China | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 6.36 6.5 6.6 6.7 6.8 5 [+]
Stock Market 3160.17 3590 3480 3370 3300 4030 Index points [+]
Government Bond 10Y 3.31 3.52 3.6 3.59 3.62 5 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 10360.10 10527 10655 11472 11690 12040 USD Billion [+]
GDP Growth Rate 1.70 1.2 1.3 1.1 1.2 2 percent [+]
GDP Annual Growth Rate 7.00 6.7 6.6 6.8 6.5 5 percent [+]
Gross National Product 634367.30 678116 692028 702203 712377 942149 CNY HML [+]
GDP per capita 3865.88 4083 4140 4214 4287 5679 USD [+]
Gross Fixed Capital Formation 283017.60 294963 299852 303411 306969 314618 CNY HML [+]
GDP per capita PPP 12608.87 12836 13020 13069 13118 14617 USD [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 4.04 3.96 3.99 3.98 3.98 4.02 percent [+]
Employed Persons 77253.00 77442 77508 77570 77632 78741 Tens of Thousands [+]
Unemployed Persons 952.00 951 950 950 949 951 Thousand [+]
Job Vacancies 5600000.00 5759633 4992293 5373235 5467439 5450109 [+]
Wages 56339.00 59199 59885 60674 61463 63520 CNY/Year [+]
Wages in Manufacturing 51369.00 51510 52898 52686 52473 55889 CNY/Year [+]
Labour Costs 104.50 104 104 104 103 107 Index Points [+]
Population 1367.82 1369 1369 1376 1378 1395 Million [+]
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 2161 2204 2814 CNY/Month [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 1.60 1.59 1.7 1.9 2.2 3.33 percent [+]
Inflation Rate Mom 0.30 0.41 0.37 0.3 0.5 0.3 percent [+]
Consumer Price Index CPI 101.60 102 102 102 102 102 Index Points [+]
Core Inflation Rate 1.70 1.87 1.62 1.67 1.67 1.66 percent [+]
Core Consumer Prices 101.70 102 102 102 102 102 Index Points [+]
GDP Deflator 618.39 632 635 639 643 872 Index Points [+]
Producer Prices 94.60 94.26 94.72 95.58 96.48 97.33 Index Points [+]
Producer Prices Change -5.40 -4.7 -4 -3.07 -1.51 1.45 percent [+]
Export Prices 99.30 100 100 100 101 101 Index Points [+]
Import Prices 88.70 91.51 95.35 98.75 100 97.48 Index Points [+]
Food Inflation 2.70 2.87 3.04 3.13 3.18 3.25 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 4.60 4.6 4.6 4.35 4.35 5 percent [+]
Interbank Rate 3.25 3.15 3 3 3 3.33 percent [+]
Money Supply M0 5901.07 6113 6278 6236 6257 5839 CNY Billion [+]
Money Supply M1 35312.22 34863 35908 35813 36457 35667 CNY Billion [+]
Money Supply M2 135321.09 138811 141889 145521 149690 218732 CNY Billion [+]
Central Bank Balance Sheet 335197.68 334027 332165 331311 330942 331850 CNY Hundred Millions [+]
Foreign Exchange Reserves 3651309.89 3612311 3554408 3507120 3467362 3541909 USD Million [+]
Banks Balance Sheet 1480.00 1170 1015 1002 1054 1052 CNY Billion [+]
Loans to Private Sector 900188.44 909571 920011 940989 959292 1570594 CNY Hundred Million [+]
Loan Growth 14.40 14.78 15.68 10.8 10.5 8.9 percent [+]
Cash Reserve Ratio 17.50 18 18 17 17 15.87 Percent [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 430.25 400 408 413 412 412 USD Hundred Million [+]
Exports 1950.97 1924 1988 1931 1890 2097 USD Hundred Million [+]
Imports 1520.72 1619 1583 1339 1336 2081 USD Hundred Million [+]
Current Account 766.00 895 1321 914 910 1029 USD Hundred Million [+]
Current Account to GDP 2.10 2.47 2.44 2.5 2.57 0.5 percent [+]
External Debt 8955.00 9331 9308 9416 9524 12541 USD Hundred Million [+]
