In 2020, China's Total Economic Volume Or Super Beauty Ranked First In The World.

The Chinese Academy of Social Sciences released the blue book of emerging economies in 2011, 7, estimated. BRICs It is expected to become the world's largest economy in a few decades, including China, Russia, Brazil, India and South Africa.

The blue book pointed out that in the first ten years of twenty-first Century, the overall growth rate of BRICs averaged over 8%, much higher than that of developed countries, and the global average growth rate of around 4.1% was also far behind.

The blue book predicts that by 2020, China's total economic output It is possible to surpass the United States to rank first in the world.

As one of the BRICs countries, China has developed rapidly in recent years. The blue book points out that China has the highest growth rate in BRICs, with an average annual growth rate of more than 10%.

The blue book also points out the shortage of BRICs: soft power is lagging behind, and none of the top 100 global brands is in BRICs. In addition, the overall R & D capability is weak, for example, a "China made" iPhone, parts 34% from Japan, 17% from Germany, 13% from Korea, and China's "created value" is only 3.6%.

In the middle of this month, BRICs Summit It will be held in Sanya, Hainan province. With the formal accession of South Africa, this summit has attracted much attention.