China | Economic Forecasts | 2015-2050 Outlook


Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 6.21 6.21 6.21 6.21 6.21 5.5 [+]
Government Bond 10Y 3.47 3.53 3.6 3.38 3.38 5 [+]
Stock Market 3663.00 3500 3250 3000 3500 5000 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 10360.10 10527 10655 11472 11690 12040 [+]
GDP Growth Rate 1.70 1.2 1.3 1.1 1.2 2 [+]
GDP Annual Growth Rate 7.00 6.7 6.6 6.61 6.6 5 [+]
Gross National Product 634367.30 678116 692028 702203 712377 942149 [+]
GDP per capita 3865.88 3798 3870 3948 4026 5604 [+]
Gross Fixed Capital Formation 283017.60 294963 299852 303411 306969 314618 [+]
GDP per capita PPP 12608.87 12836 13020 13069 13118 14617 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 4.04 4.04 4.08 4.08 4.07 4.08 [+]
Employed Persons 77253.00 77442 77508 77570 77632 79515 [+]
Unemployed Persons 952.00 948 947 946 946 952 [+]
Job Vacancies 5600000.00 5401316 4669590 5063860 5005174 5049806 [+]
Wages 56339.00 59199 59885 60674 61463 63520 [+]
Wages in Manufacturing 51369.00 51510 52898 52686 52473 55889 [+]
Labour Costs 104.50 104 104 104 103 107 [+]
Population 1367.82 1369 1369 1376 1378 1395 [+]
Retirement Age Women 50.00 50 50 50 50 53 [+]
Retirement Age Men 60.00 60 60 60 60 62 [+]
Minimum Wages 2020.00 2020 2020 2160 2203 2814 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 1.40 1.6 1.7 2.13 2.35 2.33 [+]
Inflation Rate Mom 0.00 0.4 0.41 0.3 0.12 0.3 [+]
Consumer Price Index CPI 101.40 101 101 101 101 101 [+]
Core Inflation Rate 1.70 1.51 1.49 1.5 1.49 1.5 [+]
Core Consumer Prices 101.70 102 102 102 102 102 [+]
GDP Deflator 618.39 632 635 639 643 872 [+]
Producer Prices 95.20 96.81 98.36 99.79 101 102 [+]
Producer Prices Change -4.80 -3.7 -3 -0.3 0.68 1.51 [+]
Export Prices 97.70 97.83 97.06 97.01 96.88 96.87 [+]
Import Prices 87.20 96.88 101 103 103 99.91 [+]
Food Inflation 1.90 1.21 1.07 0.99 0.94 0.89 [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 4.85 4.85 4.6 4.6 4.6 5 [+]
Interbank Rate 3.31 3.15 3 3.42 3.44 3.44 [+]
Money Supply M0 5860.43 6141 6119 6117 6109 5996 [+]
Money Supply M1 35608.29 34117 34116 34133 34119 33748 [+]
Money Supply M2 133337.54 134706 137795 141262 144648 203079 [+]
Central Bank Balance Sheet 337075.83 346634 349619 352744 355821 403046 [+]
Foreign Exchange Reserves 3690000.00 3575252 3516222 3466490 3424130 3541909 [+]
Banks Balance Sheet 1280.00 735 866 896 847 851 [+]
Loans to Private Sector 885445.16 909186 936474 963698 990858 1468907 [+]
Loan Growth 12.50 12.18 11.7 11.78 11.79 8.9 [+]
Cash Reserve Ratio 18.50 18 18 17 17 16.25 [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 465.36 411 414 422 421 421 [+]
Exports 1920.11 1801 1731 1778 1733 1739 [+]
Imports 1454.76 1328 1337 1335 1331 1275 [+]
Current Account 789.00 847 955 975 918 904 [+]
Current Account to GDP 2.10 2.48 2.45 2.51 2.57 0.5 [+]
External Debt 8955.00 9331 9308 9416 9524 12541 [+]
Terms of Trade 112.04 100 96.77 96.35 97.95 111 [+]
Foreign Direct Investment 684.10 834 587 539 700 1221 [+]
Capital Flows -789.00 296 370 163 186 1773 [+]
Tourist Arrivals 162.50 179 166 182 175 222 [+]
Gold Reserves 1658.10 1054 1054 1054 1054 1054 [+]
Crude Oil Production 4254.00 4247 4247 4247 4247 4247 [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -2.10 -2.7 -2.6 -2.07 -2.06 -2.35 [+]
Government Debt to GDP 22.40 25.16 25.05 19.12 19.49 30.72 [+]
Government Budget Value -3479.00 -1676 -5869 -617 -661 -621 [+]
Government Spending 151662.00 158504 160097 161346 162594 201266 [+]
Credit Rating 78.82 [+]
Government Revenues 140350.00 149140 150980 153417 155854 189778 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 120.60 119 118 121 121 120 [+]
Manufacturing PMI 50.20 50.98 50.35 50.15 50.15 52.26 [+]
Services PMI 51.80 53.96 52.45 54.16 53.13 55.1 [+]
Industrial Production 6.80 6.12 6.57 6.65 6.1 5.29 [+]
Industrial Production Mom 0.64 0.54 0.57 0.58 0.6 0.47 [+]
Non Manufacturing PMI 53.80 52.63 53.41 53.95 53.48 51.81 [+]
New Orders 50.10 52.67 53.53 53.96 54.19 50.18 [+]
Changes in Inventories 12004.70 11348 11053 10794 10536 11898 [+]
Car Registrations 1511400.00 1759416 1707566 1694449 1674658 2296354 [+]
Car Production 1587400.00 [+]
Competitiveness Index 4.89 4.81 4.81 4.79 4.78 4.62 [+]
Competitiveness Rank 28.00 30.11 30.11 30.11 30.11 29.65 [+]
Corporate Profits 2844180.00 4007817 5980989 2383551 3230956 76690 [+]
Corruption Index 36.00 34.93 33.72 33.69 33.67 31.47 [+]
Corruption Rank 100.00 111 112 113 113 99.62 [+]
Ease of Doing Business 90.00 90.98 90.34 90.38 90.41 90.59 [+]
Leading Economic Index 98.97 98.33 98.42 98.34 98.37 98.37 [+]
Manufacturing Production 7.70 6.65 6.65 6.65 6.65 6.65 [+]
Total Vehicle Sales 1803100.00 1992377 2517918 1992378 1992378 2947118 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 109.90 108 108 108 108 109 [+]
Retail Sales MoM 0.96 0.6 0.5 0.8 0.7 0.84 [+]
Retail Sales YoY 10.60 10 9 9.5 9 6.48 [+]
Consumer Spending 241541.70 245965 251934 252429 253924 292071 [+]
Disposable Personal Income 28844.00 30101 30455 30831 31207 37023 [+]
Personal Savings 0.35 0.35 0.35 0.5 0.5 2.35 [+]
Bank Lending Rate 4.85 5.05 5.05 5.1 5.17 3.56 [+]
Consumer Credit 167176.44 170979 176255 181746 187237 286382 [+]
Gasoline Prices 0.87 1.56 1.75 1.89 2 1.81 [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index -4.90 -1.73 -1.63 -3.38 -3.1 2.33 [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 25.00 25.48 25.48 25.48 25.48 25 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 [+]
Sales Tax Rate 17.00 17 17 17 17 17 [+]
Social Security Rate 48.00 48 48 48 48 48 [+]
Social Security Rate For Companies 37.00 37 37 37 37 37 [+]
Social Security Rate For Employees 11.00 11 11 11 11 11 [+]



Economic Forecasts for China including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the China economy. 7/28/2015