China Flashcards
China problems
Growing inequality
Pollution
Rural poverty
Inefficient state sector
Corruption
Solutions
Investment into social services
Pensions
Healthcare, ageing population
China accounts for X% of annual co2 emissions and a X of the worlds greenhouse gas
27%
Third
Average gdp growth per year since 1978
9%
Constraints on growth
Declining labour force growth
Diminishing returns to investment
Slow productivity growth
GDP growth 22 and 23
22-3%
23-5.1%, expected
Investment
Remain robust yet sustained, slower growth in infrastructure and manufacturing investment
How will the country partnership framework (CPF) help China?
Transition to environmentally sustainable growth, low carbon methods
Strengthen CN institutions that are economic and social, improving competition efficiency and sustainability
Reduce inequality, increasing access to health and social services
Life expectancy
78 yrs
Population
1.41 bil
GDP
$17.73 trillion
GDP per capita
$12.5k
Unemployment
4.9%
Inflation
2% (uk could only dream)
Fiscal balance % of gdp
-3.8%