China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014
This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the g...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-592832023-11-11T06:35:19Z China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014 Xiamen da xue. Center for Macroeconomic Research. Macroeconomics China Economic conditions -- 2000 Business This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop. 2015-12-03T07:00:13Z 2015-12-03T07:00:13Z 2015 Book 978-3-662-45865-5 978-3-662-45864-8 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59283 en application/pdf Springer |
institution |
Thư viện Trường Đại học Đà Lạt |
collection |
Thư viện số |
language |
English |
topic |
Macroeconomics China Economic conditions -- 2000 Business |
spellingShingle |
Macroeconomics China Economic conditions -- 2000 Business Xiamen da xue. Center for Macroeconomic Research. China’s Macroeconomic Outlook: Quarterly Forecast and Analysis Report, February 2014 |
description |
This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments’ debts have accumulated, which increases the risk of debt default and threatens the stability of China’s financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop. |
format |
Book |
author |
Xiamen da xue. Center for Macroeconomic Research. |
author_facet |
Xiamen da xue. Center for Macroeconomic Research. |
author_sort |
Xiamen da xue. Center for Macroeconomic Research. |
title |
China’s Macroeconomic Outlook:
Quarterly Forecast and Analysis Report, February 2014 |
title_short |
China’s Macroeconomic Outlook:
Quarterly Forecast and Analysis Report, February 2014 |
title_full |
China’s Macroeconomic Outlook:
Quarterly Forecast and Analysis Report, February 2014 |
title_fullStr |
China’s Macroeconomic Outlook:
Quarterly Forecast and Analysis Report, February 2014 |
title_full_unstemmed |
China’s Macroeconomic Outlook:
Quarterly Forecast and Analysis Report, February 2014 |
title_sort |
china’s macroeconomic outlook:
quarterly forecast and analysis report, february 2014 |
publisher |
Springer |
publishDate |
2015 |
url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59283 |
_version_ |
1819831708299558912 |