Cover IMF Staff Country Reports
People’s Republic of China: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China
Author:
International Monetary Fund. Asia and Pacific Dept
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 006
Language:
Chinese
Publication Date:
08 Jan 2021
DOI:
https://doi.org/10.5089/9781513566344.002
ISBN:
9781513566344
ISSN:
2790-5101
Pages:
125
Keywords:
ISCR; CR; government-managed funds; core inflation; financial support; interest rate; micro enterprise; zombie firm
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The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the economy rebound. However, growth is still unbalanced as the recovery has relied heavily on public support while private consumption is lagging. Rising financial vulnerabilities and the increasingly challenging external environment pose risks to the outlook. Important reforms have progressed despite the crisis, but unevenly across key areas.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2021: Issue 006