Great accomplishment of China economy 2015!!!

来源: panlm_ 2016-10-11 16:21:36 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (990 bytes)
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Based on the report, China 2015 per capita GDP must be at least $40000 US !!! That is 5 times higher than the official figure ~$8000!

Plus some items were not acounted in GDP estimation. For example, property tax (China does not that), government expenditures, small enterprises under certain revenue, etc. If all these are considered, China 2015 per capita GDP should be as high as $60000 US! Yes, that was even higher than the US counterpart.

Give you an example how the GDP is estimated. In the 2015 spring festival month, ~60 billion people/time were transported from place A to B by the most advanced transport systems (e.g., high speed rails, express highways, convenient water ways). Assuming a person spent $1000 US this month, that would be $6 trillion GDP creation! This is only a month figure! Think about it.

 

 

 

 

 

 

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