China is the second world economic power by Gross Domestic Product. Strong in exporting rice, wheat and potatoes; in the industrial sector, China is sometimes considered as the manufacturing workshop of the world, hosting a large number of industries from other countries and building strategic financial and commercial relations with the economies of Western countries.
China is also part of the BRIC nations (Brazil, Russia, India, China), the so-called emerging economies.
Official Name: | People’s Republic of China |
Form of government: | Socialist Republic |
Head of State: | Hu Jintao |
Head of Government: | Wen Jiabao |
Currency: | Chinese Yuan or Renminbi (CNY) |