[1] Agriculture
People eat food for the day, if the people do not even have enough food, then the so-called "high-speed economic growth" is a piece of paper, self-deception! So start with agriculture and compare the agricultural production situation between China and India.
China's cultivated land area is 128.2 million hectares (1.282 million square kilometers).
India has an area of 160 million hectares (1.6 million square kilometers, and most of it is plain), second only to the United States; India has 25% more cultivated land than China! India's agriculture is blessed with unique conditions, light and heat conditions are sufficient, food crops are cooked 3 times a year, and food crops in most parts of China are only 1-2 cooked a year! The good agricultural conditions in India are simply embarrassing, but the real agricultural production situation is surprising!
First look at several sets of data: China and India's grain output, population, and per capita food production in 1949 and 1990-2016:
From the above table you can find extremely interesting phenomena:
[1] From 1949 to 2016, 70 years ago, India's per capita food production has not reached the level of China before 1949, almost no one can imagine! In 2014, the highest per capita food production in India, its per capita food production was only 200 kg, which level is in the world, comparable to the level of the poorest black Africa! This also directly shows that India's agricultural production level is extremely low.
How hard it was before the liberation, the Chinese people have a deep memory!
However, the per capita food output of the Indian people whose GDP has been “high-speed” for several decades has not been able to cope with China in 1949, which is still the case that the cultivated land area is several hundred million mu more than China! Per capita meat, poultry, poultry and eggs, and aquatic products are even less pitiful. Looking at the data for 2016, it is a discount. That is, an Indian eats only 0.67 kg of meat per month and only 1 meal per year. Chicken, eat one 1.3 kg of fish a month, eat one egg a week!
Even more funny is that India is the world's largest rice exporter. In 2016, it exported 10 million tons. It is also the largest beef exporter, and half of the beef is exported. In 2016, the export volume reached 2.5 million tons. ! In contrast, China's grain imports reached 21.99 million tons in 2016, and soybean imports reached 83.91 million tons, adding more than 100 million tons! This is the result of India’s so-called “high-speed” growth of GDP for decades! It has grown to the standard of living of the people (the angle of food) and even worse than China before liberation! Haha, isn't it ironic!
[2] From 1949 to 2016, China's population increased by 1.55 times, a net increase of 840 million people, per capita food production increased by 1.14 times, net growth of 237 kg; while India's population increased by 2.66 times, a net increase of 960 million people However, per capita food production has only increased by 10%, and net growth has been less than 30 kg!
[3] Since 1990, India's population has increased by 500 million, but the per capita grain output has not increased. It has been floating around 200 kilograms per capita. That is to say, India's grain production growth rate has not been maintained for nearly 30 years. The population is growing at a faster rate, which is a terrible phenomenon! Especially in 2000, India has increased net by 100 million people every six years. At least 500 million people have been netted in 30 years. The total population is over 1.9 billion. Because as the population base increases, the population increases faster and faster. It can be expected that the big population explosion in India will happen in the near future. The so-called “demographic dividend” is a joke! The increase in India's grain output is based on the 26-year period of 1991-2016. It is extremely pessimistic. After 30 years, the total output can reach 320 million tons. It is a great deal for two meals a day!
Let's compare the agricultural GDP and actual output of China in 2005 vs. India in 2005.
In 2005, China’s agricultural GDP was $279.9 billion, while India’s agricultural GDP in 2016 was $304.6 billion, and India was slightly higher than China! Let’s take a look at the actual output. China’s grain output is nearly twice that of India, meat is 8 times, aquatic products are nearly 5 times, vegetables are nearly 4 times, and fruits are 2 times! Cotton is flat and the oil is slightly less in China. The only bright spot in India is sugar (because India's sugar cane is very large), and the absolute number is 13 million tons more than China! So although India’s agricultural GDP in 2016 was slightly higher than China’s agricultural GDP in 2005, in terms of actual output, China is at least 2.5-3 times that of India, which is still more than a few hundred million acres in India. in the case of! It can be seen that either China’s GDP is under-reported, or India’s GDP is too much water!
It’s unimaginable. In the same case of the $2 trillion economy, India’s agricultural GDP in 2016 is still slightly higher than that of China in 2005, but the actual output is so much different. This is the vast majority of people. I can't imagine it!
Cow dung GDP, worthy of the name!
[two] industry
Industry is a strong cornerstone of the nation's nation and a foundation for a strong agricultural and service industry. When China was just founded in 1949, India's industrial strength was far more than that of China at that time. The output of major industrial products was not only the same as that of coal, but the others far exceeded that of China at that time. The gap in crude steel production even reached 8 times! So nearly 70 years have passed, what is the situation?
India's GDP composition is rather miraculous. It is clearly one of the poorest developing countries in the world, but its GDP is similar to that of developed countries. In 2016, industry accounted for only 14.4% of India's GDP, and this share is still Year after year, in contrast to the same volume of China in 2005, industry accounted for nearly half of GDP!
