People's Republic of China: Staff Report for the 2012 Article IV Consultation

July 24, 2012

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Format: Chicago

People's Republic of China: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 23, 2024

Also available in: 中文

Summary

China’s economy has been moderate in 2012, with a GDP growth of about 8 percent. Macroeconomic policies helped to maintain sustainable growth and continued to be adjusted in line with evolving conditions. The 2012 fiscal stance balanced the past stimulus with the growing economy. The authorities have taken necessary steps to accelerate the implementation of approved projects. Directors encouraged the authorities to accelerate the transformation of China’s economy as conceived under the 12th Five-Year Plan.

Subject: Balance of payments, Banking, Consumption, Current account surpluses, External debt, Labor, National accounts, Public debt, Real effective exchange rates

Keywords: China, China's economy, Consumption, CR, Current account surpluses, Economy, Global, Growth, Import growth, ISCR, June interest rate reform, May, Nonfood inflation, Reform agenda

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/195
Stock No:

1CHNEA2012006
ISBN:

9781475505467
ISSN:

1934-7685

Notes

Also available in Chinese

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