China | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 6.25 6.33 6.46 4.5 3 5.54 [+]
Government Bond 10Y 3.38 3.4 3.2 5 5 4 [+]
Stock Market 3298.35 3000 2900 3000 75000 2651 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 9240.27 10183 10354 12040 16333 21702 [+]
GDP Growth Rate 1.50 1.4 1.37 1.91 1.55 1.8 [+]
GDP Annual Growth Rate 7.30 7.45 7.52 5 3 7.33 [+]
Gross National Product 566130.20 646252 657127 864553 1120886 1367962 [+]
GDP per capita 3583.38 3880 3939 5195 7301 10904 [+]
Gross Fixed Capital Formation 269075.40 309708 316417 465871 704858 1112527 [+]
GDP per capita PPP 11524.57 12477 12665 16665 23252 34146 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 4.10 4.13 4.14 4.09 4.1 4.1 [+]
Employed Persons 77253.00 77296 77372 78806 81409 86614 [+]
Unemployed Persons 952.00 959 965 991 1201 1401 [+]
Job Vacancies 4940000.00 4771173 5010621 5083185 5652211 5631638 [+]
Wages 52388.00 58211 59418 83972 123168 183894 [+]
Wages in Manufacturing 46431.00 52334 53498 77786 116049 174176 [+]
Labour Costs 105.90 106 106 103 102 102 [+]
Population 1360.72 1366 1367 1395 1410 1576 [+]
Retirement Age Women 50.00 50 50 55 55 57 [+]
Retirement Age Men 60.00 60 60 63 65 60 [+]
Minimum Wages 1850.00 2063 2121 3314 4412 3522 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 0.80 0.7 0.9 2.33 2.23 3.24 [+]
Inflation Rate Mom 0.30 -0.96 -1.24 0.25 0.5 0.75 [+]
Consumer Price Index CPI 100.80 100 99.83 99.05 99.05 99.05 [+]
Core Inflation Rate 1.20 1.17 1.09 1.21 1.21 1.21 [+]
Core Consumer Prices 101.18 101 101 101 101 101 [+]
GDP Deflator 618.39 655 658 872 943 1007 [+]
Producer Prices 95.68 94.97 95.56 101 101 101 [+]
Producer Prices Change -4.30 -3.33 -3.69 0.24 0.19 0.44 [+]
Export Prices 100.20 100 100 99.59 99.59 99.59 [+]
Import Prices 90.60 89.95 92.97 100 100 100 [+]
Food Inflation 1.10 1.94 1.85 2.51 2.49 2.49 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 5.60 5.65 5.65 5.7 5.9 6.35 [+]
Interbank Rate 4.90 4.84 4.89 4.92 4.51 3.68 [+]
Money Supply M0 6300.00 6105 5801 5862 5873 5890 [+]
Money Supply M1 34810.00 34516 35813 39154 39169 38917 [+]
Money Supply M2 124270.00 127510 130238 195432 302151 474902 [+]
Central Bank Balance Sheet 338248.79 344512 349107 431486 521247 589503 [+]
Foreign Exchange Reserves 3843017.94 3889710 3868911 3541909 3442842 3342842 [+]
Banks Balance Sheet 1470.00 981 914 875 875 875 [+]
Loans to Private Sector 834704.48 858226 897046 1557837 2191741 2576162 [+]
Loan Growth 13.70 12.98 13.06 8.9 5.96 6.96 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade 600.30 578 711 1173 1170 724 [+]
Exports 1963.62 2179 2274 3523 4023 4523 [+]
Imports 1376.12 1601 1563 2350 2853 3800 [+]
Current Account 611.00 793 684 762 759 759 [+]
Current Account to GDP 2.00 1.73 1.72 0.5 -0.5 0.5 [+]
External Debt 8631.67 10011 10249 13401 14826 15063 [+]
Terms of Trade 110.60 106 107 107 107 107 [+]
Foreign Direct Investment 1392.00 717 446 743 743 743 [+]
Capital Flows -912.00 -813 -720 1773 2773 2373 [+]
Tourist Arrivals 186.90 188 181 222 269 396 [+]
Gold Reserves 1054.09 1054 1054 1054 1054 1054 [+]
Crude Oil Production 4225.00 4228 4220 4183 4117 4175 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -2.10 -2.47 -2.51 -2.68 -2.68 -2.68 [+]
Government Debt to GDP 22.40 25.52 25.32 30.72 32.72 35.72 [+]
Government Budget Value -14599.01 -3336 -3451 -8280 -8279 -8279 [+]
Government Spending 79978.10 94721 96788 139915 207862 311099 [+]
Credit Rating 78.82 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 119.00 119 121 119 119 119 [+]
Manufacturing PMI 49.80 50.05 49.95 52.26 53.96 52.96 [+]
Services PMI 51.80 54 53.47 55.1 54.3 53.1 [+]
Industrial Production 7.90 7.43 6.91 5.29 4.29 3.29 [+]
Industrial Production Mom 0.75 0.7 0.64 0.61 0.61 0.61 [+]
Non Manufacturing PMI 53.70 53.88 52.67 51.81 53.51 53.6 [+]
New Orders 50.20 54.93 50.74 51.33 51.32 51.32 [+]
Changes in Inventories 11280.70 11462 11472 11501 11501 11501 [+]
Car Registrations 2038000.00 1975532 1906304 2196415 2196625 2196625 [+]
Corporate Profits 72234.00 72992 72409 76690 85690 100690 [+]
Leading Economic Index 98.77 98.72 98.97 98.87 98.87 98.87 [+]
Manufacturing Production 8.90 [+]
Total Vehicle Sales 2319600.00 1892129 1956492 1947118 1927714 1887133 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 105.70 106 106 109 116 113 [+]
Retail Sales MoM 1.01 0.89 0.81 0.8 0.8 0.8 [+]
Retail Sales YoY 11.90 10.11 9.82 8.48 7.46 6.85 [+]
Consumer Spending 212187.50 249228 254401 361179 524566 759411 [+]
Disposable Personal Income 28844.00 29314 29781 39318 53524 72926 [+]
Personal Savings 0.35 0.35 0.35 2.35 3.35 3.55 [+]
Bank Lending Rate 5.60 5.57 5.49 3.56 3.24 2.54 [+]
Consumer Credit 153659.68 159945 166066 291281 465561 675207 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index -5.10 -5.38 -5.9 2.33 3.21 2.83 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 25.00 24.99 24.99 24.98 24.98 24.98 [+]
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 [+]