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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
China's Macroeconomic Outlook: Quarterly Forecast and Analysis Report, September 2012

China's Macroeconomic Outlook: Quarterly Forecast and Analysis Report, September 2012

Cmr of Xiamen University

Paperback

Series: Current Chinese Economic Report

EconomicsInvesting & Finance

ISBN10: 3642437567
ISBN13: 9783642437564
Publisher: Springer Nature
Published: May 15 2015
Pages: 40
Weight: 0.20
Height: 0.12 Width: 6.14 Depth: 9.21
Language: English

Owing to the decline in domestic investment and trade with the rest of the world, China's real GDP in the first half of 2012 was lower than expected. Based on forecasts from China's Quarterly Macroeconomic Model (CQMM), the slowdown of the growth rate in 2013 will be moderate as a result of modestly proactive macro control policy. GDP would grow at 8.01 percent in 2012, and then rebound to 8.29 in 2013; CPI would fall to a 2.9 percent in 2012, and then would pick up to 3.27 percent in 2013. In the scenario in which the sovereign debt crisis in the euro area worsened in the second half of 2012, real GDP is forecast at 7.71 percent for 2012 and 7.5 percent for 2013. Even if the external economic environment becomes worse, China's growth is expected to stay at above 7.5 percent, which might be a steady growth rate for the near future. If China plans to achieve a higher growth rate by launching the 2 trillion massive investment package, the growth rate of GDP could be increased to 8.25 and 8.86 percent in 2012 and 2013 with a risk of inflation and worsening economic structure.

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