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Tuesday, January 14, 2014
2014—China's Constructive "Reform Year"
ANBOUND

In the report The Constructive "Reform Year"—China's Economic Prospect in 2014 released by Anbound research team, Anbound forecasts that China’s GDP growth rate is likely to be 7%-7.5% in 2014, and the GDP aggregation is expected to reach 58.9 trillion yuan, while the CPI is to be around 3%.

Comparing to the economic achievement, nine problems that challenge China’s overall growth are worthy to be put in mind: China’s external economic environment is supposed to be recovery; the implementation of the vast reform plan faces obstacles; the central-local governments’ contradictions are going to be deepened due to fiscal and tax problem; the local debt problem is severe in some areas; the financial reform is full of pressure; China still takes the task of building a new geopolitical and economic setup; the complete development of new urbanization will bring the government both opportunities and risks; the manufactory will rise again from the ashes; the central government should form new food security strategies via new thoughts.

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