Re: In 1840, CHina has the highest GDP in the world but.....
Just going to post a few comments here,
1) Building of infrastructure is a must, before that can happen, no industrialization can be completed. Roads, rails, airports, etc, is an essential object, closely supported by power generators such as dams, wind powered electricity generator, solar, and nuclear generator.
2) Industrialization is already well developed in coastal cities and now China is moving their industries back and deeper into China so as to encourage a uniform grow, so point one is very important in the sense that it would attract investment of commerical entities to set up industries there knowing that their final product could be moved around easily and effectively.
3) the video you show of some 'general' might reflect quite well on the current status of China... but do you actually think that the government do not know it? And he is basing on one snow storm to deduce that... but look at the reaction time of China during Shichuan earthquake. China is learning... and learning very fast. So infra-structure supporting all these are needed.
4) Building of economic is seriously needed. Look at recent crisis, China came up quite healthy. What about those nation that are highly 'industrialized' like Taiwan and Singapore? Lets talk about Singapore - negative GDP. Now lets look at US, another highly industrialised nation - unemployment rate hit around 10%, income deficit for many years now. Now let us look back to China - positive growth, even in the crisis, didn't have any overheating yet.
5) What China actually needed to do now and is doing, is to spread her growth inward so that the entire country will be developed. And what is needed?
a) More roads, rails, and infrastructure to support.
b) Water
c) developed and stable taxation system so as to provide attractive packages for investments.
d) power supplies (more nuclear power supplies).
e) manpower (which China already have, just to convince them to move deeper into the country)