China is the leading economic and technological superpower in eastern Asia and has the second largest economy in the world. It has a communist party-led government with a focus on market-oriented economic development strategies. China has numerous mineral resources, as well as the world’s largest hydroelectric power potential. 54.7 percent of the land is utilized for agriculture. Major ethnic groups consist of the Han who are 92 percent of the population, and the Zhuang who are the minority. Languages spoken are Mandarin, the official language, as well as  Cantonese among many others. Major religions are Buddhism, Christianity, and Islam.

Due to the maturing of the Chinese economy and the effect of the economic war with the United States, the country’s economic growth is expected to continue decelerating, as it has gone from 7.8% in 2013 to 6.9% in 2017. Population growth has stabilized or even slowed, but per capita GDP, on the other hand, has grown from $8103 in 2016 to $8806 in 2017.

Average Monthly Earnings

Unemployment Rate

Employment by Sector

Agriculture 25.1%
Industry 27.5%
Services 47.4%

Schedule a Demo

Is your #globalHR difficult to manage across multiple countries? Regulations change each year and can be challenging to maintain. We can help: https://t.co/Kel0BaYgK8

#Argentina's Day of National Sovereignty is celebrated on the fourth Monday in November. This national holiday marks the Battle of Vuelta de Obligado which occurred on November 20, 1845. #globalcompliance #globalhr #globalpeoplestrategist #globalholidays #DíadelaSoberaníaNacional

Get #globalHRcompliance for your workforce in 150+ countries on one platform. Easy to use compliance guides, research tools, and more: https://t.co/1Mz4otzxfY

Today, Chhath Puja is celebrated in India and Nepal. Each year this holiday falls on the 6th day of the month of Karthika in the Vikram Samvat. #globalcompliance #globalhr #globalpeoplestrategist #globalholidays #ChhathPuja #India #Nepal

Garifuna Settlement Day is a national holiday in #Belize observed each year on November 19. The country celebrates the settlement of the Garifuna people in Belize after their exile from St. Vincent. #globalcompliance #globalhr #globalpeoplestrategist #globalholidays #Garifuna

Load More...