{"title":"China macroeconomic report 2021: China’s macroeconomy marches towards normalisation","authors":"Xiaoguang Liu, Yuan-Chi Liu, Yan Yan","doi":"10.1080/20954816.2021.2005281","DOIUrl":null,"url":null,"abstract":"Abstract In the year 2021, China’s economy continues to recover and moves towards policy normalisation. This report identifies features indicating the beginning of China’s macroeconomic normalisation, the internal and external pressure it faces, and the supporting policies. Due to the economic recovery and the base effect, China’s real GDP growth rate is projected to reach above 8.0% in 2021, and the quarterly growth rate will drop from 18.3% in Q1 to 5.0% in Q4, showing a declining trend. Based on qualitative assessments and statistical forecasts, this report puts forward some policy suggestions.","PeriodicalId":44280,"journal":{"name":"Economic and Political Studies-EPS","volume":null,"pages":null},"PeriodicalIF":1.5000,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic and Political Studies-EPS","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1080/20954816.2021.2005281","RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"SOCIAL SCIENCES, INTERDISCIPLINARY","Score":null,"Total":0}
引用次数: 2
Abstract
Abstract In the year 2021, China’s economy continues to recover and moves towards policy normalisation. This report identifies features indicating the beginning of China’s macroeconomic normalisation, the internal and external pressure it faces, and the supporting policies. Due to the economic recovery and the base effect, China’s real GDP growth rate is projected to reach above 8.0% in 2021, and the quarterly growth rate will drop from 18.3% in Q1 to 5.0% in Q4, showing a declining trend. Based on qualitative assessments and statistical forecasts, this report puts forward some policy suggestions.
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