Women's role in China's economy is increasing

There is a Chinese proverb - women hold half the sky But women can only do this when they are not harassed-it is said that Mao Tsi-Tung, the founder of socialist China, That is, if women work, it is possible to bring a revolution in the economic development of a country. However, Mao Tsi-Tung seems to have misinterpreted the issue rather than the Chinese scholars. Similarly, Peri Link, a Chinese expert in the University of California at Riverside. She thinks, women have the power to hold half the sky.

Recently, a report published by the international research institute McKinsey Global Institute found that 41 percent of GDP in China contributed to women. In a report by The Economist, McKinnes's report was highlighted.

The world's second biggest economy is now called China. The country can turn out to be the top economy by 2032 - predictions of various research institutions. The above statistics tell about how much women's contribution to China's progress is. China's contribution to China's GDP is now more than the US. US Forbes reported that 147 women in the world are billionaires (billionaire), 114 Chinese women. Where the number of US is only 14 That is to say, China's women are moving forward than other countries in the world.

McKinsey believes that not only China, but progress has been made in other Asian countries. Women are now playing a role in the economy, more in the future. Many countries believe that there has been a lot of progress in this regard, the report is the author Anu Madgaonkar.

In the report, McKinsey has presented examples of several countries. As in the last 10 years, the participation of women in the workplace has increased in Japan. In Philippines, the proportion of men and women in professional or technical work is now 142: 100, that is, more women are women. Besides, the participation of women in labor sector is increasing day by day.

McKinsey released a list on this issue. The list shows that 35% to 40% of women in GDP, Thailand, Vietnam, Singapore, Australia. In South Korea, Philippines, Japan, Indonesia, this rate is 30 to 35 percent. But this rate is quite low in Bangladesh, India and Pakistan. Women's contribution to GDP is 19 percent in India, 18 percent in India and 10 percent in Pakistan.

According to a report of the World Economic Forum in April, according to the estimates of 2015, the contribution of women to GDP in the world is 37 percent. 41 percent in China, 41 percent in Eastern Europe and Central Asia. On the other hand, the rate of 24 percent in South Asia. According to the Bangladesh Bureau of Labor Statistics, in the last one and half years (January 2014 to July 2015), the employment of women has increased almost twice as compared to men. During this period, the employment of 1.4 million people in the country has increased and among them nine lakhs of women

This participation is possible to extend further. And it will also be remarkable about economic progress. According to McKinsey's research, if China increases the employment, bell and productivity of women, by 2025, it will increase to 13 percent of GDP. That means an additional $ 2.6 trillion will be added to the economy; Which is almost equal to the economics of France. At least 37 percent of women in the workforce need to participate in economic development in India, which is currently 27 percent.

But it is not correct to think that economic development and employment of women are on the same level. In many South Asian countries like India, it is seen that, if the man in the house earns good, then the woman will move away from the workplace. That means reducing the need for women's work when family income increases. However, this is not seen in Nepal and Myanmar. Here, women have to work in tune with men. In most cases, women's participation in agriculture is essential in these countries.

But women involved in various types of work, social work recognition of how much?
McKinsey says that many things in GDP are not actually recorded. Here's the statistics of Economic Cooperation and Development Organization (OECD) in Macquinas. 73 percent of the work done by women in China is free of charge. In South Korea, Japan and China, the rate is 83, 84 and 85 percent respectively. In the case of household chores, work done day and night for women, in the case of fracture, childbirth and their intensive fertility etc., largely unpaid family labor. These jobs are kept out of the calculation of GDP measurements.

If women do all the work that is available in the remuneration, then what will be the cost of free of cost? Such a question may arise, says McCaines. As a solution to this, it can be said that men will do the work of the house or work as employees. Considering the financial cost, the contribution of those workers will be added to the GDP.