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CHINA Tenders




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Capital Beijing
ISO 3166 Code CN
Population 1,367,620,000
Area, Sq KM 9.615.767
Currency Renminbi (yuan)
Official Language Standard Chinese
GDP, Billion USD 9,240,270
GDP Growth Rate, % 7.4
Inflation, Avg CP, % Chng 5.10
Interest Rates, % N/A
Unemployement Rate, % 4.1
Exchange Rate, 1 USD Equals 6.21
International dial code 86
Time Zone GMT+08:00
Internet TLD .cn

China is located in East Asia. This sovereign country to known as the most populous country in the world has a population of 1.3 billion. China is known officially as People’s Republic of China and is governed by the Chinese Communist Party. The seats of government are in Beijing which is also the capital of the country. It exercises jurisdiction over five autonomous regions, 22 provinces, four direct controlled municipalities and two self-governing special administrative regions. China covers 9.6 million square kilometers and in terms of the land area, it is also known to be world’s second largest country. The landscape of this country is vast as well as diverse as it includes deserts in the north to subtropical forests in south. The coastline of this country along with the Pacific Ocean is measured up to 14, 5 00 kilometers which is bounded by East and South China Seas, Yellow Sea and Bohai. The history of China can be traced back to one of the world’s earliest and ancient civilizations which flourished in the basins of the Yellow river situated in North China Plain. Qin Dynasty conquered several states to form a Chinese Empire but the country has been reformed and expanded several times. The last dynasty was overthrown by the Republic of China in 1911 and ruled till the year 1949. Nationalist Kuomintang ruling the mainland China was defeated by the communist party after the World War II which led to the establishment of the People’s Republic of China in Beijing in the year 1949, itself. The economy of China is the most complex and largest in the world and has been so for the last two thousand years. The country has seen its highs and lows and since the economic reforms were introduced in 1978, this country became one of the fastest growing major economies in the world. The country is also known to be the world’s second largest importer and largest exporter of goods in the world. China is recognized as a nuclear weapons state and also has the largest standing army along with largest defense budget in the world. The People’s Republic of China has been a United Nations member since the year 1971 along with being a member of various formal as well as informal multilateral organizations. China, according to International Monetary Fund, has the second largest economy in terms of nominal GDP which was estimated approximately around 10.380 Trillion US Dollars and 17.617 trillion in terms of PPP which makes the country’s economy largest in the world. China has left behind eighty countries as the GDP per capita was US 12,880 in PPP and the nominal GDP per capita was 7, 589 US Dollars.

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