Chinese Economics Thread

plawolf

Lieutenant General
Chinese economic planning is entirely different from Soviet economic planning. The Soviets tried to plan everything down to the smallest detail, which was a disaster as we all know.

What China has done, and done superbly, is to plan at the macro level, to set goals and directions for sectors and the economy as a whole, while allowing market forces to work out the micro-level resource allocation and weed out ineffective economic actors through competition.

You retain the ability to strategically control the overall direction of the economy, while enjoying the efficiency of a capitalist competitive market.

It is working so well that America launched a trade war and tech war principally to try to force China to stop doing it. Would America have done that if it wasn’t working so spectacularly well for China?

Trump might have had to settle for extortion as a face saving climb down, but make no mistake that the original goal was to try to force China to change the way it ran its economy because the ‘far superior’ capitalist American economy and tech sectors were loosing so spectacularly that without such drastic US government intervention, they were set to become increasingly irrelevant fringe players in the high tech economy of the future.
 
2 articles about Yutong

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760 Yutong buses to be operated in Kazakhstan

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2020-05-20
Recently, Yutong received the orders of 760 gas buses for Kazakhstan, of which 590 units are purchased by the Shymkent municipal government, and another 170 units will be put into operation in Atyrau city. At present, the buses of the two orders have been delivered, and all vehicles will be put into operation at the end of May and the beginning of June.
760 Yutong buses to be operated in Kazakhstan


The operation of these vehicles will greatly improve the public transport situation in Kazakhstan and create a good public transport environment for the cities. At the same time, the application of clean energy vehicles will also effectively reduce the air pollution in cities and contribute to the urban environmental protection.
As a municipality directly under the central government, Shymkent has a population of 1.01 million and is the most dynamic city in southern Kazakhstan. Atyrau, as the petroleum city of Kazakhstan, is also one of the important cities in the country. In respect of the public transport of the two cities, the buses are antiquated and need to be replaced. It is learned that the models purchased by Atyrau this time are Yutong ZK6108HGH and ZK6852HG, and the models purchased by Shymkent are Yutong ZK6108HGH and ZK6118HGA.
760 Yutong buses to be operated in Kazakhstan


The three Yutong's classic bus models with different lengths will meet the passenger carrying demand on different routes, and serve the local residents with higher quality, helping the upgrading of Kazakhstan's urban public transport system.
It is reported that Yutong has entered the Kazakhstan market early in 2005. With the gradual increase of product portfolio and continuous improvement of services, Yutong embarked on a fast growing journey in Kazakhstan in 2010. As of December 2019, Yutong's total sales in Kazakhstan exceeded 2,000 units, accounting for more than 40% of China's large and medium-sized buses exported to Kazakhstan during the period. Nowadays, Yutong has become the bus brand with the largest quantity of the large and medium-sized buses in the Kazakhstan market.
760 Yutong buses to be operated in Kazakhstan


With persistent efforts, Yutong’s products and brand have been widely recognized in the local market, showing the strength of Chinese manufacturing and Chinese brand to the world. So far, Yutong totally has eight service stations and one spare part warehouse in Kazakhstan. Every year, Yutong can provide convenient and comfortable transportation services for more than 2 million people in Kazakhstan.
760 Yutong buses to be operated in Kazakhstan


In addition, Yutong is still deepening its services continuously. In order to ensure the smooth operation of the 590 gas buses, Yutong has worked out a special service plan, including vehicle maintenance, training on driving habits, etc.
760 Yutong buses to be operated in Kazakhstan


In the future, Yutong will continue to adhere to the customer orientation philosophy, and help enhance the development of Kazakhstan's public transport with high-quality products and services, thus showcasing the strength of Chinese manufacturing.
 

Hendrik_2000

Lieutenant General
Chinese economy will never take off unless China first solve the hunger and what she did is just amazing within one generation she practically banish hunger and deprivation from Chinese landscape. That is no less contribution by Yuan Longping by right he should be awarded nobel prize for peace But as always the western world is blinded by their own narrative of superiority.

Rice play such important role in East Asian civilization you can say that the culture is derive from rice plantation.
People from Zhejiang bring the rice technology to Korea and Japan in ancient time. And now China bring the Hybrid rice technology to the world helping world solve hunger and misery.

China make astonishing contribution from time immemorial in rice plantation. And the latest is the Hybrid rice raising the yield from 2 ton per hectare to 18 ton per hectare. Here is Zhou Yun tell the story of Hybrid rice

COVID-19 has not stopped China's determination to eradicate poverty in 2020. Ensuring food security has played a crucial part in the poverty alleviation progress. In the fourth episode of CGTN's "Decoding the Future" series, CGTN anchor Zou Yue talks to the "Father of Hybrid Rice," Yuan Longping, and explains how the technology can sustain a better China and world.
 

Hendrik_2000

Lieutenant General
I always believe strong country that provide framework but the most important ingredient is entrepreneur people who create the wealth and not some big company or state owned company. China is blessed with hard working people who can make rational decision and not blinded by religion or dogma.
And the idea that there is dignity in any work and people should not be ashamed of work even the most menial job

An entrepreneur couple in east China's Jiangsu have built a successful e-commerce business through turkey farm. They also help promote startups and entrepreneurs by providing access to knowhow, expertise and financing

A chinese born Japanese or mix ancestry cleaning Haneda air port toilet
 
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sklow84

New Member
Registered Member
Chinese economic planning is entirely different from Soviet economic planning. The Soviets tried to plan everything down to the smallest detail, which was a disaster as we all know.

What China has done, and done superbly, is to plan at the macro level, to set goals and directions for sectors and the economy as a whole, while allowing market forces to work out the micro-level resource allocation and weed out ineffective economic actors through competition.

You retain the ability to strategically control the overall direction of the economy, while enjoying the efficiency of a capitalist competitive market.

It is working so well that America launched a trade war and tech war principally to try to force China to stop doing it. Would America have done that if it wasn’t working so spectacularly well for China?

Trump might have had to settle for extortion as a face saving climb down, but make no mistake that the original goal was to try to force China to change the way it ran its economy because the ‘far superior’ capitalist American economy and tech sectors were loosing so spectacularly that without such drastic US government intervention, they were set to become increasingly irrelevant fringe players in the high tech economy of the future.
The beauty of the seen and unseen hand.
 
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