Economic Development of China and European Union

In this research work, Author focus on the analysis of the main problems of economic development of
China and European Union. What indicates the importance and innovativeness of the research is the
presentation of the technical progress especially in China, and the growth of economic development
of the European Union. China may continue their development to specialize in electronics and
increasingly in services. With new investments, a country can transform its position through industrial
expansion at home and sustain it through international trade. China is especially sensitive to the
advantages of intensive growth and will not wish to disrupt essential economic arrangements that
have been crucial to her success. The main aim of the article is the presentation main problems of
economic development European Union and China. In the article presents inequality development of
China, China production superpower, European Union and China in the light of global
competitiveness strategy of Europe 2020.