China : Regaining Growth Momentum after the Pandemic

• Autore: Song Ligang
• Pubblicazione: Canberra : , : ANU Press, , 2024; ©2024
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (0 pages)
• Soggetto geografico: China Economic conditions 2000-; China Economic policy
• Altri autori: ZhouYixiao
• Nota di contenuto: Intro -- List of contributors -- Acknowledgements -- Abbreviations -- Figures and map -- Figure 1.1 China's real GDP growth and predicted growth rate by the CEIC leading indicator -- Figure 1.2 Consumer price index, producer price index and Purchasing Managers' Index for China -- Figure 1.3 Unemployment rate (per cent) -- Figure 1.4 Residential property prices: Tier 1 versus Tier 2 versus Tier 3 cities (month-over-month growth rate) -- Figure 1.5 Growth rate of total social financing (year-on-year, per cent) -- Figure 1.6 China news-based economic policy uncertainty -- Figure 1.7 Change in government expenditure (year-on-year, per cent) -- Figure 1.8 Change in fiscal revenue (per cent) -- Figure 1.9 Government leverage: Local and central -- Figure 1.10 China's current account surpluses -- Figure 1.11 Change in exports, by country -- Figure 1.12 China's demographic tendency -- Figure 1.13a Working-age (15-65 years) population (billion persons) -- Figure 1.13b Return on assets in China, 2017-22 -- Figure 1.14 Total factor productivity of major economies -- Figure 1.15 Robot stock in major economies -- Figure 2.1 Consumption leading the post-Covid recovery -- Figure 2.2 Taking the profits home -- Figure 2.3 The great rotation -- Figure 2.4 Deep in debt, but less than it appears for corporations -- Figure 2.5 Total government revenues in decline -- Figure 2.6 More trade tensions to come -- Map 3.1 Eastern, central and western provinces of China -- Figure 4.1 Headline deficits versus projected real deficits in the general budget -- Figure 4.2 Annual quotas of general and special purpose bonds for local governments -- Figure 4.3 Trends in general budget revenues and expenditures -- Figure 4.4 The local government funding gap -- Figure 4.5 Gap-filling transfers from other budgets -- Figure 4.6 Transfers as a share of central government revenues*. ; Figure 4.7 The rise and fall of revenues and expenditures in the GFB -- Figure 4.8 Trends in the SSF budget -- Figure 4.9 Fiscal subsidies to the SSF as share of general budget expenditures -- Figure 4.10 The growth of government debt -- Figure 5.1 Core elements of the adaptive efficiency framework -- Figure 5.2 Overall NERI Index of Marketisation -- Figure 6.1 Nationwide changes in the overall Business Environment Index, 2006-22 -- Figure 7.1 Structure of the OSOME -- Figure 7.2 Revenue and net profit margins of Chinese MSEs -- Figure 7.3 Confidence indices of MSEs by quarter -- Figure 7.4 Reasons for UIBOs staying unregistered -- Figure 7.5a Operating income recovery of IBOs relative to 2019 -- Figure 7.5b Operating income of IBOs year-on-year -- Figure 7.5c Number of months cash flow can last -- Figure 7.6 Proportion of business closures -- Figure 7.7a Proportion of IBOs reporting market demand as main source of pressure -- Figure 7.7b Proportion of IBOs reporting cost as main source of pressure -- Figure 7.8a The proportion of groups reporting variable costs as a source of pressure (for example, raw materials) -- Figure 7.8b The proportion of groups reporting fixed costs as a source of pressure (for example, rent) -- Figure 7.9 Percentage change in household consumption: Unregistered individuals fall more than registered individuals -- Figure 7.10 Proportion of different expectations of IBOs for business revenue in the subsequent quarter -- Figure 7.11a The proportion of groups reporting policy uncertainty pressure -- Figure 7.11b The proportion of groups reporting being a policy beneficiary -- Figure 7.12 Educational distribution of China's flexible employment population -- Figure 8.1 China's new residential property prices, 2011-19 (per cent) -- Figure 8.2 Total fertility rate, 2010-20. ; Figure 8.3 Housing prices from CREIS, CRIC and their average, 2010-19 -- Figure 8.4 Sample cities' housing prices, 2019 -- Figure 8.5 Sample cities' housing price trends, 2010-19 -- Figure 8.6 Affordable housing area under the residual income approach, 2010-19 -- Figure 8.7 Comparison between the residual income approach and the price-to-income approach -- Figure 8.8 Chinese bank lending interest rates -- Figure 8.9 KLS and IV coefficient estimates and confidence intervals for housing affordability -- Figure 8.10 p-value for KLS exclusion restriction test -- Figure 8.11 The trend of affordable housing area, excluding consumption expenditure -- Figure A9.1 Placebo test -- Figure 11.1 Analytical framework of the BRI policy system -- Figure 11.2 Distribution of BRI policy documents -- Figure 11.3 Promulgation form of the BRI policy documents -- Figure 11.4 The framework of the BRI policy system in Vision and Actions 2015 -- Figure 11.5 The framework of the BRI policy system in Vision and Actions 2023 -- Figure 12.1 African agricultural exports to China (US billion, constant price) -- Figure 12.2 Exports of agricultural commodities from Africa to China, 2016 (US million) -- Figure 12.3 Value added of Africa-China agricultural exports, 1992-2021 (US billion, constant prices) -- Figure 12.4 Value-added proportion of Africa-China agricultural exports (per cent) -- Figure 12.5 Real gross output value of African agricultural production, 1991-2016 -- Figure 12.6 Impact of Chinese demand on African agricultural exports and value added to exports -- Figure 12.7 Change in value added of African agricultural exports to China and its composition -- Figure 12.8 Various determinants: Composition and degrading effect -- Tables -- Table 2.1 China: Government targets and outcomes, 2021-24 -- Table 2.2 Government priorities from the Government Work Report, 2022-24. ; Table 2.3 Household income and savings, 2019 (percentage of GDP) -- Table 3.1 Variable descriptions -- Table 3.2 Results of the estimation of the stochastic frontier growth model -- Table 3.3 Results of the estimates of provincial GDP growth efficiency -- Table 3.4 Results of the estimation of the regional stochastic frontier growth model -- Table 3.5 Results of the estimates of western provinces' GDP growth efficiency -- Table 3.6 Results of the estimates of central provinces' GDP growth efficiency -- Table 3.7 Results of the estimates of eastern provinces' GDP growth efficiency -- Table 4.1 General budget deficits, headline deficits and inter-budget transfers (RMB billion) -- Table 4.2 General budget expenditures, main categories (percentage of GDP) -- Table 4.3 The four government budgets (percentage of GDP) -- Table 5.1 Proxy measures for the core elements of the adaptive efficiency framework -- Table 5.2 Descriptive statistics -- Table 5.3 Pooled mean group regression results -- Table A5.1 The five fields and 24 basic indicators of the NERI Index of Marketisation -- Table 6.1 Overall scores and changes in BEICP in each province, 2006-22 (points) -- Table 6.2 Overall rankings and changes of BEICP across provinces in China, 2006-22 -- Table 6.3 Nationwide changes in the Business Environment Index across eight aspects in China -- Table 6.4 Proportion of enterprise sales revenue used for social security contributions (per cent) -- Table 6.5 Operational status of sample enterprises during the survey period (single choice) -- Table 6.6 Reasons for operational challenges faced by enterprises (multiple choice) -- Table 6.7 Specific impact of the pandemic and related prevention measures on enterprises during the survey period -- Table 6.8 Changes in business environment of SOEs and NSOEs, 2012-22. ; Table 6.9 Comparison of business environment between SOEs and NSOEs, by aspect, 2022 -- Table 6.10 Changes in business environment for enterprises of different size, 2012-22 -- Table 6.11 Business Environment Index scores for enterprises of different size, 2022 -- Table A6.1 Composition of provincial Business Environment Index, 2022 -- Table 7.1 Flexibility of UIBOs: Employment characteristics -- Table 7.2 Flexibility of UIBOs: Market entry -- Table 8.1a Summary statistics of covariates at the city level: Analysis of total fertility rate -- Table 8.1b Summary statistics of covariates at the city level: Analysis of total fertility rate (continuous) -- Table 8.2 Comparison of affordable residential area for households, by city -- Table 8.3 Housing affordability and total fertility rate: OLS and fixed-effects approach -- Table 8.4 Housing affordability and total fertility rate: IV estimates -- Table 8.5 Relaxation of the instrument independent of the error term -- Table 8.6 Relaxation of the exclusion restriction -- Table 8.7 No consumption expenditure -- Table 8.8 Housing price-to-income ratio and total fertility rate -- Table A8.1 Summary statistics of calculating a housing affordability index (RMB) -- Table A8.2 Potential omitted variable -- Table 9.1 Summary statistics -- Table 9.2 Balancing checks of treatment and control groups -- Table 9.3 The impacts of the CRNIP on maternal LFP -- Table 9.4 Heterogeneity analysis of the impact of the CRNIP on LFP -- Table 9.5 Time savings from free lunches -- Table 9.6 Employment options -- Table 9.7 Heterogeneity analysis of the impact of the CRNIP on off-farm employment -- Table 9.8 Heterogeneity analysis of the impact of the CRNIP on informal employment -- Table A9.1 Descriptive analysis of initial selection criteria -- Table A9.2 Descriptive analysis of data from CEPS. ; Table 11.1 Overarching policy documents on the BRI.
• Sommario/riassunto: The theme of the 2024 China Update book is China: Regaining Growth Momentum after the Pandemic. It discusses some of the challenges and policy issues that are being watched with keen interest by decision-makers and markets alike.
• Titolo autorizzato: China
• ISBN: 9781760466787; 1760466786
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910984570503321
• Lo trovi qui: Univ. Federico II
• Serie: China Update Series