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[The sluggish external market demand and continuous domestic investment expansion in past years have caused excess production capacity, resulting in declines in the growth rate of value added of industry and GDP over the last 3 years in China. The slowdown of China’s real economy in the first...
[In the first half of 2013, China’s industrial production grew slowly, economic growth rate continued to decline, and the growth rate of government revenue fell sharply because of the sluggish external market demand as well as domestic excess production capacity; the expansion of consumption...
[Since the launch of CQMM in 2006, the model have been geared to the changes and development of China’s economy; improvements of CQMM have been made in succession to capture the characters of China’s economic development more accurately, to improve the precision of forecast and to enhance the...
[Since the global financial crisis of 2008, China’s economy has entered a new period of development. The traditional pattern of economic growth, heavily relying on the exports and investment, could not continue, as the efficiency of economy has been declining. The credit loan increased sharply,...
[On the basis of forecast and simulation result above, our research team puts forward the following policy recommendations.]
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