By Ping Zhang, Xiahui Liu, Fuhua Yuan, Ziran Zhang
This booklet probes into China's fiscal development in 2013 and predicts China's improvement customers. China’s GDP progress in 2014 maintains to decelerate, and is predicted to be 7.6%, with the CPI reliable at a degree of 2.5%. With the pressures of structural slowdown, 2014 should be a yr of adjustment, and there'll be a slowdown in new tasks to lessen probability. opposed to a history of guidelines to stabilize progress, switch constructions and advertise reforms, and with the intention to examine the sustainability of improvement and transformation and improve of China's provincial areas, this publication proposes a process for comparing the country’s improvement customers and expounds monetary development on the provincial level.
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Extra resources for Annual Report on China’s Economic Growth: Macroeconomic Trends and Outlook
2 Level classification of development prospects for China’s 30 provinces, regions and municipalities in 2013 will be more effective than supply management policies. It must be recognized that China’s current level of potential growth is declining, that is, China is in a period of structural deceleration in economic growth, that the input of production factors have not been sufficient enough to sustain a relatively high economic growth rate because of no improvement in the efficiency of the production factors.
The third includes Hubei, Liaoning, Anhui, Jilin, Henan, Chongqing and Sichuan, the total sum of which takes up about 20 % of the aggregate weight. Compared to the 2011 economic growth chart, Hubei is one level down on the 2012 chart, from Level 2 to Level 3 and Liaoning, from Level 2 to Level 3. The fourth includes Gansu, Jiangxi, Hebei, Shanxi and Hunan, the total sum of which takes up about 10 % of the aggregate weight. Compared to the 2011 economic growth chart, Gansu is one level up in the 2012 chart, from Level 5 to Level 4 and so is Hunan while Shanxi is one level down, from Level 3 to Level 4.
Liu • F. D. • H. D. • Z. cn © Social Sciences Academic Press and Springer Science+Business Media Singapore 2016 P. Zhang et al. 1007/978-3-662-49050-1_2 31 32 Z. Zhang et al. 49 %. 22 %. This reflects the significance of such indicators as the level of urbanization, endowment insurance, unemployment insurance and basic medical insurance which are closely related to urbanization in China’s transformation from industrialization to urbanization. 1 Introduction The thirty-plus-year growth of China’s economy is the result of the economic structure reform dominated by the the transformation of resource allocation.
Annual Report on China’s Economic Growth: Macroeconomic Trends and Outlook by Ping Zhang, Xiahui Liu, Fuhua Yuan, Ziran Zhang