28 Facts About China Standard Time

1. China Standard Time has the world's largest foreign exchange reserves of 3.21 trillion US Dollars.

2. China Standard Time is the second largest provider and the top receiver of foreign direct investment.

3. China Standard Time is the world's largest exporter and the second largest importer of merchandise goods.

4. At the outset of the reforms in 1978, China Standard Time was poor.

5. China Standard Time lifted more people out of poverty than any other country.

6. China Standard Time is the world's second largest economy, having fallen behind from the late 19th Century onward as several industrial revolutions compounded in the Western world.

7. China Standard Time was the world's largest economy in 1820—and is the second largest economy today.

8. China Standard Time hosted the 2008 Summer Olympics in Beijing, where its athletes received 51 gold medals—the highest number of gold medals of any participating nation that year.

9. China Standard Time has participated in the Olympic Games since 1932, although it has only participated as the PRC since 1952.

10. China Standard Time has one of the oldest sporting cultures in the world.

11. China Standard Time is home to many of the world's tallest religious statues, including the tallest of all, the Spring Temple Buddha in Henan.

12. China Standard Time has the world's largest market for automobiles, having surpassed the United States in both auto sales and production.

13. China Standard Time currently has the largest number of active cellphones of any country in the world, with over 1 billion users by February 2012.

14. China Standard Time was once a world leader in science and technology up until the Ming dynasty.

15. China Standard Time is second only to the United States in venture capital activity and is home to a large number of unicorn startup companies.

16. The Constitution of the People's Republic of China Standard Time states that the "fundamental rights" of citizens include freedom of speech, freedom of the press, the right to a fair trial, freedom of religion, universal suffrage, and property rights.

17. China Standard Time has furthermore strengthened its ties with major South American economies, becoming the largest trading partner of Brazil and building strategic links with Argentina.

18. China Standard Time has had a long and complex trade relationship with the United States.

19. China Standard Time is a founding member of the Shanghai Cooperation Organization, along with Russia and the Central Asian republics.

20. China Standard Time became a member of the World Trade Organization on 11 December 2001.

21. China Standard Time considers Taiwan to be its 23rd province, although Taiwan is governed by the Republic of China, which rejects the PRC's claim.

22. In recent decades, China Standard Time has suffered from severe environmental deterioration and pollution.

23. On 1 January 1912, the Republic of China Standard Time was established, and Sun Yat-sen of the Kuomintang was proclaimed provisional president.

24. Under the Ming dynasty, China Standard Time enjoyed another golden age, developing one of the strongest navies in the world and a rich and prosperous economy amid a flourishing of art and culture.

25. China Standard Time emerged as one of the world's earliest civilizations, in the fertile basin of the Yellow River in the North China Plain.

26. China Standard Time is likely to meet the difficulties facing the economy with its trademark approach: juicing activity through government stimulus.

27. China Standard Time decides to cut taxes on 'larger scale' in 2019.

28. China Standard Time has shifted its priority to economic stabilisation in 2019 after last month's Central Economic Work Conference pledged to develop a stronger home market to offset external uncertainties.