The People's Republic of China : Selected Issues

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

August 12, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper reviews China’s progress along various dimensions of rebalancing. External rebalancing has advanced well, while progress on internal rebalancing has been mixed—substantial on the supply side, moderate on the demand side, and limited on credit dependence. Rebalancing on the environment and inclusiveness has lagged. The high national rate of saving is expected to fall owing to demographic change and a stronger social safety net. The consumption ratio is expected to increase with a rising labor income share and less household saving. Supply-side rebalancing from industry to services is expected to advance further, helping reduce the carbon intensity of output and promote income equality.

Series:

Country Report No. 16/271

Subject:

Notes:

Also available in Chinese

English

Publication Date:

August 12, 2016

ISBN/ISSN:

9781475524383/1934-7685

Stock No:

1CHNEA2016002

Format:

Paper

Pages:

50

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