Explore the per capita GDP gap between China and developed countries

Abstract

With the status of China in the world and the continuous growth of China's GDP, we can see a problem: in the developed countries, the per capita GDP is high, the price level is high; In developing countries, the per capita GDP is not high, the price level is low; In view of the gap between China and developed countries, the annual wage gap between Chinese taxi drivers and American taxi drivers is further explored. By exploring why there is such a big gap between China and developed countries, the paper recognizes the efforts that China can make in improving its per capita GDP. It is found that countries with high per capita GDP also need to have strong high-tech industries. In general, it is also necessary to recognize that the per capita GDP gap between China and developed countries exists but is narrowing, and China is moving toward the level of developed and rich countries.