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People's Republic of China: 2011 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 192
Language:
English
Publication Date:
18 Aug 2011
DOI:
https://doi.org/10.5089/9781462342587.002
ISBN:
9781462342587
ISSN:
1934-7685
Pages:
83
Keywords:
ISCR; CR; June outturn; LG debt; local government financing vehicles; household income; price; staff forecast; staff appraisal; Exchange rates; Income; Consumption; Real interest rates; Global; Asia and Pacific
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund