Category: EconomyPart of speech: nounDifficulty: CommonRecommended for ★ UPSC
经济
/jīngjì/Roman
English meaning: Economy
Definition
The system of production, distribution, and consumption of goods and services. China has the world's second-largest economy (first by PPP) and has lifted over 800 million people out of poverty in four decades. China is India's largest trading partner and a major economic and geopolitical rival.
Example
“中国是世界第二大经济体。”
In English: “China is the world's second-largest economy.”
Literary Heritage
“不患寡而患不均，不患贫而患不安。”
/Bù huàn guǎ ér huàn bù jūn, bù huàn pín ér huàn bù ān./
“Do not worry about having too little; worry about inequality. Do not worry about poverty; worry about instability.”
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Language information
- Language
- 中文
- Chinese (Simpl.)
- Script
- Han
- Family
- Sino-Tibetan
- Speakers
- 1.1B