Analysis of and Projections for China’s Economic Situation, 2009–2010

China's economy started to stabilise and recover in a relatively short time in 2009, with a forecast annual economic growth rate exceeding 8 percent. Economic development faces a series of new issues, and macro-economic control faces a new, rigorous test. Against a background in which the world's advanced economies continue to fluctuate, the forces driving China's economic growth switch from the government to the market, and economic growth sees improved continuity and stability, China's economy will hopefully grow at a gentle rate with relatively low inflation in 2010. Fostering market forces requires an overall consideration of issues such as adjustments to the economic, industrial and product structures, improvements to corporate survival and development capacities, an upgrading of the consumption structure and the acceleration of urbanisation in order to address the profound changes in the Chinese economy's internal and external environments. Keywords:China; economic growth; urbanisation