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China’s Economic Performance in the First Half of 2018

  • Center for Macroeconomic ResearchEmail author
Chapter
Part of the Current Chinese Economic Report Series book series (CCERS)

Abstract

In the first half of 2018, China’s real GDP grew by 6.8% YoY, showing that the Chinese economy continued its steady growth. Although the growth rate of investment and consumption, which are measured by the investment in fixed assets (FAI) in the whole society and the total retail sales of social consumer goods, respectively, dropped to the lowest in recent years, the domestic demand reflected by total asset formation and final consumption expenditure was not weak.

Reference

  1. Huang, W.T., & Dong, M.J. (2008). Why the growth of the total sales of social consumer goods slowed while the contributions of consumption to GDP growth rose? China Securities Research Paper. China CITIC Securities.Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Xiamen UniversityXiamenChina

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