Terms of Trade 111.95 115 112 113 110 113 Index Points [+]
Foreign Direct Investment 766.00 808 1095 327 618 1221 USD Hundred Million [+]
Capital Flows -766.00 296 370 -761 -721 1773 USD HML [+]
Tourist Arrivals 161.50 170 159 171 163 222 Tens of Thousands [+]
Gold Reserves 1677.00 1670 1677 1677 1677 1858 Tonnes [+]
Crude Oil Production 4271.00 4264 4264 4264 4264 4264 BBL/D/1K [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -2.10 -2.7 -2.6 -2.06 -2.06 -2.35 percent of GDP [+]
Government Debt to GDP 41.06 45.16 45.05 49.12 49.49 60.72 percent [+]
Government Budget Value 1517.00 -2485 -6620 -829 -869 -662 CNY HML [+]
Government Spending 151662.00 158504 160097 161346 162594 201266 CNY Hundred Million [+]
Credit Rating 78.82 [+]
Government Revenues 140350.00 149140 150980 153417 155854 189778 CNY Hundred Million [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 49.70 49 48 49 45 51 [+]
Manufacturing PMI 47.30 50.98 50.35 48.73 48.3 52.26 Index Points [+]
Services PMI 51.50 53.96 53.12 53.82 52.88 55.1 Index Points [+]
Industrial Production 6.00 6.31 6.78 6.86 6.63 5.29 percent [+]
Industrial Production Mom 0.32 0.59 0.58 0.59 0.59 0.49 percent [+]
Non Manufacturing PMI 53.40 52.63 53.57 54.14 53.8 51.81 percent [+]
New Orders 49.90 51.51 52.62 53.51 53.87 51.8 Index Points [+]
Changes in Inventories 12004.70 11348 11053 10794 10536 11898 CNY HML [+]
Car Registrations 1268600.00 1364809 1856131 1659292 1342894 2296354 Cars [+]
Car Production 1301300.00 1489720 1521778 1525677 1526075 1526174 [+]
Competitiveness Index 4.89 4.81 4.81 4.79 4.78 4.62 Points [+]
Competitiveness Rank 28.00 29.29 29.29 28.73 28.55 29.65 [+]
Corporate Profits 3317310.00 4007817 5980989 2321253 3275682 76690 CNY Million [+]
Corruption Index 36.00 34.93 33.71 33.69 33.66 31.46 Points [+]
Corruption Rank 100.00 111 112 113 113 99.62 [+]
Ease of Doing Business 90.00 90.97 90.34 90.37 90.41 90.59 [+]
Leading Economic Index 98.71 98.4 98.5 98.42 98.53 98.47 Index Points [+]
Manufacturing Production 6.60 6.84 6.91 6.91 6.91 6.91 percent [+]
Total Vehicle Sales 1503000.00 1745333 2517918 1746145 1746145 2947118 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 104.48 105 106 106 107 109 [+]
Retail Sales MoM 0.79 0.6 0.5 0.8 0.7 0.83 percent [+]
Retail Sales YoY 10.50 10 9 9.5 9 6.48 percent [+]
Consumer Spending 241541.70 245965 251934 252429 253924 292071 CNY HML [+]
Disposable Personal Income 28844.00 30101 30455 30831 31207 37023 CNY [+]
Personal Savings 0.35 0.35 0.35 0.5 0.5 2.35 percent [+]
Bank Lending Rate 4.85 4.82 4.77 4.82 4.88 3.56 percent [+]
Consumer Credit 169929.39 175488 183715 192019 200277 349161 Hundreds CNY Million [+]
Gasoline Prices 0.79 0.78 0.78 0.78 0.78 0.75 USD/Liter [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index -3.70 -1.73 -1.63 3.51 5.19 2.33 percent [+]
Home Ownership Rate 90.00 90 90 90 90 90 Percent [+]
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 percent [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 percent [+]
Sales Tax Rate 17.00 17 17 17 17 17 percent [+]
Social Security Rate 48.00 48 48 48 48 48 percent [+]
Social Security Rate For Companies 37.00 37 37 37 37 37 percent [+]
Social Security Rate For Employees 11.00 11 11 11 11 11 percent [+]



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. 9/3/2015