Economic environment of india comparison with china
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Heya....
* GDP growth...
Prior to economic reform in both countries growth rate was too low but after the reform in China in 1978 it grow rapidly but still India is too backward then China after initiating reform in 1991....
* Structure of growth....
Both countries are willing to decline the shares of primary sector and raise in secondary and tertiary sector and at huge level China success in the but India is still have high % of agricultural but even less shares of tertiary sector...
* GDP growth...
Prior to economic reform in both countries growth rate was too low but after the reform in China in 1978 it grow rapidly but still India is too backward then China after initiating reform in 1991....
* Structure of growth....
Both countries are willing to decline the shares of primary sector and raise in secondary and tertiary sector and at huge level China success in the but India is still have high % of agricultural but even less shares of tertiary sector...
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