Tag: largest developing country

Beijing : China remains the world's largest developing country despite having a a low per capita GDP, lingering urban-rural gap, weak industrial competitiveness and technological innovation, according to an economist. The remarks were made by Wang Yuanhong, an economist at the State Information Centre, Xinhua news agency reported on Monday. "We should look at both economic aggregate and per capita figures when measuring the real development level of a country," Wang said. Despite being the world's second largest economy, China's per capita GDP in 2016 was only 80 per cent of the...