People’s Republic of China : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

November 5, 2004

Electronic Access:

Free Full text (PDF file size is 824 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2004 Article IV Consultation highlights that China has continued its rapid economic growth and integration into the global economy. Real GDP grew by 9.1 percent in 2003, underpinned by strong fixed investment and exports, which registered growth rates of 20 percent and 29 percent in real terms, respectively. Consumption growth declined somewhat from 2002, reflecting the impact of the SARS epidemic in the second quarter. Significant progress has been made in structural reforms. In the banking sector, restructuring plans are being put in place for the two state banks that were recently recapitalized.

Series:

Country Report No. 04/351

Subject:

Notes:

Also available online in Chinese

English

Publication Date:

November 5, 2004

ISBN/ISSN:

9781451807769/1934-7685

Stock No:

1CHNEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

72

Please address any questions about this title to publications@imf.org