People's Republic of China : 2011 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2011/192

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic indicators--China.

Economic indicators.

China--Economic conditions.

China.

China--Economic policy.

Physical Description:

1 online resource (84 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2011.

Language Note:

English

Summary:

In this study, China’s economic developments and policies are discussed. Economic growth has been increased by expanding infrastructure and real estate construction. The policy measures outlined in the twelfth five-year plan and implementation of financial reform are important for China’s balanced global growth. The price-based tools of monetary policy, improvement over monetary policy framework, and interest rate structure are encouraged. The financial sector assessment program and the importance of well-sequenced financial liberalization and reforms, which are part of China’s rebalancing strategy, are ascribed.

Contents:

COVER; CONTENTS; FIGURES; 1. Toward Strong and Sustained Growth; THE NEAR-TERM POLICY CHALLENGES; A. Overheating and Inflation; BOXES; 1. Highlights From China's 12th Five-Year Plan; 2. Prospects for China's Inflation; B. Property Bubbles; 3. Is There a Property Bubble in China?; C. Credit and Banking Risks; D. Near-Term Macroeconomic Policies; E. Cross-Border Renminbi; 2. The Links Between Onshore and Offshore Renminbi Markets; IS CHINA REBALANCING?; A. Social Safety Net; B. Input Costs; C. The Role of the Exchange Rate; 3. Are Factor Costs Too Low in China?

4. Prospects for the Current Account4. How is the Current Account Shaping Up?; FINANCIAL LIBERALIZATION AND REFORM; A. Motivation; B. A Proposed Roadmap for Reform; 5. Recent Achievements In Financial Sector Reform; C. The Authorities' Views; 6. Key Financial Stability Reforms; 7. Key Reforms to Deepen Financial Intermediation; 8. Financial Liberalization and Reform: Lessons From International Experience; A TRANSFORMED GROWTH MODEL; 9. Interest Rate Liberalization and Household Saving Behavior; 10. Corporate Investment, Savings, and Financial Reform; SPILLOVERS TO THE GLOBAL ECONOMY

STAFF APPRAISALTABLES; 1. Selected Economic Indicators; 2. Balance of Payments; 3. Indicators of External Vulnerability; 4. Monetary Developments; 5. General Government Budgetary Operations; 6. Illustrative Medium-Term Scenario; 7. Public Sector Debt Sustainability Framework; CONTENTS; I. FUND RELATIONS; II. WORLD BANK-IMF COLLABORATION; III. RELATIONS WITH THE ASIAN DEVELOPMENT BANK; IV. STATISTICAL ISSUES; V. TECHNICAL ASSISTANCE

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed September 25, 2014).

ISBN:

9786613868244

9781462346615

1462346618

9781463900007

1463900007

9781283555791

1283555794

9781463900069

1463900066