People's Republic of China: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People’s Republic of China

August 8, 2017

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Format: Chicago

People's Republic of China: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People’s Republic of China, (USA: International Monetary Fund, 2017) accessed November 23, 2024

Also available in: 中文

Summary

This 2017 Article IV Consultation highlights China’s continuing transition to a more sustainable growth path and the advance of reforms across a wide domain. Growth slowed to 6.7 percent in 2016 and is projected to remain robust, at 6.7 percent, in 2017 owing to the momentum from last year’s policy support, strengthening external demand, and progress in domestic reforms. Inflation rose to 2 percent in 2016 and is expected to remain stable, at 2 percent, in 2017. Essential supervisory and regulatory action is being taken against financial sector risks, and corporate debt is growing more slowly, reflecting restructuring initiatives and overcapacity reduction.

Subject: Credit, Economic and financial statistics, Exchange rates, Expenditure, External debt, Monetary statistics, National accounts, Public debt

Keywords: Bank asset growth, Central Asia, CR, Credit growth, Debt, Global, Headline CPI inflation, IMF staff estimate, ISCR, Mekong, Monetary statistics, PPI inflation

Publication Details

Pages:

92
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/247
Stock No:

1CHNEA2017001
ISBN:

9781484314654
ISSN:

1934-7685

Notes

Also available in Chinese

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