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China's Macroeconomic Outlook

Part of the Current Chinese Economic Report Series Book Series

DOI: 10.1007/978-981-13-9357-0

ISBN: 978-981-13-9356-3

Publisher: Springer Singapore - Springer Journals

Aug 9, 2019

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Chapter 1Review of China’s Macroeconomy in 2018

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Pages: 1 –16

[In 2018, the real gross domestic product (GDP) of China grew 6.6%, an increase of 0.2% points over the previous year (Fig. 1.1). The economic growth continued to be stable with a slight decline. On the one hand, the key tasks of “three cuts, one reduction, one complement” (Supply-side structural...
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Chapter 2China’s Macroeconomic Forecast for 2019–2020

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Pages: 17 –28

[Since the end of 2018, the downward pressure on global economic growth has been increasing, and the weakening trend of economic expansion is becoming more and more obvious. In the United States, as the effects of stimulus policies recede, the process of reducing balance sheet and raising...
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Chapter 3Two Scenarios to Analyze the Effects of Reducing Social Insurance Rate

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Pages: 29 –42

[The weakening of the global economic expansion, the decline in the growth rate of domestic investment and the difficulty of rapid growth in real income have placed greater downward pressure on the China’s economy. In the short term, maintaining an appropriate and stable rate of economic growth...
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Chapter 4Policy Recommendations

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Pages: 43 –47

[In 2018, as the economy achieved stable growth, the economic structure continued to optimize, the employment situation remained stable, the key tasks of “three cuts, one reduction, one complement”(Supply-side structural reform: Cutting overcapacity, de-stocking, de-leveraging, reducing costs and...

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