The Secret Which Made China SuperPower

China's secret strategy surpassed the United States to become the world's largest economy GDP in terms of purchasing power parity (GDP-PPP) in 2014 according to the International Monetary Fund (IMF)!

Firstly, all land in China belongs to the state! Why is there no private land in China?

Urban land is owned by the state, while rural land is nominally collectively owned. The land in the country belongs to the state and collective (another form of state, and individuals do not have ownership of the land, only the right to use it. 

Legal basis: The Civil Code of the People's Republic of China. 

Article 249: Urban land belongs to the state. According to the law, rural and suburban land that belongs to the state.

Article 250: Natural resources such as forests, mountains, grasslands, and mudflat etc… are all owned by the state, except those that are owned by collectives according to law.

Secondly, private ownership of land in China is not allowed. This unique land system endows China with many advantages, especially economic development advantages

For example, what many people do not know is that when China (1949) and India (1947) were first established, India's economic strength was actually much stronger than China. At that time, India had an industrial system left behind by Britain and a good foundation of heavy industry: Secondly, in terms of external assistance, the Soviet Union and America's assistance to India was much greater than its assistance to China. In addition both have almost the same population. But now by 2023，everyone knows that China's economy is much stronger than India, so why is China developing much faster than India? 

One of the secret strategies is that all land in China is state-owned, and individuals only have the right to use it, not the right to own it. India is different, as most of its land is privately owned and only a small portion is state-owned. This has resulted in one of the most fundamental tasks of economic development, "land acquisition," which is easy to complete in China and difficult to complete in India.

For example, if China wants to build railways along the coast to connect all coastal ports, or establish a large-scale special economic zone, it will need to acquire land first. As the land is state-owned, it is easy for the state to ask local residents to relocate according to law, and the compensation for relocation given to local people will not be too expensive.

But it is difficult for India to complete this process. This land is privately owned, and if private individuals are unwilling to sell it during land acquisition by the state, the state has no legal solution, especially if compensation cannot satisfy the land owner, then the government cannot complete the land acquisition.

Because when the government is unable to complete land acquisition for highway and railway factories at all or on time, how to build factories to produce products for sale or how to low-cost and timely transport products that have already been produced to the consumers?

Therefore, Today China's economy is much stronger than India's.

In addition, according to data from the International Monetary Fund (IMF), in 2022, China's total economic output (GDP) reached 18 trillion US dollars, second only to the United States and second in the world, while India only had 3.39 trillion US dollars; According to the calculation method of purchasing power parity (PPP), China's economic size (GDP-PPP) had already surpassed the United States in 2014, becoming the world's largest economy. The IMF adjusted GDP according to PPP (GDP- PPP), and the results showed that in 2014, the US economy was $17.4 trillion US dollars, while China's economy was $17.6 trillion US dollars.

In summary, the national ownership of all land is one of the secret strategies to China's economic takeoff and allowing India to only see its taillights, surpassing the United States in 2014.