A prospect of China's macro-economy situation in 2011
HU Xin-zhi
Abstract
HU Xin-zhi
Abstract
The global economy in post financial crisis era will feature as slower growth, economic rebalancing,economic reconstruction and governance mechanism reform.China's macro-economy in 2011 will be complex and uncertain,and will show a co-existence of slower economic growth and more intense inflation.As the first year of Twelfth Five Year Plan,and new beginning of China's economic transformation,there will be more opportunities than challenges in 2011.China's economy will foster new growth areas with structural adjustment and transformation of development mode as background.China's economy in 2011 will succeed 2010's recovery momentum,consumption is expected to accelerate,the main force of investment will be transferred but speed will be still powerful,and the trade will be more balanced.Macro-economy and economic operation will return to normal gradually.
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The global economy in post financial crisis era will feature as slower growth, economic rebalancing,economic reconstruction and governance mechanism reform.China's macro-economy in 2011 will be complex and uncertain,and will show a co-existence of slower economic growth and more intense inflation.As the first year of Twelfth Five Year Plan,and new beginning of China's economic transformation,there will be more opportunities than challenges in 2011.China's economy will foster new growth areas with structural adjustment and transformation of development mode as background.China's economy in 2011 will succeed 2010's recovery momentum,consumption is expected to accelerate,the main force of investment will be transferred but speed will be still powerful,and the trade will be more balanced.Macro-economy and economic operation will return to normal gradually.
Key concepts: China, Economics, Inflation (cosmology), Macro, Investment (military), Consumption (sociology), Chinese economy, Financial crisis