！In 2005, China’s industrial GDP exceeded US$1 trillion (2016: US$4.5 trillion), while India’s industrial GDP in 2016 was only US$320 billion, more than three times that of India (if it is the same as 2016, China is India’s) 14 times)! The output of basic industrial products such as coal, crude steel, cement and non-ferrous metals was at least three times that of India in 2016 and 1.2 times that of India in 2016; in manufacturing, electronics, and production in India in 2016 Compared with China in 2005, the overall difference is at least 10 times. It is basically a cheap assembly plant in China, Japan and South Korea. It is not even worse than Vietnam in 2005, even Vietnam, Thailand, Mexico, etc. The automobile industry can be said to be one of the rare highlights of Indian industry. In 2016, the output exceeded 4 million, including nearly 3 million passenger cars and 1.4 million commercial vehicles (trucks and buses), which is generally in line with China in 2005. Compared with 1.3 million vehicles (China's automobile production exceeded 28 million in 2016); although the gap is smaller than that of China in 2005, the market share of Indian independent brands for passenger cars is only 15%. It’s terrible, it’s worse than China’s in 2005! In terms of import and export, India has had a deficit for decades, because it has no competitive products at all. In 2016, the country's total export value ranked only 20th, even worse than Taiwan, with Thailand a grade! The total value of imports and exports ranked 14th, slightly higher than Singapore! In contrast, in 2005, China’s exports and imports and exports ranked third in the world, far stronger than India in 2016! Finally, look at the comparison of infrastructure. In 2005, China is far more than India in 2016. The newly added electricity is four times that of India and three times that of railways. The gap between highways and highways has even reached a few. ten times! Look at the stock, highway: China's 41,000 km in 2005 (130,000 km in 2016), India is only 1,300 km in 2016! According to the speed of the third brother, in the next century, China’s highway level in 2005 will not be reached! Therefore, from an industrial point of view, how high the water content of India's GDP can be imagined, because this is a hard indicator of realism!
[three] service industry
Industry is the foundation of the service industry, and the service industry without the strong industry backing is a joke. The service industry has a major share of India's GDP composition, and its share has been increasing. In 2016, the service industry contributed 66.1% of its GDP growth, and its GDP accounted for more than 70%. Even higher than Japan, it is amazing!
Most of the “high-speed” growth rate of India’s GDP is created by the service industry! In 2016, the service industry created GDP of 1.6 trillion US dollars, almost twice the GDP of China's service industry in 2005! India has divided its service industry into four major parts: hotel and trade services, financial services, social services and construction. In fiscal 2016, the proportion of GDP was 25.3%, 20.8%, 17.1%, 8.9. %.
[1] Let's talk about the construction industry from the perspective of India. In 2005, China's construction industry accounted for about 7% of GDP, equivalent to about 160 billion US dollars. In 2016, India's construction industry GDP was about 200 billion US dollars, 25% more than China. In the construction industry, real estate accounts for the majority. In fiscal 2016, India sold less than 300,000 commercial housing units, compared with more than 6 million in 2005 in China, more than 20 times that of India! However, in 2016, India’s construction industry’s GDP was 25% more than in 2005, why is this? Because the Indian government has made the slums of the slums, the roadsides and other poor people with bamboo rafts and plastic sheets counted as the GDP of the construction industry, haha! Is it ironic? ! Even the houses built by the peasant brothers in China are not counted in GDP! From this perspective of the construction industry, we can see how much water is in India's GDP! The so-called high-speed growth of the construction industry is essentially a few shacks for several newcomers to the city!
[2] Let's talk about the social service industry. The proportion of the social service industry in India's GDP is as high as 17%, which is higher than the proportion of its industry. The GDP contribution in 2016 reached 380 billion US dollars! Why is India’s social services industry accounting for such a high proportion of GDP? Because the Indian government has converted the incomprehensible individual economy into it! For example, the pancake stalls on the roadside, how many pancakes sold by hawkers are not included in GDP in China, and there is no way to calculate them. But in India, this is to be included in GDP! The Indian government counts the small street vendors, rickshaws, etc., even the tip (the tip in India is traditional) into the service industry's GDP, and these similar individual economies in China are not counted in GDP! In one sentence, the social service industry in India is summarized: the “GDP” created by roadside vendors, rickshaw drivers, etc. far exceeds the real GDP created by its industry! [3] Financial services industry. The financial services industry has occupied an extremely important position in India's GDP composition, accounting for more than a staggering 20%, while the US financial industry's GDP is only 7% of the world's financial sector. India's financial industry The proportion is three times that of the United States! From this perspective, India is a superpower than the United States! In 2005, China's financial industry also accounted for about 7% of GDP. Why is India's financial industry accounting for such a high proportion of GDP? One of the important factors is that the Indian government has calculated the market value of the stock market as GDP. This is unimaginable in other countries. It is amazing! From the perspective of the financial superpower America, how much water does India's financial services industry have!
