The Future of China's Economy in Global Recession
Jianjun Zhang
Abstract
Jianjun Zhang
Abstract
If the global economy can go back to the steady growth track by 2010,China's economy is likely to go the development trend of outshine completely.Otherwise,China's economy may be facing a long-term adjustmentof the development trend.In 2009,China's economy will be a strong investment-led,consumption will gradually warmer,the downward trend in exports will depends on the recession of the world's major economy countries entirely,the industrial structure will be a relatively large adjustment,the unemployment situation will further aggravate,if China's capital market can to remain stable in 2009,the economy growth rate of China's economy will likely remain at the level of 6%-8%.
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If the global economy can go back to the steady growth track by 2010,China's economy is likely to go the development trend of outshine completely.Otherwise,China's economy may be facing a long-term adjustmentof the development trend.In 2009,China's economy will be a strong investment-led,consumption will gradually warmer,the downward trend in exports will depends on the recession of the world's major economy countries entirely,the industrial structure will be a relatively large adjustment,the unemployment situation will further aggravate,if China's capital market can to remain stable in 2009,the economy growth rate of China's economy will likely remain at the level of 6%-8%.
Key concepts: Economics, China, Recession, Chinese economy, World economy, Consumption (sociology), Global recession, Post-industrial economy