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As the sluggish external market demand and excess domestic investment in past years have caused excess production capacity, resulting in both industrial growth rate and GDP growth rate falling to lowest point for the last three years in China. Where would China’s economy go? China’s Macroeconomic Outlook, September 2013 provides some insights into the details of the economic development in China, and also includes series of simulations of the impact of decreasing government revenue on the economic performance. The research suggests that China should cut its government revenue share in GDP to promote its structural adjustment.
As the sluggish external market demand and excess domestic investment in past years have caused excess production capacity, resulting in both industrial growth
This report is a partial result of the China’s Quarterly Macroeconomic Model (CQMM), a project developed and maintained by the Center for Macroeconomic Resear
This book is a quarterly forecast and analysis report on the Chinese economy. It is published twice a year and presents ongoing results from the “China Quarte
This book is a quarterly forecast and analysis report on the Chinese economy. It is published twice a year and presents ongoing result from the “China Quarter
The research team makes the following forecasts: First, in 2013 China’s growth will remain stable and reach 8.23 percent, an increase of 0.43 percentage point
