economic growth; price; investment; consumption; foreign trade; forecasting
In 2016, the downward speed of China's economic growth became slow, GDP growth in the whole year ran smoothly. It may reach about 6.7% annually. Prices kept the moderate upward trend of 2015, and CPI might be about 2.1% in 2016. We expect that, in 2017, China's economy will stay in a steady state with a slight decline, but turn to a good position. The annual GDP growth rate may reach about 6.5%. Prices continue to maintain the moderate upward trend, and the annual CPI probably increases about 2.3%. The import and export will have a negative growth, the total volume of import and export is expected to decline by about 5.4%, exports fell by about 6.9%, imports fell by about 3.4% respectively. The consumption will maintain steady growth in 2017, and the final consumption growth rate is expected to around 9%. The investment growth rate might rise slightly in 2017. It is expected that the growth rate of fixed assets investment reaches around 8.5%.
Bulletin of Chinese Academy of Sciences
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Division of Macro-economy Study
"Forecasting China's Major Economic Indexes for 2017,"
Bulletin of Chinese Academy of Sciences (Chinese Version): Vol. 32
, Article 8.
Available at: https://bulletinofcas.researchcommons.org/journal/vol32/iss1/8