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With the development of the times, many things are also quietly changing. For a long time, China has been one of the countries with the fastest economic growth rate in the world, and with its current large size, the economic growth rate is the fastest, which also means that we are expected to become the world's number one.
But China's GDP also encountered problems in the first half of the year, not showing an increase, but rather a decrease of a full 160 billion yuan, which is not a small number.
Obviously, the global economic situation this year is treacherous and unpredictable. After the global turmoil caused by the battlefield in Ukraine, there is another new turmoil in the Middle East, which has brought potential crises to the economic situation.
The turbulent situation not only restricts more and more key industries, such as oil in the Middle East and agricultural exports from Ukraine, but also many investors tend to keep their money in their hands or invest in more stable areas. In the current era of too much risk, everyone is unwilling to take the lead.
It is obvious that China's GDP has also been affected by the downturn in the world economic situation, which is why it has declined. However, for China's huge economic size, 160 billion is just a small and insignificant number.
At present, China is in a very important stage of transformation. Our previous traditional industrial system has already formed the driving force for China's development. However, in order to move towards a better future, it is inevitable to slash the traditional industrial system because we need to focus more efforts on emerging industries, transform the country's economic model and industrial pattern, and give China the opportunity to officially enter the ranks of developed countries.
For China, which has a demographic dividend, manufacturing is very profitable, but this is also the position that the United States and the West hope China will always stay, because they only hope to lead the world in high-end manufacturing and technology industries.
But the demographic dividend will not last forever. Currently, China has a certain trend of aging population, which will definitely affect the future market structure. Moreover, as India's population gains the top spot, continuing to compete in this field is no longer rational.
As China does not want to be controlled by the United States and the West, we are moving towards a new industry. Faced with the transition from old to new, China's economic situation will inevitably be affected, which is also why China's GDP has declined.
At the same time, not only China, but also the global economic landscape has undergone subtle changes. Firstly, China and the United States still rank among the top two, which has been difficult to shake for a long time.
But in the last three places after China and the United States, changes are inevitable. One important message is that Japan is no longer the third largest country in the world, which is difficult for the Japanese to accept.
At the end of the last century, Japan was expected to climb to the top of the world. However, under the insidious targeting of the United States, this plan was just a mirage in the water. Although the United States regards Japan as an ally, it is absolutely impossible to sit idly by while Japan threatens its position.
But this also reflects in some ways that Japan, as the top developed country in the Asian region, once led the economy of Asia and even the world.
With its unique advantages, Japan's technology enterprises and emerging industries have developed significantly, which is why Japan can threaten the position of the United States. But after this GDP turnover, Japan has become the fourth largest country in the world, and Germany has engaged in a counter surplus. Germany's counter surplus is actually not surprising.
Although Germany's economic situation this year is relatively average and not very good, due to the impact of the conflict in Ukraine, Germany has provided a large amount of real gold and silver support.
But after all, with the withdrawal of the UK, Germany and France have become the absolute core of the EU, possessing the power to dominate the entire EU. Therefore, Germany can still benefit from the chaos, stabilize its development structure and path, and even hope to promote the Industry 4.0 plan, making Germany once again the top of the manufacturing industry.
But Germany's industrial plan encountered a slight setback because unlike in the past, Germany no longer has so many workers, both in terms of population size and national structure.
Japan and Germany are the third and fourth largest in the world, which is stable at the moment, but they will not always be so comfortable in their current position because they also have certain risks and will be threatened by other emerging countries. Currently, India ranks fifth in global GDP, which is Japan and Germany's biggest competitor.
According to data from the first half of 2023, the GDP scale of China and the United States is around $10 trillion, achieving a fault like lead.
However, India's GDP has reached $1700 billion, which is not much different from Japan and Germany, which rank third and fourth with $210 billion.
After so many years of development, the economic landscape between Japan and Germany has basically been fixed, and there will be no major breakthroughs. Germany will be restricted and targeted by Britain and France in Europe, and Japan will be under the control of the United States. How easy is it to break the situation?
But India is different. Due to its large population, it can enjoy the best global demographic dividend and has the opportunity to achieve China's leapfrog development at the beginning of the 21st century. At the same time, India is also very envious of China's second place in the world. We need to vigorously develop ourselves while being cautious in treating this neighboring Asian region.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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