《2010年中国省市经济增长内在动力分析报告(英文版)》(247页).rar ＂The　sky　is　high　and　the　emperor　is　far　away＂　is　an　old　Chinese　saying　that　refers　to　how　much　local officials　can　achieve　themselves　with　little　supervision　from　above.　It　is　an　adage　that　is　very　relevant　to China＇s　dynamic　expansion　today　as　much　of　the　country＇s　growth　is　being　driven　by　local　initiatives　and developments,　rather　than　by　Beijing. Chinese　reforms　have　empowered　local　governments　with　unprecedented　economic　authority　following　a process　of　economic　decentralisation　that　began　in　1979.　Indeed　local　officials　in　China＇s　provinces　and cities　have　occasionally　reduced　the　effectiveness　of　Beijing＇s　policies,　as　shown　by　the　capital＇s　recent difficulties　in　cracking　down　on　property　speculation.　This　brings　to　mind　a　modern　rendering　of　the　old saying,　namely　that　＂there　are　policies　above　and　counter-measures　below.＂ To　try　and　capture　the　scale　of　this　local　dynamism,　we　have　put　together　a　244　page　guide,　covering　31 provinces,　municipalities　and　autonomous　regions　and　21　major　cities.　For　each,　we　give　key　economic, financial　and　demographic　data,　list　their　strengths　and　challenges,　and　provide　a　five-year　outlook. This　＂bottom　up＂　perspective　on　China,　rather　than　the　usual　＂top　down＂　one,　has　thrown　up　some extraordinary　statistics. ＆＃1048599；　By　2020,　China　will　have　six　provinces　with　an　annual　GDP　of　more　than　USD1　trillion,　equal　to　six countries　the　size　of　Russia　(or　Spain　or　Canada). ＆＃1048599；　With　47%　of　the　population　now　living　in　cities,　eight　Chinese　cities　have　a　population　of　more　than 10m,　and　93　have　more　than　5m.　By　comparison,　in　the　US　only　New　York　City　has　a　population　of more　than　5m. ＆＃1048599；　Beijing,　China＇s　Washington　DC,　is　also　China＇s　Silicon　Valley.　Its　Zhongguancun　area　saw　23　hightech IPOs　in　2009,　against　just　one　for　Silicon　Valley.　There　have　been　another　35　IPOs　so　far　in 2010. ＆＃1048599；　Kunshan,　one　of　2,000　county-level　cities,　produces　more　than　half　of　the　world＇s　notebook　PCs,　or 85m　units　–　and　yet　IT　manufacturing　is　not　even　its　top-ranked　industry. ＆＃1048599；　Suzhou,　one　of　280　prefecture-level　cities,　has　a　per　capita　GDP　which　is　70%　and　46%　higher　than Beijing　and　Shanghai,　respectively. ＆＃1048599；　Jiangsu,　a　province　little　known　to　outsiders,　is　poised　to　overtake　the　much　better-known　southern province　of　Guangdong　to　become　China＇s　largest　provincial　economy　as　early　as　2012. ＆＃1048599；　The　1.5m　inhabitants　of　Erdos,　a　city　rich　in　natural　resources　in　the　otherwise　poor　western　part　of the　country,　will　have　a　higher　GDP　per　capita　than　Hong　Kong　in　three　years　time.