china-vs-india-comparison-final-ppt.pptx
- 1. India vs. China Economy Presented By: Team 1 Abhishek Kumar Jaspreet kaur Khushboo Gulati Richa Garg Yogesh Grover
- 2. India and China Emerging Global Players High economic growth rate Rapid raising share in world Large inflows of FDI
- 3. Geographical India China Seventh largest Total area: 32, 263 sq kms Cities: Capital- New Delhi. Other major cities-Mumbai, Delhi, Kolkota, Banglore, Hyderabad. Terrain: Upland plain (Deccan Plateau) in south, flat to rolling plain along the Ganges, deserts in western region of India, Himalayas in northern region. Climate:TheTropical monsoon in south India to temperate in north India • Third Largest • Total area: 9,596,961 sq. km. • Cities: Capital-Beijing. Other major cities--Shanghai,Tianjin, Shenyang, Wuhan, Guangzhou, Chongqing, Harbin, Chengdu. • Terrain: Plains, deltas, and hills in east; mountains, high plateaus, deserts in west. • Climate:Tropical in south to subarctic in north. Source:www.india.gov.in www.china.gov.in
- 4. Demographics India China Population:1,173,108,018(2010 est.) Age structure 0-14 years: 30.5% 15-64 years: 64.3% 65 years and over: 5.2% Population growth rate: 1.376% (2010 est.) Birth rate: 21.34 births/1,000 population (2010 est.) Death rate: 7.53 deaths/1,000 population (July 2010 est.) Net migration rate: 0.05 migrant(s)/1,000 population (2010 est.) Population (July 2010 est.): 1,330,141,295. Age structure • 0-14 years: 19.8% • 15-64 years: 72.1% • 65 years and over: 8.1% Population growth rate (2010 est.): 0.494%. Birth rate:12.17 births/1,000 population (2010 est.) Death rate: 6.89 deaths/1,000 population (July 2010 est.) Net migration rate: 0.34 migrant(s)/1,000 population (2010 est.)
- 5. India China Urbanization urban population: 29% (2008) rate of urbanization: 2.4% (2005-10 est.) Sex ratio:1.08 male(s)/female (2010 est.) Infant mortality rate: 49.13 deaths/1,000 live births Life expectancy at birth: 66.46 years Literacy: 71% Urbanization urban population: 43% (2008) rate of urbanization: 2.7% (2005-10 est.) Sex ratio:1.06 male(s)/female (2010 est.) Infant mortality rate: 16.51 deaths/1,000 live births Life expectancy at birth: 74.51 years (2010 est.) Literacy: 91.6% Contd…. Source: indexmundi.com
- 6. THE LEGACY OF THE ONE CHILD POLICY 1979 Few children to support a rapidly aging population The era of cheap, young Chinese labor is over A rapidly aging population
- 7. Nationality Ethnic groups Religions Languages Socio-Cultural
- 8. Political INDIA CHINA Country Name – Republic Of India. Govt.Type – Federal Republic. Capital – New Delhi. Administrative Division – 28 States & 7 UnionTerritories. Independence – 15th Aug. 1947. Constitution – 26th Jan. 1950. Govt. Power – Executive, Judiciary & Legislative. Legal system – Based on English common law. Suffrage – 18 yrs. Political Parties – NDA & UPA. Country Name – People’s Republic Of China. Govt.Type – Communist State. Capital – Beijing. Administrative Division – 23 Provinces, 5 Autonomous Region, & 4 Municipalities. Independence – 221 BC, 1st Jan. 1912 & 1 Oct. 1949. Constitution – 4 Dec. 1982. Govt. Power - Executive, Judiciary & Legislative . Legal System – Based on Civil law system. Suffrage – 18 yrs. Political Parties – CCP.
- 9. Infrastructure and Technology INDIA Road – Total length 30 lakh km (both metalled & unmetalled). Rail – Total length 63000 km (including 13000 km electrified). Shipping – 90% trade through sea, total income 64bn. Major ports – Kolkata, Mumbai, Chennai, Goa, Cochin &Vishakhapatnam. Aviation – US $9 bn. turnover in 2010, total no. of passenger 3.67 million, annual growth 9-10%. Telecom – 800 million subscriber in 2010, total income $19.50 bn. Internet - 53 million CHINA Road – Total length 2.9 million km Rail – Total length 91000 km Shipping – 4200 km (2600 km in Himalayan boarder), total income US$100 bn. Aviation – Total turnover US $13.1 bn. Telecom – 1.2 billion, total income $56.9 bn. Internet – 420 million
- 10. Economic Indicators India China Rank 11th (nominal) / 4th (PPP) Currency Indian Rupee (INR)=100 Paise Fiscal year Calendar year (1April — 31 March) Trade organizationsWTO, SAFTA, G- 20 and others GDP $1.43 trillion (nominal: 11th; 2010) $4.00 trillion (PPP: 4th; 2010) GDP growth 8.9% (2010, Q2) GDP per capita$1,176 (nominal: 137th; 2010) ,$3,290 (PPP: 127th; 2010) GDP by sector services (57%), industry (28%), agriculture (15%) (2009–10) Rank 2nd (nominal) / 2nd (PPP) Currency Renminbi (RMB); Unit: Yuan (CNY) Fiscal year Calendar year 01 January to 31 December Trade organizationsWTO,APEC, G-20 and others Statistics GDP $5.88 trillion (nominal: 2nd; 2010),$10.08 trillion (PPP: 2nd; 2010) GDP growth 10.3% (1st; 2010) GDP per capita $3,735 (nominal: 97th; 2009), $7,518 (PPP: 93th; 2010) GDP by sector industry (46.8%), services (42.6%), agriculture (10.6%) (2009)
- 11. India China Inflation (CPI) 8.43% (December 2010) Gini index 36.8 (List of countries) Labour force 478 million (2nd; 2009) Labour force by occupation agriculture (52%), industry (14%), services (34%) (2009 est.) Unemployment 9.4% (2009–10) Main industries Information Technology , telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, pharmaceuticals Ease of Doing Business Rank 134th Inflation (CPI) 5.1% (November 2010) Gini index 46.9 (List of countries) Labour force 813.5 million (1st; 2009) Labour forceby occupation agriculture (39.5%), industry (27.2%), services (33.2%) (2008) Unemployment 4.2% (July 2010) Main industries mining and ore processing, iron, steel, aluminium, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships Ease of Doing Business Rank 79th Contd….
