Author: Zhongwen Zhang
Publisher: World Scientific
ISBN: 9811229082
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
China's reform and opening-up have contributed to its long-term and rapid economic development, resulting in a much stronger economic strength and much better life for its people. Meanwhile, the deepening economic integration between China and the world has resulted in an increasingly complex environment, growing influencing factors and severe challenges to China's economic development. Under the 'new normal' of the Chinese economy, accurate analysis of the economic situation is essential to scientific decision-making, sustainable and healthy economic development and to build a moderately prosperous society in all respects. By applying statistical and national economic accounting methods, and based on detailed statistics and national economic accounting data, this book presents an in-depth analysis of the key economic fields, such as real estate economy, automotive industry, high-tech industry, investment, opening-up, income distribution of residents, economic structure, balance of payments structure and financial operation, since the reform and opening-up, especially in recent years. It aims to depict the performance and characteristics of these key economic fields and their roles in the development of national economy, thus providing useful suggestions for economic decision-making, and facilitating the sustainable and healthy development of the economy and the realization of the goal of building a moderately prosperous society in all respects.
Author: Thomas Orlik
Publisher: Pearson Education
ISBN: 0132620219
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
In Understanding China’s Economic Indicators, leading economist and Wall Street Journal columnist Thomas M. Orlik introduces 35 of China's most significant economic statistics. Orlik explains why each indicator matters, how it is collected and computed, and its impact on equity, commodity, and currency markets. As China has emerged as a central player in the global economy, more and more investors are seeking profitable opportunities there. To choose the right investments, it's crucial to understand China's economic environment–and that means finding, interpreting, and utilizing China's growing base of economic indicators. Orlik helps investors make sense of data on everything from Chinese GDP growth to inflation, unemployment, bond yields, electricity production, and aircraft passenger numbers. He draws on the best information supplied by the Chinese government's statistical agency, ministries, and industry associations, as well as private sources. Each indicator is clearly described, along with a practical discussion of its implications for investors.
Author: Nai-Ruenn Chen
Publisher: Routledge
ISBN: 1351528661
Category : Business & Economics
Languages : en
Pages : 747
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Book Description
This thoroughly researched and clearly written compendium of available statistical information on China provides reliable information, careful explanations, useful guides to further research, and a full bibliography. An exhaustive compilation of national and provincial statistics on mainland China from 1949 to 1959, this book covers every facet of the Communist Chinese economy and presents the most comprehensive coverage available of statistical data on China from this period. Based on data obtained directly from Chinese sources, this book is the first attempt to provide Western readers with a reliable reference on the economy of mainland China. Nai-Ruenn Chen thoroughly and systematically examines each area of the economy and provides an authoritative guide to the terminology, classification, and method of collecting and listing data presented in the ample tables included in the book. Except in cases where missing information could be filled by simple arithmetic means or from descriptions by the Chinese themselves, no data was synthesized by inferential methods and no non-Chinese estimates were used. Rather Chen lists formulae for achieving indices for statistical measurement, defines geographical, economic, and administrative units of measurement, and explains the development of statistical procedures that have evolved in China. This volume is divided into eleven sections: area and population; national income; capital formation and related estimates; industry; agriculture; transportation and communication; trade; prices; living standards; public finance, credit, and foreign exchange rates; and employment, labor productivity, and wages. Each section consists of two parts: one containing the explanatory text, and the other, statistical tables grouped largely according to Chinese classifications. Chinese Economic Statistics in the Maoist Era: 1949-1965 is indispensable to anyone studying China, a valuable source for students of economic develo
Author: Maddison Angus
Publisher: OECD Publishing
ISBN: 9264163557
Category :
Languages : en
Pages : 196
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Book Description
The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
Author: Wuyi Zeng
Publisher: Springer Nature
ISBN: 9813366028
Category : Law
Languages : en
Pages : 225
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Book Description
This book focuses on how to improve the quality management of official statistics in China. Official statistics help to build an overview of China’s social and economic development and play an important role in policymaking for government as well as in decision-making for enterprises. Because of the great value in reference, the quality of official statistics also constitutes the concern from the public. This book summarizes three levels for understanding the concept of the quality of official statistics and analyzes possible affections from social and economic environment, political and management perspectives. Government statistical data is an important information reflecting China’s economic and social development, an important tool for Party committees at all levels, governments, enterprises and the public to understand and grasp China’s economic operation and social development, an important basis for Party committees and governments at all levels to conduct economic and social management and decision-making and an important reference for enterprises and the public to make decisions on production, operation, investment and consumption. Therefore, the government, enterprises and the public at all levels are demanding more and more government statistics. Accordingly, the quality of government statistical data is becoming more and more important, because it concerns the objectivity and accuracy of government statistical data, the scientificity of economic and social management, the decision-making of Party committees, the correctness of production, operation, investment and consumption decisions of enterprises and the public. Therefore, the quality of government statistical data is extremely important, which is not only the focus of social concern, but also the core issue of government statistics.
Author: Matthew Crabbe
Publisher: Springer
ISBN: 1137353201
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
A good understanding of Chinese data gathering methods and reporting structures is invaluable to anyone with business or investment plans in China. This book tackles the veracity of Chinese statistics, raising awareness of abuses and problems in real-life examples that have occurred, and provides practical strategies to reduce risk in the future.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
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Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Author: Linda Y. Yueh
Publisher: Edward Elgar Publishing
ISBN: 1849805652
Category : Business & Economics
Languages : en
Pages : 263
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Book Description
'The book is a very good snapshot introduction to China and could potentially be used as a supplementary text for undergraduates in their studies on the Chinese economy or Chinese studies.' Herb Thompson, Journal of Contemporary Asia 'By examining the institutional reforms used to make the transition, Yueh provides a comprehensive and exceptionally insightful analysis of economic change in what has become the world's second biggest economy. . . Highly recommended.' C.A. Haulman, Choice The emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world. China's impressive economic growth has propelled it from being one of the poorest countries in the world to becoming its second largest economy. It is a complex economy with a mix of characteristics resulting from being both a transition economy and a developing country, which also points to the challenges that it still faces. This book explains China's remarkable transformation from a centrally planned to a more market-oriented economy through examination of the institutional reforms necessary to support such marketisation and eventual global integration. Although no book will be able to be completely comprehensive given the scale of the economy and the remarkable pace of transformation over three decades, this study highlights the key areas giving an overview of the major developments in China's economy, enabling its prospects of continuing growth to be assessed. With topical discussion incorporating recent data and developments, this book will be a stimulating read for academic researchers, postgraduate students in economics, international business, Chinese and area studies, as well as anyone interested in understanding the Chinese economy.
Author: Lawrence Robert Klein
Publisher: World Scientific
ISBN: 9789810243838
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
This is the very first book to offer seven substantial econometric models of the Chinese economy with the statistical data used, so that the reader will be able to reproduce them all and test them for any policy alternatives.The book presents up-to-date models produced both inside and outside China, so that readers can understand most of the advanced studies of the Chinese economy by Chinese experts at the present time. This is an invaluable reference for graduate students and scholars working on Chinese economic problems.
Author: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815738064
Category : Political Science
Languages : en
Pages : 444
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Book Description
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
