The Effect Factors and Trends of China's Rapid Economic Growth
Jianwei Li
Abstract
Jianwei Li
Abstract
China's economic growth has recovered since the second quarter of 2009. The internal factor of the recovery is that China's business cycle has stepped into recovering stage,and there is sufficient potential for China to expand domestic demand. The external factor is that Chinese central government has adopted powerful expansionary policies to stimulate domestic demand,and the rapid growth of domestic market covers the demand gap due to sharp drop of export and thus China's GDP growth recovers back to its potential growing speed. The future growth of China's economy depends on the stability of government expending policies as well as the future trends of global economy. It's estimated that China's GDP will reach 9% and CPI will be controlled within 2% in 2010.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
China's economic growth has recovered since the second quarter of 2009. The internal factor of the recovery is that China's business cycle has stepped into recovering stage,and there is sufficient potential for China to expand domestic demand. The external factor is that Chinese central government has adopted powerful expansionary policies to stimulate domestic demand,and the rapid growth of domestic market covers the demand gap due to sharp drop of export and thus China's GDP growth recovers back to its potential growing speed. The future growth of China's economy depends on the stability of government expending policies as well as the future trends of global economy. It's estimated that China's GDP will reach 9% and CPI will be controlled within 2% in 2010.
Key concepts: China, Economics, Chinese economy, Quarter (Canadian coin), Government (linguistics), Real gross domestic product, Domestic market, Business cycle