China, located in East Asia, has an area of 9,562,910 km2, making it one of the largest countries in the world. It is also the most populous country, with 1,400,050,000 inhabitants and a very low percentage of immigration.
Foreign trade
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Economically, the primary sector continues to play a significant role in the Chinese economy: it employs almost 25% of the working population, although its share of GDP is decreasing every year. It is a traditional sector, very labour-intensive, which is evolving as new mechanisation techniques are introduced. Thus, its Agricultural Development Plan (2019-2025), for example, seeks to promote the digitalisation of the countryside so that new technologies represent at least 15% of agricultural added value.
Most crops are cereals (84.3%): corn (41.3 million hectares), rice (29.7 million hectares) and wheat (23.7 million hectares).
Livestock farming is concentrated in the steppes mexico business email list the north and northwest of the country, where most cattle and sheep are found , and where the area of pasture is approximately 220 million hectares, located mainly in Inner Mongolia, Tibet, Qinghai and Xinjiang.
On the other hand, China is the world's leading fishing country, as it has resources available both in its own waters and in many other countries. The contribution of the fishing sector to the primary sector is 10.1%.
In terms of consumer electronics, China is the largest producer of consumer electronics worldwide. In terms of large-scale production, Shenzhen City alone is home to more than 4,700 high-tech enterprises, 30,000 science and technology companies, and 5,000 product integrators and design houses . As for Chinese manufacturers, brands such as Lenovo, Xiaomi, Haier, Hisense, and Midea have established themselves in the international market, bringing greater added value through the development of technologically advanced products.
In the textile sector , China is one of the world's leading producers and exporters. The garment industry is mainly located in the textile clusters of the Pearl River Delta, the Yangtze River Delta, the Bohai Sea region and other coastal cities in the southeast. The sector is currently undergoing a period of restructuring and consolidation, reflecting a mature situation characterized by more moderate growth and higher labor costs.
Regarding the development of e-commerce , growth in China has been exponential and currently around 70% of Chinese users make online purchases, which places the Asian country as the world's leading e-commerce market. The development of e-commerce in China has been accompanied by the emergence of companies such as Alibaba, Tencent and JD.com .
Finally, tourism and hospitality have become key points within the Chinese economy, as the country is an important tourist destination, both for domestic and foreign visitors, so the authorities consider that this sector must be developed intensively to meet this growing demand, improving the quality of its facilities and services.
Investment opportunities
The Organisation for Economic Co-operation and Development (OECD) estimates that global growth will reach 4.2% in 2021, with one third of this figure generated by China. Sichuan Province and the New Silk Road are key areas for the country's development and represent major investment opportunities in China, with several booming sectors such as energy , biotechnology , the environment , tourism and luxury .