Is the consumption level of the Philippines lower or higher than that of China?

The Philippines’ consumption level is comparable to that of China.

The Republic of the Philippines (Tagalog: Republika ng Pilipinas), referred to as the Philippines, is located in the Western Pacific and is a multi-ethnic archipelago country in Southeast Asia. Consumption in the Philippines is relatively high. The consumption level in the capital Manila can be compared with Beijing and Shanghai. In particular, hotel and room rental fees are even higher than those in Beijing and Shanghai.

The ancestors of the Filipinos were immigrants from the Asian continent, and established the Sulu Kingdom, a maritime power, around the 14th century. In 1565, Spain invaded and ruled the Philippines for more than 300 years. Occupied by the United States in 1898. Occupied by Japan in 1942. After World War II, it became a U.S. colony again. In 1946, the Philippines became independent.

The Philippines is mainly divided into three major island groups: Luzon, Visayas and Mindanao. There are more than 7,000 large and small islands, with numerous races and cultures, integrating many Eastern and Western customs and prehistoric The Negritos may be the earliest residents of the Philippines. Subsequent migration of ethnic groups gradually brought Malay culture. With the development of religion and trade, Indian culture, Chinese culture and Islamic culture were also brought.

The Philippines is a major member of ASEAN and one of the 24 members of the Asia-Pacific Economic Cooperation (APEC). The Philippines is a developing country, an emerging industrial country and one of the world's emerging markets, but the gap between rich and poor is huge. Since its independence, the Philippines has experienced rapid economic growth several times. However, the political situation is often turbulent, government corruption, and social instability have become a major factor hindering its development.

Extended information

Natural environment of the Philippines

Regional location

The Philippines is located in southeastern Asia. It faces Taiwan Province of China across the Bashi Strait to the north, faces Indonesia and Malaysia across the Sulawesi Sea and Balabac Strait to the south and southwest, borders the South China Sea to the west, and the Pacific Ocean to the east. There are more than 7,000 islands in the country, of which 11 major islands including Luzon, Mindanao, and Samar account for 96% of the country's total area. The coastline is approximately 18,533 kilometers long. ?[5]?

Topography

The terrain of the Philippine Islands is mostly mountainous, accounting for more than 3/4 of the total area; there are more than 200 volcanoes, including 21 active volcanoes. Except for a few islands with relatively broad inland plains, most islands only have narrow plains scattered along the coast. Mayon Volcano in southeastern Luzon is the largest active volcano; Mount Apo in southeastern Mindanao is 2,954 meters above sea level and is the highest peak in the territory.

Between the islands is a shallow sea with many coral reefs. The Philippine Islands are surrounded by deep sea on both sides. The Philippine Trench east of Samar Island and Mindanao Island has a maximum depth of 10,479 meters, making it one of the deepest areas in the world's oceans.

Climate Characteristics

The Philippines has a monsoon tropical rainforest climate, with high temperatures and rain, high humidity, and many typhoons. The average annual temperature is 27°C and the annual precipitation is 2000-3000 mm.

River system distribution

The rivers in the Philippines are all short. The largest river in Luzon is the Cagayan River, 350 kilometers long; in Mindanao, the Mindanao River and the Agusan River are the largest.

Baidu Encyclopedia-Philippines