China government did a lot of work on GDP in 2009, envest huge number of money ,4 trillion yuan for economic stimulus plan. As the government expected those measures bring some benift to china's current economy: safely survived global economic crisis , Increase GDP over 8% , widen domestic demand and so on. But what the real meaning of so called high GDP and related numbers?
Frisht of all, What is driving the domestic GDP? What government do with the 4 trillion yuan widening domestic demand plan? Eventually infrastructure accounted for most of the use. But how much of this money really used on those project? it maked how many rich man and shabby work in this preriod? Someone said that:" The domestic GDP is really beautiful, but it wasted a lot of social wealth. For example, birdge constuction, it is a GDP. if the bridge collapsed and rebuild it is GDP also. In this way make 3 times GDP on one project. it is nothing but wasting wealth. " Ofcourse , government can do this , do this again and again, but people dare to build his(her) own house? have the money to build? But the all the money of people.
Second.What is driving the domestic GDP? the export? no, the export of china decrease 21.8% ,actually pulled down the GDP, so domestic demand is the only one. Demostic demand , in some way, equals to infrasracture and real-state Property in china.