[4] Hotel and trade service industry. This division of India is rather strange. The hotel and trade service industry accounted for 1/4 of India's GDP, accounting for the highest proportion. In fiscal 2016, it reached US$560 billion, of which IT service outsourcing accounted for a large proportion. proportion. IT service outsourcing (software R&D outsourcing, operational services and maintenance services, the call center in the movie "Slumdog Millionaire" is the operational service outsourcing in IT service outsourcing) is one of the few more competitive industries in India, 2016 In the fiscal year, the export volume exceeded US$90 billion, ranking first in the world. In 2016, China’s IT service outsourcing exports amounted to only US$29 billion. In this regard, India currently has a certain leading edge. Note that IT service outsourcing is not software, not hardware, it is a service! Numerous Indian "three software kings" and "india's IT industry far exceeds China" are actually just IT service outsourcing. If you are interested, you can check out the "2016 Global Software Top 100 Enterprises" list by PricewaterhouseCoopers. There is no Indian company. India is a software power? This is a misunderstanding! India's IT industry far exceeds China? This is a joke! In 2016, India's IT industry (hardware + software + services including outsourcing) total output value of only 150 billion US dollars, and in 2016 China's total IT output value exceeded 2 trillion US dollars! In summary, it can be seen that the service industry of India's third brother without a strong industry is basically a joke, and the water content exceeds the water content of the human body! Even more funny is that many Indian three brothers are proud of this. "This is the industrial structure of developed countries!"
[four] summary
Based on the above analysis of the output of agriculture, industry and service industry, it can be clearly seen that although India's GDP in 2016 is comparable to that of China in 2005, its water content is too high, and it is simply unbearable! After the extremely low level of agricultural production, according to the actual output, the agricultural GDP is at least half of the water; the industrial level is even more so (the statues of the worship are imported from China); the so-called service industry is even more a joke! By changing the statistical algorithm to increase the GDP growth rate, even counting cattle and sheep manure into GDP, the "pseudo-GDP" of various service industries, all kinds of water injection, this is the truth of India's GDP "high-speed" growth! Finally, weigh the gold content of India's GDP “high-speed” growth from the perspective of the company, which is also another proof of the final conclusion. Enterprises are currently the most basic social unit for creating social wealth, especially for large companies. The ranking of the Fortune Global 500 companies is one of the most intuitive indicators. As the economy grows at a high speed, the overall strength of the company will also grow at a high speed. Horizontal and vertical comparison from two angles:
[1] Horizontal comparison with GDP volume (China and India in 2005)
In 2005, 18 enterprises in China (including 2 Taiwan) were among the top 500 in the world, and 3 of them entered the top 100 (Sinopec 31, State Grid 40, PetroChina 46), and the number of finalists ranked among the top in all countries. 6;
In 2016, only seven companies in India entered the world's top 500, the top 100 did not. The top ranked is the Indian oil company, ranked 161, the other six are Reliance Industries 215, India Tata Motors 226, National Bank of India 232, Bharat Petroleum Company 358, Hindustan Oil Company 367, and Rajesh Exports Company 423 are all ranked low; the number of short-listed companies ranks only 14th among all countries.
From this comparison, it can be clearly seen that regardless of the number of companies selected, the ranking of the finalists, and the ranking among countries, the 2016 GDP of India with the same GDP is very different from that of China in 2005! This is consistent with the conclusion that India's GDP water content is extremely large.
[2] Longitudinal contrast under the same time conditions
In 2005, India was nominated for five of the world's top 500. In the year, China was shortlisted for 18 (including two in Taiwan). The gap with China is 13 and China is 3.6 times that of India, but 11 years later, in 2016, India. The number of companies ranked in the world's top 500 is only two more than in 2005, with a total of seven, with little progress, but the number of Chinese finalists has soared to 110 (including 7 in Taiwan), 16 times that of India, India. Even a fraction of China is not here! Its progress is even worse than that of China's Taiwan (Taiwan has risen from two in 2005 to seven in 2016, and Foxconn even ranked 25th).
Looking at the curve of the number of Fortune 500 companies in China and India over the years, from 2005 to now more than 10 years, India has almost no change, basically a horizontal line, in contrast, China is soaring, the number of top 500 companies has increased every year! Why is China so rising? This is inseparable from the rapid growth of China's GDP. In the enterprise, the strength of large enterprises has also increased, so the number is increasing. This further confirms that the rapid growth of China's GDP is real. ! In contrast, India, the third brother boasted GDP growth, where did it grow? This further proves how much water the “high-speed” growth of India's GDP is, and further confirms that India's so-called high-growth nature of GDP is just a “pseudo-small shack and a small vendor selling more cups of milk tea.” GDP" only!
Author: Chih bamboo
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