Group 6 Rafael Ramos Codeço /Catherine Chien / Paul Yu 29th Academy of International Economic Affairs, MOEA.

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Presentation transcript:

Group 6 Rafael Ramos Codeço /Catherine Chien / Paul Yu 29th Academy of International Economic Affairs, MOEA.

 What do We mean with China Economic Rembalancing?  Current sources of chinese Growth  Effects of the rebalancing  2020 China

 Concept: Change the country’s growth strategy by rebalancing the sources of the economy growth; Current sources of Chinese Growth Next time’s Sources Infra-structure investmentDomestic consumption Export-led developmentBoost wages Undervalued currency Low wages Low interest rate

 Decreasing demand of metallic commodities;  Increasing demand of goods related with consume (food, tele-communication equip );  International Competitors can take advantage (automotive products, transport equip, electrical equip, textile.)

 Decrease Exports ( what will hurt some industries );  Increase Consumption (what will benefit some industries) ;  Decrease Social Inequality;

 1.The second largest economy in the world  2.Middle-income countries.  3.GDP 5% in 2020.

Increase of the workforce-- labour from agriculture to industry. Narrowed its technology gap with other countries, reducing the scope for one- shot productivity gains. State-owned enterprises turns into some forms of company(if successes)

Government's withdrawal: from direct involvement in the economy and the extending and deepening of markets. Financial integration Any other areas:Education, Health, Pensions, Infrastructure development, and Protection of the Environment.

To Be Continued