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A comparative analytic essay of the main influences on the economic growth of China and Japan between 1950 and 2000 Since the world economy went in 1950s it increased at an amazing high speed Many countries went out of the wars shadow and started their economic restorations In Asia China and Japan became two most brightest stars which famous on their economic growth By the end of 2000 China has become the largest developing country not only by country size but also by economic growth rate and Japan becomes the second largest developed country by annual GDP which just following the USA in the world However at the beginning of the 1950s both of the two countries were lying on ruins The question about how could they make such miracles in just fifty years has been asked many times Compare with the two countries experience of economic development we could find that because the completely different consequences of the war as many people know that China defeat Japan in the Second World War the two countries have their own tips to develop their economies This essay focuses on analyze the two countries economic strategies by specific periods to show readers why China and Japan made such significant influences First let us look at the economic developments of China and Japan during 1950 and 1978 In 1949 Chinese people founded their own independent country the Peoples Republic of China The long historical experience of being seized tells every Chinese people that they will be attacked if they are weak Therefore Chinese leaders wanted to be strong quickly and made an overstated economic development plan which attempt to catch up the Western advanced economy in a short time Industry especial for the heavy industry such as steel industry has been put on the first step of economic development In the 1950s because mining industry has not developed advanced
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