CHINA

The most important sector for the Chinese economy is the agricultural sector. Workers in the agricultural sector are engaged in farming, feeding, forestry, and fishing, and 37% of total employment is employed in the agricultural sector. China’s urbanization rate rose to 52%, resulting in low income growth in rural areas. Agricultural incomes are relatively low compared to cities.

Only 10% of the surface area of 9,561 million square kilometers can be cultivated. Among the agricultural products that can be cultivated are sugarcane, jute, wheat, rice and some tropical products. In fact, although it was a major agricultural country, it had to import considerable amounts of cereals, rice and wheat for the first time in 1994-1995.

In China, which has developed in terms of agricultural production techniques, greenhouse cultivation has spread all over the country. Fishing is widely carried out. Rice, sugarcane, sugar beets, jute, hemp, tea, cow, pigs, cotton, oilseeds, sheep, silk cocoons, small and large animals constitute important agricultural products in the country rich in agricultural product diversity.

The industry, which has increased in recent years, was 7.8% in 2013. Especially with the contributions of foreign capital organizations, an increase in production is observed. In China, which has attained competence in the major industries in the field of industry, it operates in areas such as automobile production, metallurgy, mining, aircraft equipment, large machinery parts, aerospace industry communication equipment. It is successful in mining, power plant, fuel, chemicals, automotive and shipbuilding with its own technical facilities.

Demand for housing, infrastructure investments, and related materials is still ongoing in the country, which is the largest area. In China, where 2 billion square meters of buildings are built every year, half of the building increases all over the world are made. The improvement in urban life has also been a major factor in the production of energy-consuming vehicles such as household appliances and light bulbs.

Energy demand grew by 110% in the last 10 years. In 2009, China, which is the largest energy consumer, started to move towards alternative energy sources with the rise of the air pollution. It is aimed to increase the share of nuclear energy, natural gas and renewable energy sources in energy production. Because coal is cheap and abundant in China, coal is expected to remain an energy source for many years. As China is the largest coal producer, it is the largest coal consumer as well.

60% of the mines are operated by the state, and the investment is not made in this sector because the coal is cheap in China. Beryllium has large reserves in terms of mines such as copper and mica. Minerals such as germanium, gallium, vanadium, titanium, polycrystalline and silicon are being extracted in China, which has been a producer and exporter of rare metals in recent years.