People's Republic of China: Staff Report for the 2012 Article IV Consultation
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Summary:
China’s economy has been moderate in 2012, with a GDP growth of about 8 percent. Macroeconomic policies helped to maintain sustainable growth and continued to be adjusted in line with evolving conditions. The 2012 fiscal stance balanced the past stimulus with the growing economy. The authorities have taken necessary steps to accelerate the implementation of approved projects. Directors encouraged the authorities to accelerate the transformation of China’s economy as conceived under the 12th Five-Year Plan.
Series:
Country Report No. 2012/195
Subject:
Balance of payments Banking Consumption Current account surpluses External debt Labor National accounts Public debt Real effective exchange rates
Notes:
English
Publication Date:
July 24, 2012
ISBN/ISSN:
9781475505467/1934-7685
Stock No:
1CHNEA2012006
Pages:
75
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