People's Republic of China: 2011 Article IV Consultation

International Monetary Fund

No 2011/192, IMF Staff Country Reports from International Monetary Fund

Abstract: In this study, China’s economic developments and policies are discussed. Economic growth has been increased by expanding infrastructure and real estate construction. The policy measures outlined in the twelfth five-year plan and implementation of financial reform are important for China’s balanced global growth. The price-based tools of monetary policy, improvement over monetary policy framework, and interest rate structure are encouraged. The financial sector assessment program and the importance of well-sequenced financial liberalization and reforms, which are part of China’s rebalancing strategy, are ascribed.

Keywords: ISCR; CR; June outturn; LG debt; local government financing vehicles; household income; price; staff forecast; staff appraisal; Exchange rates; Income; Consumption; Real interest rates; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 83
Date: 2011-08-18
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