Nearly 1/4 of the World’s Population speaks the Chinese language. The language is spoken not only in China, Taiwan, and Singapore, but it is also spoken throughout Southeast Asia, North America, and Europe. Traditional Chinese culture, from martial arts, Confucianism and Chinese cuisine has an enormous influence on East and Southeast Asian nations. Currently, Chinese language classes have the highest enrollment in American universities and colleges. Today China has one of the fastest growing economies in the world. Those who can speak Mandarin Chinese proficiently will find jobs in various fields such as business, government, international relations, information technology, tourism, education, translation and much, much more.
Previously a state-controlled economy, the Chinese government introduced market-oriented economic reforms in the early 1980s. Now only a third of its economy is directly controlled by the state. China is strong in manufacturing and agriculture, but its service sector is slowly catching up, accounting for 32.5% of the economy. China’s cheap labour costs have turned the country 大阪置業 into ‘the world’s factory’, manufacturing most of the world’s clothing, electronics and household items. In 2005, China’s global trade surplus was at US$102 billion. China is also one of the largest importers in the world, buying cars, high tech products, raw minerals, machineries and equipment, chemical and petroleum. However, China’s shrinking agricultural still employs over 40% of its workforce and keeps China as the largest agricultural country in the world.
China GDP per capita is US$6800, making China the second largest economy after the U.S. China’s recent gain in trades has upset many trade protectionists, particularly in U.S and Europe, who have been pressing China to revalue the yuan to soften China’s competitive pricing edge on its exports. In 2005, they achieved a moderate success when China unpegged the yuan to the dollar, driving it up around 2% against the greenback.
A slightly more expensive yuan doesn’t mean bad news for visitors, China’s continuing economic reforms are bringing in more competition in virtually every sector, resulting in lowered prices and better services. The increase of living standards in China also means better infrastructure, improved transportation systems, better healthcare and environmental protection, all of which are good news if you’re living in China. So if you want to be part of a fastest growing economy, you have to be in China, and in order for you to be successful in China, you have to master the Chinese Language.