China’s 2017 Central Economic Work Conference is expected to focus upon the theme of “high quality growth.”
Chinese vice-premier Wang Yang told an audience of multinational executives that China will continue to open up its economy, as well as improve the transparency and regulation of the financial system.
One of the China Banking Regulatory Commission’s senior-most official says the country’s economy could face tough times ahead.
An opinion piece in the flagship news publication of the Chinese Communist Party claims that the easing growth in China’s M2 money supply won’t have a major, adverse impact upon the broader economy.
Beijing is accelerating plans to launch a “national accounts” (国家账本) system that will provide an official tally of the country’s assets and liabilities.
One of China’s leading economists sees the country’s per capita GDP rising to 70% of that of the United States by mid-century, as long as it can avoid a financial crisis.
The first three quarters of 2017 saw China lift its capital efficiency levels for the first time in over a decade according to Michael Taylor, chief credit officer of Moody’s Investors Service.
Analysts say the recent raft of disappointing economic data points to a slowdown in key investment drivers that will continue to weigh on China’s near-term growth.
One of China’ s leading investment banks says that both domestic and overseas financial institutions are excessively pessimistic in their assessment of the country’s economic growth prospects, pointing to high levels of government savings as well as underestimates of potential housing demand.
21 of China’s 33 province-level administrative entities have released GDP data for the third quarter of 2017, pointing to the predominant role of southern coastal provinces in the national economy.