China's economic development in the 21st century: problems and perspectives

This paper focuses on China in the new century and actual problems which chinese economy faces. For better understanding of contemporary growth is this paper concerned with important history moments of chinese history. The actual situation of chinese economy is analysed with rate of GDP growth,development of international trade and foreign direct investments. The main part of this paper is focused on actual problems of chinese economy. Especially on chinese export-oriented economy, bad condition of banking sector, decreasing quality of environment, high consumption of resources and difference between chinese regions. Last part of this work is about the influence of the crisis which has started in 2008 and has great importance in actual development of chinese economy