Future of China in 2020

===Introduction===

This page will contain the results of the scenario planning process of group 2 of class DGM EMBA-06 on the following subject:
The future of the China in 2020

The members of Group 2 are:

• Kim, Sung Min
  
• Park, Seok Kwang
  
• Lee, In Ku
  
• Choi, Byoung Tae
  
• Choi, Hyeon Cheol
  
• Hwang, Keon Young
  

===Group Work===

1. Systems Diagram

2. 20 Research Questions & Answers

1)What is the strength of the china yuan compared with the US dollar?

Fixed exchange rate system of yuan could keep a domestic price stabilization and protectthe uncertainty of international payments by short term investment money

2)Whether the Olympic games of china will be successful or not in terms of economic of china?

Through Beijing Olympic game, it will be expected that the investment for infrastructures over 1.5 zillion yuan and the increase of consumption and the job creation over a million. It will be one of the the most successful Olympic games economically.

3)What will become of china’s GDP in 2020?

China’s GDP will be 4.0 zillion dollars similar to Japan and lead the Asian economy

4)How to reduce the gap between poor and rich in china?

The solution to this problem lies in the adoption of a steeper, graduated tax, taxing the rich more and the poor less. We had this many years ago in the developed country, and it was fairly effective in maintaining an equilibrium among the economic groups,

5)How to deal with the pollutions by many factories and vehicles?

They have try to develop and utilize technologies to solve the major environmental challenges it is currently facing and will face in the future. These efforts will be focus on technologies that will treat wastewater, prevent air pollution and improve environmental monitoring systems.

3. Driving Forces

Host to the 2008 Olympic Games Beijing,china,

Elimination the gap between poor and rich in china,