Economy of China

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The GDP of China according to 2010 is US$ 5.98 trillion and in purchasing power parity it is round about US$ 10.10 trillion. The purchasing power GDP of China per Capita was US$ 7,600 according in the year 2010. There are many types of natural resources that are found in China that are Petroleum, Coal, Natural Gas, Iron Ore, Tin, Manganese, Mercury, Vanadium, Tungsten, Molybdenum, Antimony, Magnetite, World largest Hydro Power Potential, Aluminum, Uranium, Zinc and Lead. China is the world’s largest producer of the rice, potatoes, wheat, tea, corn, barley, peanuts, millet while on the other hand the commercial crops of China includes Fibers, Cotton, Fish, Apples, Pork and Oilseeds. The country of china also produces variety of live stock products as well. In the industries of China Iron industries, mining and ore processing industries, steel industries, aluminum industries and many other metals that include coal, machine building, textile, armaments, apparel, petroleum, cement, chemicals, fertilizers and consumer products that include footwear, electronics and toys are the most common. In other industries of China food processing, transportation equipments that include rail cars, automobiles and locomotives, aircrafts and ships.

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