select : China
called “the world’s factory”, China is the world’s largest manufacturing
economy and exporter of goods. China is also the world’s fastest-growing
consumer market and second-largest importer of goods. as a country established.
As a country which most of its financial institutions are stated owned and
governed, the chief instruments of financial and fiscal control are the People’s
bank of China(PBC) and the Ministry of Finance, both under the authority of the
GDP growth:China’s economy
grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official
data, marking its slowest growth since 1990. The
figure is in line with Beijing’s growth target of between 6.5% and 7%. Although
China’s economy picked up slightly in the last three months of 2016, the
rebound is not expected to continue, according to the Economist Intelligence
Unit (EIU), which is predicting growth of 6.2% this year.
Inflation rate increases 1.4% in the
Chinese investment has always been highly cyclical.87 Ever since the 1958 Great Leap Forward, growth in fixed capital
formation has typically peaked about every five years. Recent peaks occurred in
1978, 1984, 1988, 1993, 2003 and 2009. The corresponding troughs were in 1981,
1986, 1989, 1997 and 2005.
Two largest trading partner: USA and