Answer: b. China is shifting toward specialization in industry and services and away from agriculture.
Industry was 39.9% of China’s gross domestic product in 2017. In 2007 industry (including mining manufacturing construction and power) contributed 46.7 percent of GDP in 2010 and occupied 27 percent of the workforce .In 2015 the manufacturing industrial sectors contributed to 40% of China’s GDP. The manufacturing sector produced 44.1 percent of GDP in 2004 and accounted for 11.3 …
The economy of the People’s Republic of China is a mixed socialist market economy which is composed of state-owned enterprises (SOEs) and domestic and foreign private businesses and uses economic planning. Since the 12th National Congress of the Chinese Communist Party in 1982 the economy has been described as socialism with Chinese characteristics.
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Chinese industrialization refers to the process of China undergoing various stages of industrializatio…