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People's Republic of China
GDP growth is expected to rise to 8.2% in 2013—after a 13-year low of 7.8% in 2012—as stimulus boosts domestic demand. Key risks include spillover from the eurozone crisis and increasing domestic financial vulnerabilities. Fiscal reform to achieve sustainable and inclusive growth is the most crucial policy challenge.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: National Bureau of Statistics; CEIC database.
Source: National Bureau of Statistics; CEIC database.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 129.4 (Feb13) | 129.6 | 128.0 | |
| Merchandise Export Growth 2 | 19.8 (Feb13) | 13.4 | 9.3 | |
| Composite Stock Price Index 3 | 86.1 (Mar13) | 89.1 | 89.3 | |
| Growth of Broad Money 4 | 15.7 (Mar13) | 15.2 | 18.1 | |
| Headline Inflation Rate 5 | 2.0 (Jan13) | 2.5 | 4.5 | |
| Industrial/Manufacturing Production Growth Rate 5 | 10.3 (Dec12) | 10.1 | 12.8 | |
| Claims on the Private Sector 5 | 17.2 (Feb13) | 18.1 | 16.6 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; General Administration of Customs; CEIC database; The People's Bank of China; National Bureau of Statistics; IMF International Financial Statistics Online. | ||||
