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China quarterly update, February 2006 (Chinese)

This paper commences with an overview that provides the following observations: China's GDP growth hardly slowed in 2005, with domestic demand firmly taking the lead over net trade in the second half; the outlook for China's economy remains benign; for macroeconomic policy, this implies that the "prudent" stance announced last year is appropriate for this year as well; the GDP revisions moderate, but do not substantially change, the perspective on China's main structural challenges; and the Party's guidance for the 11th Five Year Plan signals a change to more balanced growth, with more attention to the environment and income distribution. The paper goes on to list: recent economic developments, economic prospects and policies, the outlook for 2006 and macroeconomic policies, structural and social policies, and corporate sector policies and developments.


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    East Asia and Pacific,

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    China quarterly update, February 2006

  • Keywords

    administered prices, agriculture, Approach, balance, balance of payments, bank lending, bank loans, banking system, banks, benchmarks, bonds, borrowing, business taxes, capacity utilization, capital flows, central bank, coal, coal industry, coal mines, commodity price, commodity prices, consumer price, consumer price inflation, Consumer prices, corporate governance, debt, deficits, deflation, deflators, depressed prices, Development Economics, disposable income, dividend policy, dividends, domestic supply, economic conditions, economic growth, economic structure, economic trends, elasticity, electricity, energy efficiency, Energy Price, energy prices, Energy Pricing, energy use, environmental degradation, excess liquidity, expenditure, expenditure assignments, Expenditures, export growth, Export market, export markets, exports, financial innovation, financial management, financial sector, fiscal deficits, Fiscal policy, fixed asset, forecasts, Foreign exchange, fuel, fuel prices, fuels, gas, gasoline, GDP, GDP deflator, growth rate, heavy reliance, income, income distribution, income taxes, inflation, insurance, interest rate, interest rates, international market, inventories, legal framework, legal provisions, liquidity, living standards, local government, local government borrowing, local governments, M1, M2, MACROECONOMIC POLICIES, macroeconomic policy, market economy, market prices, Merchandise, Merchandise exports, merchandise import, migration, monetary policy, natural gas, oil, Oil price, per capita income, per capita incomes, personal income taxes, pollution, price increases, prices of coal, pricing policies, productivity, profitability, public finance, public utilities, raw material, raw materials, Real GDP, real sector, rebates, regulatory framework, retail, retirement, revenue mobilization, sales, savings, savings deposits, securities, social services, surplus, surpluses, tax rebate, tax revenue, tax revenues, Total revenue, transmission of monetary policy, transparency, trough, unemployment, urbanization, value added, velocity of money, wages, world market



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China quarterly update, February 2006 (Chinese). Washington, D.C. : World Bank Group.