China’s SHOCKING! Rise | Then and Now | 1922-2022 | 中国伟大复兴与现状 | 1930-2022

#china #chinadrone #chinavlogs #chinanowandthen #chinaeconomy China’s SHOCKING! Rise | Then and Now | 1922-2022 | 中国伟大复兴与现状 | 1930-2022 Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education, and other services over the same period. China is now an upper-middle-income country. It will be important going forward that poverty alleviation efforts increasingly shift to address the vulnerabilities faced by the large number of people still considered poor by the standards of middle-income countries, including those living in urban areas. China’s high growth based on resource-intensive manufacturing, exports, and low-paid labor has largely reached its limits and has led to economic, social, and environmental imbalances.