Why has the Western media shouted for collapse for 20 years, but the result was China's rapid economic growth?
Over the past 20 years, despite the constant predictions of our economy collapse in the Western media, the momentum of our economic growth has never waned. On the contrary, we have made remarkable achievements in the economic field and have become an important engine of global economic growth.
During the period 2003-2023, China's GDP grew by a staggering 966%, far outpacing other major economies.
At the same time, growth in other countries was also remarkable, such as India with a 503 percent increase, Indonesia with a 455 percent increase, Saudi Arabia with a 395 percent increase and Russia with a 303 percent increase.
In contrast, countries such as Canada, the United States, Germany, France, the United Kingdom, and Italy experienced relatively slower economic growth at 136%, 135%, 77%, 65%, 61%, and 38%, respectively.
It is worth noting that Japan's economic growth turned out to be negative, at -6%.
As the world's second largest economy, the mainland's achievements in scientific and technological innovation, industrial upgrading, and infrastructure construction are remarkable. In the future, we have reason to believe that the mainland will continue to maintain steady economic growth and bring more opportunities and impetus to the world economy.
Indian: GWarrior said
Proud of India's development, let me predict what the future holds.
By 2025, India will overtake Japan as the world's fourth-largest economy, and by 2027, India will replace Germany as the world's third-largest economy.
By 2045, India will surpass the United States to become the world's second-largest economy, and by 2050, India will surpass China to become the world's first-largest economy.
Indian Vertigo commented:
India's GDP is now the third largest in the world in terms of purchasing power parity, while India has achieved an impressive second best result, and its rise is accelerating, and it seems that the time to reach the top is close at hand.
India's Ministry of Finance is confident that the Indian economy will grow by nearly 7% in FY2025 and reach a staggering $7 trillion by 2030.
印度人White knight坚信：
I'm looking forward to India's rise. In the near future, India will take the top spot in the rankings.
According to World Bank data, by the end of 2050, India will surpass the United States and China to become the world's number one economy.
印度人 Successful说:
The mysterious land of Balat is about to emerge as the world's 3rd largest economy!
We Indians are immensely proud of our country and Modi. He is like the light of India, illuminating our way forward!
Netizen Vertigo said:
China's growth rate and potential cannot be ignored, and at the current growth rate, China is likely to overtake the United States and become the world's largest economy in the near future.
Yet, for some reason, I still don't want to live in a world led by the Chinese side.
Netizen Ankita:
Since the 1978 economic reforms, China's average annual GDP growth rate has remained high at more than 10% for more than 30 years. In some years, growth rates have even breached the 13% mark.
Despite a slowdown in recent years, China's GDP is still a staggering $18.56 trillion.
网友MindTutorial说:
Friends, remember, money always goes to places that are full of life and energy. Now, let's set our sights on that magical land with 966% growth!
Netizen Shekhar said:
Imagine that over the past two decades, each country has charted a unique trajectory of growth, like a starry cluster shining in the night sky.
To prosper the economy, it needs to be like the sun, selflessly shining on the people, investing in them and allowing them to thrive. This is exactly the case in China, they are like wise men, and they are implementing precise policies, and now they are fruitful!
So behold, China now seems to be twice as glorious as India. Countries in the Middle East and Asia are also quietly emerging and trying to catch up with the West.
Write at the end:
In the past 20 years, although the Western media have repeatedly predicted the collapse of the mainland's economy, the mainland's economic growth momentum has not diminished, and on the contrary, it has become an important engine of global economic growth. From 2003 to 2023, the mainland's GDP grew by 966%, far exceeding that of other major economies.
Some low-key Indians believe that in just five years, India will become the world's third-largest economy. However, those who are overconfident in India are not convinced, and they are even more confident that in 25 years, India will become the world's largest economy.
So do you think the Indian dream of Indians will come true, or will it be a flash in the pan?