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searches many car hire suppliers to ensure you get the
lowest rates from China |
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China
Searching
for car hire is never much fun. That is why at CarHire4Lower.com
we want to make you search for car hire for China as easier
as possible. There are a number of car rental suppliers around
the China area and we search the best ones for convenience,
price and quality.
We search companies including Advantage, Alamo, Enterprise,
Dollar, Sixt, Eurocar, Budget, Thrifty, National and many
more looking for the best deal for you for when you arrive
in China. Choose Car Rental options on size and manufacturer
and pay in your own currency.
So whether you’re visiting China for business or pleasure,
make it a good start by hiring a car with us. CarHire4Lower.com
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For
centuries China stood as a leading civilization, outpacing
the rest of the world in the arts and sciences, but in
the 19th and early 20th centuries, the country was beset
by civil unrest, major famines, military defeats, and
foreign occupation. After World War II, the Communists
under MAO Zedong established an autocratic socialist system
that, while ensuring China's sovereignty, imposed strict
controls over everyday life and cost the lives of tens
of millions of people. After 1978, MAO's successor DENG
Xiaoping and other leaders focused on market-oriented
economic development and by 2000 output had quadrupled.
For much of the population, living standards have improved
dramatically and the room for personal choice has expanded,
yet political controls remain tight.
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China's economy during the past 30 years has changed from
a centrally planned system that was largely closed to
international trade to a more market-oriented economy
that has a rapidly growing private sector and is a major
player in the global economy. Reforms started in the late
1970s with the phasing out of collectivized agriculture,
and expanded to include the gradual liberalization of
prices, fiscal decentralization, increased autonomy for
state enterprises, the foundation of a diversified banking
system, the development of stock markets, the rapid growth
of the non-state sector, and the opening to foreign trade
and investment. Annual inflows of foreign direct investment
rose to nearly $84 billion in 2007. China has generally
implemented reforms in a gradualist or piecemeal fashion.
In recent years, China has re-invigorated its support
for leading state-owned enterprises in sectors it considers
important to "economic security," explicitly
looking to foster globally competitive national champions.
After keeping its currency tightly linked to the US dollar
for years, China in July 2005 revalued its currency by
2.1% against the US dollar and moved to an exchange rate
system that references a basket of currencies. Cumulative
appreciation of the renminbi against the US dollar since
the end of the dollar peg was more than 20% by late 2008,
but the exchange rate has changed little since the onset
of the global financial crisis. The restructuring of the
economy and resulting efficiency gains have contributed
to a more than tenfold increase in GDP since 1978. Measured
on a purchasing power parity (PPP) basis that adjusts
for price differences, China in 2008 stood as the second-largest
economy in the world after the US, although in per capita
terms the country is still lower middle-income. The Chinese
government faces numerous economic development challenges,
including: (a) strengthening its social safety net, including
pension and health system reform, to counteract a high
domestic savings rate and correspondingly low domestic
demand; (b) sustaining adequate job growth for tens of
millions of migrants, new entrants to the work force,
and workers laid off from state-owned enterprises deemed
not worth saving; (c) reducing corruption and other economic
crimes; and (d) containing environmental damage and social
strife related to the economy's rapid transformation.
Economic development has been more rapid in coastal provinces
than in the interior, and approximately 200 million rural
laborers and their dependents have relocated to urban
areas to find work. One demographic consequence of the
"one child" policy is that China is now one
of the most rapidly aging countries in the world. Deterioration
in the environment - notably air pollution, soil erosion,
and the steady fall of the water table, especially in
the north - is another long-term problem. China continues
to lose arable land because of erosion and economic development.
In 2007 China intensified government efforts to improve
environmental conditions, tying the evaluation of local
officials to environmental targets, publishing a national
climate change policy, and establishing a high level leading
group on climate change, headed by Premier WEN Jiabao.
The Chinese government seeks to add energy production
capacity from sources other than coal and oil. In late
2008, as China commemorated the 30th anniversary of its
historic economic reforms, the global economic downturn
began to slow foreign demand for Chinese exports for the
first time in many years. The government vowed to continue
reforming the economy and emphasized the need to increase
domestic consumption in order to make China less dependent
on foreign exports for GDP growth in the future. |
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