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China’s Macroeconomic Outlook

Part of the Current Chinese Economic Report Series Book Series

DOI: 10.1007/978-981-10-6123-3

ISBN: 978-981-10-6122-6

Publisher: Springer Singapore - Springer Journals

Oct 13, 2017

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Chapter 1China Economic Performance in 2016

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Pages: 1 –18

[China’s real gross domestic product (GDP) grew by 6.7% in 2016, down 0.2 percentage points over the previous year (see Fig. 1.1). China’s economic growth continues to slow down since 2010, but the rate of decline in growth is gradually narrowing. With particular priority was given to cutting...
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Chapter 2Quarterly Forecast for 2017–18

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Pages: 19 –30

[The US economy showed a strong rebound in the second half of 2016, and the economy was close to full employment. In 2017, after Donald Trump became the president of the United States, the market looked forward to his policies such as fiscal stimulus, tax cutting, capital return and so on, which...
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Chapter 3Policy Simulation: Effects of Rebalancing the Chinese Economy

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Pages: 31 –46

[China’s per capita GDP reached $ 4478.49 in 2010, indicating that China became an upper-medium-income economy classified by the World Bank and its economic development entered into a new stage. In 2016, China’s per capita GDP increased to $8104.91, and kept moving towards a high-income economy....
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Chapter 4Policy Implications and Suggestions

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Pages: 47 –49

[The sharp decline in the growth of private investment is the most noteworthy topic of China’s macroeconomic operation in 2016. In order to compensate for the decline in private investment growth on the negative impact of economic growth, China’s government significantly increased the investment...
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Chapter 5Comments and Discussions

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Pages: 51 –58

[China’s macroeconomic policy in 2017 should focus on the supply-side structural reforms. What can we do for the supply-side structural adjustment? How to cut costs and strengthen areas of weakness? It is fair to say that, on the one hand, there are few policy instruments we can apply; on the...

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