China's Path to Becoming a Superpower by 2050

Running head: Global business
Global business

Global business
Table of Contents
Introduction.................................................................................................................................................3
Factors that help the China to be a most powerful in the world by 2050...................................................4
China economy........................................................................................................................................4
Government of China..............................................................................................................................7
Environment of China..............................................................................................................................8
Legal system of China..............................................................................................................................8
Socio-cultural system in China.................................................................................................................9
Technology in China................................................................................................................................9
Education system in China.....................................................................................................................10
Infrastructure in China...........................................................................................................................10
Energy in China......................................................................................................................................11
Tax system in China...............................................................................................................................11
Financial system in China.......................................................................................................................11
Climate in China.....................................................................................................................................12
Conclusion.................................................................................................................................................13
References.................................................................................................................................................15
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Global business
Introduction
The main aim of this task is to explains and analyze that how will China be a most
powerful country in the world by 2050. Here is the discussion about the success and growth of
the country. China situated in the east of Asia. Its location and sea is beneficial to its manual
relations with many neighboring countries and it can take various advantages in terms of
exchanges with foreign countries. On the other hand, the paper explains the economic
development and legal system of the country. It depicts that how the country makes rules and
regulations to protect the rights of the people. China is the largest exporter and second biggest
importer in the world in terms of goods and services. It maintains unique travel destinations.
Along with this, China began a reform and opening program to enhance the rapid development
and economic growth. Political system, education system, culture, technology have been
explained in the task. The rapid growth and success depicts that China can be a superpower in
the world by 2050. The tax system of the country is also effective and unique. It protects the
rights of the women. Apart from this, some facts related to the success and growth of the country
has been explained in the task. The culture in China is unique and fascinating through which
country has been able to attract people widely. Further detail of the task has been discussed
below.
China is a unitary sovereign society in East Asia and it is one of the biggest populous
countries in the world with population of around 1.4103billion (2018). The country covers
approx 9,600,000 square kilometers and it is a third largest country measured by the total area
(Shambaugh, 2013). Along with this, China has the several neighbor’s countries in the world.
The country is number 1 in the list of nations measured by population. Approx 59.3% population
is from urban areas (Worldmeters, 2018). There are various factors which contribute in success
and growth of the firm. Some of the factors that help the China to be superpower by 2050 have
detailed below.
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Global business
Factors that help the China to be a most powerful in the world by 2050
China economy
Prior to 1979, under the leadership of Chairman Mao Zedong maintained a unique and dynamic
economy. A large share of the China’s economic output was directed and controlled by the state
government. The GDP rate of the country is increasing day by day which shows that China can
be superpower country in the world (Breznitz and Murphree, 2011). The GDP growth rate of
China has been drawn below.
Figure 1. U.S and Chinese real GDP growth rates in 2010-2017 and projections through
2050
(Source: Economist intelligence unit database, 2018)
The diagram shows that the GDP of the country is increasing in today’s era. After the
various researchers it is observed that the country will be superpower country in the world by
2050. The per capital GDP in nominal dollars was $8,583 in 2017 in China. China’s economic
success sets an effective example in front of other countries. In this way, the country can attain
various advantages in future also (Brown, 2013).
China economy data
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