- 12. Import and export India China Exports $210 billion (17th; 2010) Export goods software, petroleum products, textile goods, gems and jewellery, engineering goods, chemicals, leather manufactures Main export partners US, UAE, China(2008) Imports $327 billion (11th; 2010) Import goods crude oil, machinery, gems, fertiliser, chemicals Main import partners China, Saudi Arabia , US, UAE, Iran, Singapore, Germany (2008) Exports US$1,577.93 billion ; 2010 Export goods electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment Main export partners US ,Hong Kong, Japan, South Korea, Germany (2009) Imports US$1,394.83 billion; 2010 Import goods electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals Main import partners Japan ,Hong Kong, South Korea, US,Taiwan, Germany(2009)
- 13. India China FDI stock $191.1 billion (23rd; 2010) Gross external debt $237.1 billion (2010 est.) Public debt 3,495,152 crore (US$758.45 billion) (2009–10) Revenues $129.8 billion (2009 est.) Expenses $214.6 billion (2009 est.) Economic aid $1.724 billion (2005) Credit rating 1.164 trillion (2010 est.) Foreign reserves $300 billion (6th; Nov 2010) FDI stock $100 billion (2010) Gross external debt $347.1 billion (22nd; 2009) Public debt 18.2% of GDP (107th; 2009) Revenues $1.260 trillion (2010) Expenses $1.358 trillion (2010) Economic aid: $1.12 per capita (2008) Credit rating $5.555 trillion (4th; 2008) Foreign reserves $2.847 trillion(2010) Contd….
- 14. Trade relations China exports to India China imports to India Electrical Machinery Machinery Plastic Organic Chemicals and Inorganic Chemicals IronAnd Steel Iron/Steel Products Rare Earth Metals Fertilizers ImpregnatedText Fabrics Manmade Filament Fabric Silk Vehicles Mineral Fuel Oil Etc Machinery Plastic Ores Slag Ash IronAnd Steel Metals Organic Chemicals Salt Earth, Stone Inorganic Chemicals Rare Earth Metals Cotton andYarn Fabric Copper Etc India considers China its largest trading partner Indo China trade is US$60 bn (2009)
- 15. Growing trends Year Indian Imports Indian Exports TradeVolume 2004 5925.58 7672.51 13,598.09 Growth 2005 77.15% 8934.64 80.41% 9768.34 78.99% 18702.98 Growth 2006 50.5% 14588.04 27.2% 10469.18 37.4% 25057.22 Growth 2007 63.23% 24036.44 7.05% 14658.79 33.87% 38695.64 Growth 2008 64.7% 31500 (approx) 31% 40.02% 20300 (approx) 39% 54.42% 51800 (approx) 34%
- 16. Agriculture India China India is the largest producer in the world of milk, jute and pulses 2nd largest producer of rice, wheat, sugarcane, cotton and groundnuts, fruit and vegetable producer. India is also the second largest producer and the largest consumer of silk in the world 15.7% of India’s GDP Employed 52.1% of the total workforce Average yield in 30% to 50% highest average yield in the world World's largest producer and consumer of agricultural products China is the world's largest producer of rice and is among the principal sources of wheat, corn (maize), tobacco, soybeans, potatoes, sorghum, peanuts, tea, millet, barley, oilseed, pork, and fish China fed 20 % of the world's population with only 7 % of the world's arable land 13% of China's GDP Animal husbandry constitutes the second most important component of agricultural production
- 17. India's Banking and Finance Sector RBI Bank branches 72,170 in 2007 The total deposits 3,830,922 crore (US$831.31 billion) in 2008–09 India's gross domestic saving in 2006–07 as a %of GDP stood at a high 32.7%. The public sector banks hold over 75% of total assets of the banking industry, with the private and foreign banks holding 18.2% and 6.5% respectively.
- 18. China’s Banking and Finance Sector The chief instruments of financial and fiscal control are the People's Bank of China (PBC) and the Ministry of Finance. Remittances by overseas Chinese are managed by the Bank of China (BOC), which has a number of branch offices in several countries. 98% of banking assets are state owned
- 19. Thank you