On February 22, Xiamen University, jointly with the Economic Information Daily of Xinhua News Agency published the Forecast and Analysis on China’s macroeconomy— a report in the spring of 2017 in Beijing.
According to the report, China's economic growth will continue to slow down, but by a progressively narrower margin. At the same time, the economy is expected to maintain at a moderate and stable level of inflation.
And, the report also showed that currently the biggest concern for the workings of the macroeconomy is the sharp drop in the growth rate of private investment.
Hence, the government should shore up Chinese entrepreneurs ' confidence in the private sector to incentivize the private investment to rebound more rapidly.
This report isthe 22nd forecast published by CQMM— the China Quarterly Macroeconomic Models research group affiliated to the XMU Macro-economic Research Center, a key research base on humanities designated by the Ministry of Education.
After more than a decade of research, expansion, and upgrading, CQMM has become the most influential prediction model for China’s macroeconomy with its 55 random equations, 8 identities and 72 variables.
Edited by Guo Yanyan and Zhou Jin
Source:http://news.xmu.edu.cn/0f/42/c1632a266050/page.htm