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The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]
China's economy is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [4] China is the world's second largest economy by nominal GDP , behind the United States , and the world's largest economy since 2016 when measured by purchasing power parity (PPP).
China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
People's Republic of China portal. Communism portal. v. t. e. The Chinese economic reform or Chinese economic miracle, [ 1][ 2] also known domestically as reform and opening-up ( Chinese: 改革开放; pinyin: Gǎigé kāifàng ), refers to a variety of economic reforms termed "socialism with Chinese characteristics" and "socialist market ...
The term "socialist market economy" was introduced by Jiang Zemin during the 14th National Congress of the Chinese Communist Party (CCP) in 1992 to describe the goal of China's economic reforms. [ 2] Originating in the Chinese economic reforms initiated in 1978 that integrated China into the global market economy, the socialist market economy ...
Other information. Number of stores. 75,000+ [ 2] Yiwu International Trade City ( Chinese: 义乌国际商贸城 ), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [ 3][ 4] In 2022, the market sold around US$70 ...
The Shanghai Stock Exchange ( Chinese: 上海证券交易所, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third largest stock ...
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...