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World Insight 10/08/22 China's GDP

08-23-2010 17:04 BJT

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Monday, news that China had overtaken Japan to become the world's second-largest economy in the second quarter of the year made headlines around the world.

While some western media call it an economic milestone, China believes it's too early for celebrations, because the country's per capita GDP still lags behind many developed nations.

Does having the second largest economy mean a change to China's status? And what does the ranking mean to Chinese people? Let's examine these questions.

Editor:Zhang Jingya |Source: CNTV.cn

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