China's Public Finance

"An Overview of China's Public Finance China is the most populous country in the world, with a population of 1.4 billion right now. It has a history with written records for over three thousand years. More than two thousand years ago, a dynasty, Chin (221 B.C.-207 B.C.), was established, from which many believe that the name of China came. China's territory was shaped through conquering and being conquered. Currently, China's territorial area ranks third after that of Russia and Canada. China is an upper-middle income country in the world with a per capita GDP of about $10,000 up to now, and China is expected to become the largest economy in a decade. China is the largest trade partner for more than one hundred countries and its influence on the world economy has been fast growing over time"--