Yu Yongding Former President, China Society of World Economics
Apr 30 , 2019
After a disappointing performance in 2018, China’s economy appears to be stabilizing. In the first quarter of 2019, GDP growth, at 6.4% year-on-year, matched that of the previous quarter. But growth in industrial production exceeded expectations, expanding by 6.5% year on year (and by 8.5% in March). Even exports growth was positive, albeit weak, despite the ongoing trade war with the United States.
Apr 29 , 2019
Recovery is still fragile as small business sentiment is mixed and global economy proving headwind.
Apr 17 , 2019
China’s economy grew at a steady 6.4 percent pace in the first quarter.
Shang-Jin Wei Professor, Finance and Economics at Columbia University
Apr 08 , 2019
China is about to slash the employer contribution rate to the social-security fund from 18-20% (with some variation across regions) to 16%, and cut the value-added tax (VAT) rate from 16% to 13% (for most enterprises). This is on top of a previously announced reduction in the corporate income tax charged on the first CN¥3 million ($447,000) of taxable income.
Zhong Wei Professor, Beijing Normal University
Apr 02 , 2019
China’s 2019 government work report lays out the country’s economic policies to sustain growth and avoid the “middle income trap” that Premier Le Keqiang has warned of. In taking steps next year to realize the “Chinese dream,” three battles will be tough but key: defusing financial risks, effecting targeted poverty alleviation, and achieving pollution control.
Apr 02 , 2019
Indexes of factory activity suggest an uneven global growth outlook.
Apr 01 , 2019
Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world’s second largest economy.
Mar 25 , 2019
China’s top officials pledged to lower tariffs and expedite debt sales in 2019 as they seek to manage an economic slowdown while tackling the trade standoff with the U.S.
He Weiwen Senior Fellow, Chongyang Institute for Financial Studies
Mar 21 , 2019
Premier Li Keqiang’s Government Work Report provides a concrete sign of China’s renewed support for the private economy, especially small and micro businesses.
Mar 14 , 2019
A key economic index fell to a 17-year low, a likely trigger of more government support measures.