Quantcast
Latest Stories

China economy to overtake US by 2019—state research



BEIJING—China will overtake the United States economically within six years, an official research institute predicts, and go on to become the world’s most important country in three decades more, state media said Wednesday.

The findings came from the Nation’s Health Report issued by the Chinese Academy of Sciences, the Global Times said, without giving details of the criteria used for the prediction.

China’s economy would be larger than that of the US by 2019, it cited the document as saying, and China’s “international status” would exceed that of the US by 2049, the 100th anniversary of the founding of the People’s Republic.

“National health” was defined as a country’s “overall conditions… using resource sufficiency and wealth distribution as the major criteria”, the Global Times said, but did not go into specifics.

China ranked as the 11th “healthiest” country out of some 100 nations, it said, just behind Costa Rica, with Sweden in top position.

The official Xinhua news agency said China was given a national health status of “up to standard”, though the US, Japan and Britain were deemed “health deficient”.

The report could not immediately be independently obtained from the Chinese Academy of Sciences.

China’s stunning economic growth rates, increases in military spending and overlapping security interests in the Asia-Pacific region with the US have sparked concerns the countries could find themselves increasingly at odds in coming decades as they jockey for global influence.

But the Global Times, which has close ties to China’s ruling Communist Party, said the document’s findings were seen by some as overly nationalistic.

“The report is indicative of an anti-US sentiment in Chinese society,” Fang Zhouzi, described as a prominent whistleblower on academic fraud, told the paper.

“It casts the US as a potential threat and links the goals of China’s national revival to surpassing the US,” he added.

Decades of economic reform and openness to foreign investment have propelled China from a poor, overwhelmingly agricultural country to become the world’s second-largest economy behind the US.

International analysts widely expect China’s economy, given its high growth rates, to overtake the US in terms of gross domestic product, or total size, some time in the first half of this century, though differ on exact timing and criteria.

But they also see the US as likely to remain wealthier on a per capita basis given China’s huge population of 1.3 billion, with that of the US currently at about 315 million.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: China , economy , United States , US

  • DakuAkongUtin

    Truth His Dirty Azz,  baka magsusuka ka sa balita na ito. You go find some turoturo and eat atay baboy and get hepatitis A, B and C. Patay kang bata sa kulay dilaw mo.

  • titolim

    nag yabang na naman itong mga walang hiyang mga ito sa pang aangkin lang magaling at pangongopya ang alam nila, sa 2019 tama magugunaw ang china tirahin ng nuclear bomb ng japan. 

    • sanjuan683

       Huag ka mainit daming mga Pinoy nagtatrabaho dun sa China, ano ka? Gayahin mo yun China kung bakit sila umuunlad, di ba magaling ang Pinoy? Kaya natin yan umuunlad na tayo paunti-unti. Easy ka lang

  • http://pulse.yahoo.com/_FFVPH2R22XWJ3Z6QOP3WBA6KA4 EC

    Where did this news come from by the way. It has a dateline but no byline. Who wrote it? What are the editors doing?

  • PurpleDaisy13

    Mandarin is the most popular language in the world by population.

    When China becomes the world’s strongest economy, knowing Mandarin shall become even more valuable.

  • 12JEM

    Study Mandarin.

     

    • dragonian

      come on…….brown pie-hole chimps here don’t have the brains to learn Mandarin. let the chimps learned the no-brainer’s language…..– english. to serve their masters well.

  • 12JEM

    And the Chinese Yuan will become the dominant reserve currency!

    The world is, in fact, furiously studying Mandarin.

    The other reality…..India will overtake the US before 2050 to reduce the US to third



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Man wins half marathon, dies in Argentina
  • Clouds to bring slight relief from summer heat
  • Canadians rally to legalize marijuana
  • S. Korea ferry transcript reveals evacuation panic
  • Obama, family cause a small stir at Easter service
  • Sports

  • Reigning champs Miami open playoffs with win
  • Spurs subdue Mavericks in playoff opener
  • Wawrinka beats Federer to win Monte Carlo Masters
  • Ageless Hopkins pitches 50-50 Mayweather deal
  • Goodbye MGM, Las Vegas for Pacquiao?
  • Lifestyle

  • Miss America: Don’t suspend teen over prom invite
  • Transitions and resurrection in the performing arts
  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • ‘Captain America’ stays strong atop US box office
  • Easter musings
  • Solenn in shorts
  • Unmerry mix of attention-calling moves on ‘Mini-Me’ TV tilts
  • Persistence pays off for The 1975
  • Business

  • BDO seen keen on bidding for Cocobank
  • Bataan freeport investment pledges up 1,302%
  • Golden Week
  • Bourse to woo Cebu stock mart investors
  • Supper power
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
  • OFW died of Mers-CoV in Saudi Arabia, says family
  • Aquino, Obama to tackle US pivot to Asia during state visit
  • Marketplace