China is the world’s most populated country with over 1.3 billion people. Administratively, China is divided into 23 provinces, 5 autonomous regions and 4 municipalities.
In the early stages of China’s economy development, the focus was on coastal provinces and cities namely Beijing, Tianjin, Shandong, Shanghai, Jiangsu, Zhejiang, Guangdong and Fujian. However, in recent years, China’s focus of development is on two areas: Western and Northeast China. China’s western region is made up of 11 provinces, autonomous regions and municipalities. They have a total land area of 5.4 million square km which is 57% of China’s land area.
• Ease of doing business ranking: 891 • Economic freedom ranking: 1322
China was Singapore’s 2nd largest trading partner in 2009 with total trade amounting to S$75.7 billion3.
Singapore-China bilateral trade (S$ Thousands):
2008
2009
Imports
47,594,565
37,585,345
Exports
43,817,922
38,125,119
Total Trade
91,412,487
75,710,463
Source: IE Singapore's StatLink
1 World Bank Doing Business 2010 report 2 2009 Index of Economic Freedom 3 IE Singapore's StatLink