At a Glance - China and the IMF
- Current IMF membership: 190 countries
- China joined the Fund in December 27, 1945; Article VIII (December 1, 1996)
- At a Glance—China and the IMF
- Quota: SDR 9,525,9 million
News and Highlights
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Letter from Vitor Gaspar to WANG Jun on China Tax Administration Reform, June 2021
June 16, 2021
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E-Book: Opening Up and Competitive Neutrality: The International Experience and Insights for China
September 23, 2019
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China’s Monetary Policy Communication: Frameworks, Impact, and Recommendations
IMF Working Paper, November 16, 2018
November 6, 2018
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Money, Transformed: The Future of Currency in A Digital World
Finance and Development Magazine, June 2018
May 30, 2018
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Macroeconomic and Financial Frameworks for the Successful Implementation of the BRI
A Joint People's Bank of China - International Monetary Fund High-level Conference on the Belt and Road Initiative (BRI)
April 4, 2018
IMF's Work on China
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Climate Crossroads Fiscal Policies in a Warming World
October 2, 2023
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Transcript of IMF Press Briefing
September 28, 2023
Transcript of IMF Press Briefing
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Back to the Trend? Global Debt Evolution Before and After the Pandemic
September 6, 2023
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ASEAN Matters: Cooperation for A Stronger and More Resilient Global Economy
September 5, 2023
President Jokowi, it gives me great pleasure to address the ASEAN summit — it is uplifting to be with the leaders from a region with remarkably strong performance at a difficult and uncertain time for the world economy. Let me make three points—on the global outlook, ASEAN’s prospects, and what I see as the key priorities.
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May 25, 2023
Opening Remarks by First Deputy Managing Director Gita Gopinath at the IMF Conference on Geoeconomic Fragmentation, Washington, D.C., May 25, 2023
IMF China Working Papers
2019
China’s Digital Economy: Opportunities and Risks (January 17, 2019)
2018
China’s High Savings: Drivers, Prospects, and Policie s (December 11, 2018)
The Long-Run Trend of Residential Investment in China (December 7, 2018)
China’s Monetary Policy Communication: Frameworks, Impact, and Recommendations (November 16, 2018) - Also Available in Chinese
China’s Rebalancing: Recent Progress, Prospects and Policies (November 12, 2018)
China’s Capacity Reduction Reform and Its Impact on Producer Prices (September 28, 2018)
Inequality in China - Trends, Drivers and Policy Remedies (June 5, 2018)
Intergovernmental Fiscal Reform in China (April 13, 2018)
Credit Booms - Is China Different? (January 4, 2018)
2017
Reassessing the Perimeter of Government Accounts in China (December 8, 2017) – Translated into Chinese for Res. Rep. but not posted on imf.org.
Resolving China's Zombies: Tackling Debt and Raising Productivity (November 27, 2017) – Also Available in Chinese
Assessing China’s Residential Real Estate Market (November 16, 2017)
Real Exchange Rate and External Balance : How Important Are Price Deflators? (March 30, 2017)
Price and Wage Flexibility in Hong Kong SAR (January 20, 2017)
2016
Quantifying the Spillovers from China Rebalancing Using a Multi-Sector Ricardian Trade Model (November 15, 2016)
When China Sneezes Does ASEAN Catch a Cold? (November 10, 2016)
Resolving China’s Corporate Debt Problem (October 14, 2016)
Rebalancing in China—Progress and Prospects (September 6, 2016)
China’s Growing Influence on Asian Financial Markets (August 12, 2016)
Spillovers from China’s Growth Slowdown and Rebalancing to the ASEAN-5 Economies (August 09, 2016)
Chinese Imports : What’s Behind the Slowdown? (May 26, 2016)
China and Asia in Global Trade Slowdown (May 26, 2016)
China's Slowdown and Global Financial Market Volatility: Is World Growth Losing Out? (March 15, 2016)
Private Sector Activity in Hong Kong SAR and the Fed: Transmission Effects through the Currency Board (February 23, 2016)
2015
China’s Labor Market in the “New Normal”, Lam ,Liu , and Schipke (July 13, 2015)
China’s Growth: Can Goldilocks Outgrow Bears? Maliszewski and Zhang (May 27, 2015)
Understanding Residential Real Estate in China, Chivakul, Lam , Liu , Maliszewski , and Schipke (April 28, 2015)
Assessing China’s Corporate Sector Vulnerabilities, Chivakul and Lam (March 30, 2015)
China: How Can Revenue Reforms Contribute to Inclusive and Sustainable Growth? Lam and Wingender (March 24, 2015)
Regional Economic Outlook
May 1, 2023
Despite weakening external demand and monetary tightening, domestic demand has so far remained strong, with China’s reopening providing fresh impetus. IMF Asia and the Pacific remains a dynamic region despite the somber backdrop of what looks to be shaping up as a challenging year for the world economy. Global growth is poised to decelerate as rising interest rates and Russia’s war in Ukraine weigh on activity. Inflation remains stubbornly high, and banking strains in the United States and Europe have injected greater uncertainty into an already complex economic landscape. Asia’s domestic demand has so far remained strong despite monetary tightening, while external appetite for technology products and other exports is weakening. We project the region will contribute around 70 percent of global growth this year as its expansion accelerates to 4.6 percent from 3.8 percent in last year. China’s reopening will provide fresh momentum. Normally the strongest effect would be from demand for investment goods in China, but this time the biggest effect is from demand for consumption. Other emerging economies in the region are on track to enjoy solid growth, though in some cases at slightly lower rates than seen last year.Read the Report