
• In the last quarter (2007-08), the
economy has changed from a centrally
planned system to a more market-oriented
economy. The country experienced
tremendous economic growth since the
late 1970s.
• Third largest trading country in the
world.
• Mainly dominated by industry but
agriculture is the leading occupation.
• World's largest producer of rice and
wheat and major producer of sweet
potatoes, sorghum, millet, barley,
peanuts, corn, soybeans, and potatoes.
In cash crops it ranks first in cotton
and tobacco. Important producer of
oilseeds, silk, tea, ramie, jute, hemp,
sugarcane, and sugar beets.
• One of the world's major mineral
producing countries.
• Ranks first in world production of red
meat.
• With improved technology, the fishing
industry has grown considerably since
the late 1970s.
Textiles
According to an article by
Chinadaily.com, China's textile industry
output in 2009 had reached 3.8 trillion
Yuan ($733,000), a year-on-year growth
of 25.4 percent, according to a report
released on March 02, 2010, by
Chinadaily.com.
China exported $156.6 billion worth of
clothing and textile products in the
first 11 months of 2007, up 20 % from a
year earlier, the National Development
and Reform Commission stated recently.
However, there are predictions that
China's growth in exports of apparel may
become slow after 2010, and its
purchases of shoes and clothing from
overseas may rise as domestic consumers
become more affluent.
China's cotton imports rose from 7.0 in
2008/09 to 11.5 in June 2010/11,
according to data by cottoninc.com.
Carpet Industry
Carpet weaving has existed in China
since the time of Marco Polo. The
occupation of more than half of the
Chinese population has been in
agriculture and animal husbandry.
Chinese wool especially in the Northern
region of the country is very famous
world over. Cotton planting is
abundantly followed in China along with
people working in silkworm farms in
order to produce silk, which is used in
carpet weaving.
Dyes are often chemical and the carpet
designs are very original, reflecting
old traditions, customs and culture of
Chinese people. Traditional names and
trademarks are used for carpets produced
in different regions of China. For
instance, carpets woven in Beijing have
a special sign and the name of “Temple
of Heaven”.
There are certain dimensions in Chinese
carpets that are mostly determined by
customers, designers or weavers. In
carpets, 1.83 X 2.75 to 3.66 X 5.49m are
famous while in rugs category, 1.52 X
2.44 to 0.61 X 0.91m are in huge demand.
The number of wales (a chain of loops
running lengthwise in knit fabric), in
ordinary Chinese carpets is 20 and in
carpets to be exported, it ranges from
24 to 50. The knots are asymmetric and
are woven coarsely with long pile.
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