The Economy of China

China is the third largest economy in the world, after the United States of America and Japan, having a nominal GDP of US$3.42 trillion in terms of exchange rate. The International Monetary Fund classifies China’s per capita income at about $7,800, from the point of view of purchasing power parity. It is considered fairly poor by world standards. China’s GDP has grown an average 10 percent a year since free market reforms in 1978.

China’s huge economy is expanding rapidly. It has grown more than ten times over the last thirty years. However, there is an income disparity among the Chinese people, which has increased in the last few years.

In the 1970′s and 1980s there was action taken in terms of economic reforms. The economic reforms have been adopted slowly but in a steady pace. The focus was on organizing the agricultural activities. Economic Chinese leaders were trying at that time to switch the center of agriculture from farming to household activities. Business enterprises owned by the state government were granted more independence. This gave even more authority to government officials at local level and managers of plants. A variety of enterprises, which were privately held, appeared.

Economic reforms took hold in China, as the banking system becomes more diversified and stock markets began to develop. These reforms had many other effects. For example, they influenced the sectors outside state government control, which grew rapidly. China opened itself economically to the rest of the world and direct foreign investment and trading developed.

Agriculture and industry are the most important sectors in the economy of China. Together, the two employ over 70 percent of China’s force of labor, producing over 60 percent of GDP. The Ministry of Commerce and the Bank of China supervise foreign trade. The government still controls the China economy, but the amount of economic activity has restricted the government’s power over the economy. The government governs many of the country’s financial institutions through the People’s Bank of China (which, in 1950, took the place of the Central Bank of China) and the Ministry of Finance, under the State Council’s control.

The People’s Bank of China controls circulation, issues the currency and manages payments, accounts and receipts. It also deals with transactions from over the seas and with international trade in general. Also, economic development is funded by the China Development Bank. ABC, the Agricultural Bank of China, manages the agricultural sector. Common commercial transactions are carried out by ICBC, the Industrial and Commercial Bank of China. Although many such institutions and policies are in place, the Chinese economy is still essentially a command economy.

God’s Economy is Thriving

The question is – are we participating. First, let’s discuss what we mean by God. On the other hand, perhaps we first should start with the opposite economy from God’s, the worldview economy, and then come back to what we mean by God.

The worldview economy doesn’t just refer to how many people are out of work, or how many businesses are half what they used to be. The worldview economy also consists of earthquakes, floods, fires, and everything we call “natural” disasters, or “global warming”.

In this worldview economy, there are those that prosper because they know how to manipulate human emotions, and there those that suffer because they are caught in the web of the worldview game of deceit.

No one can honestly think that the path that we appear to be traveling is a good path, that the results of promoting and accepting greed and fear are good results. No one except those that prosper in this atmosphere, and there is a guaranteed outcome for anyone who insists on remaining in this state of mind because it is a house built on sand that will crumble into nothingness.

But, that doesn’t concern us. What concerns us is our own state of mind, and our own point of view. If we are caught in the net, we are suffering. No amount of positive thinking will release us. Yes, it may relax the net’s hold for a time, and make net living a little more pleasant, but it is not an escape, it is survival.

The majority of us are in survival. Some, because we don’t know there is an escape. Some, because it appears to be just too much work (and it is) and too disrupting (and it is) to actually face the lies and deceits of the worldview and counter it with Truth. Not just for an hour a week, or in a meditative time, but in every thought, every action, every moment.

Now we are ready to discuss God’s Economy. I know many people don’t like the word God. I understand. The worldview hijacked this name and now uses it to describe a “man in the sky” made in our human likeness. This God does bring destruction, does know about pain and sorrow, does make arbitrary decisions, and does forget us sometimes.

I reject this worldview version of God. I am referring to the God that is omnipresent Love, omniscience intelligent Mind, the omniaction of good, and wisdom and Principle of omniscience.

This God does not exist, touch, or even know about our ridiculous game called “worldview” which is sometimes loving, and often cruel. We know this game must come to an end. We know we have to stop playing it.

Here’s the thing. It is only happening within our own perception, our own thinking and once we give that up, God’s thinking shines through and the game begins to dissolve.

That’s when we all feel the warmth of God’s love. Not because God has learned of our plight, but because we have let go of our human will and felt the power and presence of the Truth of the infinite divine Love.

Yes, in the worldview game we are playing at being human. Forget it. It’s not working. Time to declare our spiritual true nature, and live as if it is True. It doesn’t matter if we don’t understand what this means.

How could we at this time. We are operating as little tiny individual minds inside of a little tiny idea. How could we grasp the infinitude that is Reality?

However, we do know that “what we perceive to be reality magnifies”, so why continue to magnify the worldview in any form. Instead we must choose to magnify what we understand of God now. Only that. As we practice this in every minute, we will understand more and someday we will “know as we are known.”

No, this is not easy. But, really – is life easy right now? One way, the path continues down the same road that gets darker and darker, the other way there is a light at the end of the tunnel that will widen until it becomes all there is, because yes, that is all there is.

Which economy shall we thrive within? Perhaps there was a time we could make a choice to stay in the worldview economy and that would keep us fairly comfortable throughout our human life. Today, that is not true.

We can’t stand between two worlds and think we’ll be ok. It’s a gap that is widening by the day. Choose sides. I choose God’s economy, which means I have to stop accepting even those little things that seem so normal, but are really part of the worldview game.

We are trained in the worldview, no not just trained, indoctrinated, and manipulated 99% of the day. Thinking that countering it for just 1% of the day is not going to get us out of this false belief, it is almost not even a Band-Aid anymore.

This choice does not mean all results will be quick, easy, or instantaneous even though can it happen that way – absolutely. Because the truth is that in every moment, our every need is met before we even think we need it.

It’s our worldview training that stands in the way of seeing this instant response. As we get better at letting go, we will experience quick, easy, and instantaneous more often, until the only perception we retain is God’s.

The Basics of Any Economy

In a traditional economy, how the resources are distributed is predicted by the habits and traditions practised by the society. Here, the Basics of Economy is guided by a pre-determined force and everyone automatically knows where they fit in. Occupations are distributed according to heritage and there is little room for growth and innovation as new ideas are usually scorned and perceived as a threat to a way of life.

In the traditional economy, there is stability and predictability and entrepreneurs are rare thus, the standard of living is significantly low. The government plays a lot of role in the command economy. Instead of allowing tradition and habits to dictate the economy, a central government is elected or appointed to dictate the Basics of Economy. Everybody is then obliged to follow the economic decisions made by the government or their interest groups regardless of their differing or preferred stands.

The Market economy on the other hand is controlled by the forces of demand and supply. What to produce, for whom and needed quantity is all left in the hands of the market, the people. This economy permits growth and change based on the various needs of the consumers. The distribution of wealth in a market economy is often not balanced since it is tallied to the wavering needs of the market forces.

Communism captures the command economy. A central unit owns all and attempts to redistribute the wealth equally to all. The advantages and disadvantages of this approach weigh each other out. Capitalism works well with the market economy, the direction and growth is left to the consumers and business owners. By promoting competitive living, it takes the resources of any society and puts it to good use thereby promoting efficiency and flexibility. A major setback however could be the insensitivity of this type of economy to a balanced distribution of needs.

The Basics of Economy is similar in today’s major economies, most practicing socialism attempt to mix the command and market economies. In this arrangement, a central unit controls essential public demands while non-essential demands are left to compete with the harsh forces of demand and supply. Mixed economies takes the best of all the other economies, combines them in order to meet the demands of any society on a much larger scale.