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In the 30 years since China began economic reforms, the presenter recounts, its domestic economy has grown roughly twice as fast as the world economy. Its GDP has expanded from the equivalent of $216.5 billion to $3.28 trillion. The ambassador reminds his audience that in spite of such gains, China remains a developing country, with an enormous population whose per capita GDP is less than 1/17th of that of U.S. citizens'. It is "A long way from basic modernization and prosperity for all."
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