Conjunctura economiei mondiale / World Economic Studies, 2017, 179-188
China's economy performed well in the first year of the 2016-2020 Five-Year Plan, and even went beyond the planned targets in the context of the triple need of simultaneously keeping stability, nurturing growth and reforming the economy, and also facing the increasingly volatile domestic and international environment. Decelerating growth was under control, inflation was kept low, fixed asset investments, as well domestic trade and consumption increased at slower rates as compared to previous years, while foreign trade slightly improved, and outward investments skyrocketed. The same trends are expected to hold broadly for the 2017-2018 time-frame, with the notable exception of outward investments, which will slow down in response to the measures taken to curb capital flight. Nevertheless, the annual targets established by the Chinese Government will be most probably met.
Keywords: China; Chinese economy; economic rebalancing; economic reform; yuan; RMB; 2016; the 2016-2010 five-year plan (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:179-188
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