China's Macroeconomic Outlook Quarterly Forecast and Analysis Report

As the sluggish external market demand and excess domestic investment in past years have caused excess production capacity, resulting in both industrial growth rate and GDP growth rate falling to lowest point for the last three years in China. Where would

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Center for Macroeconomic Research of Xiamen University

China’s Macroeconomic Outlook Quarterly Forecast and Analysis Report, August 2013

Current Chinese Economic Report Series

For further volumes: http://www.springer.com/series/11028

Center for Macroeconomic Research of Xiamen University

China’s Macroeconomic Outlook Quarterly Forecast and Analysis Report, August 2013

Center for Macroeconomic Research of Xiamen University Center for Macroeconomic Research Xiamen University Xiamen, Fujian, China

ISSN 2194-7937 ISSN 2194-7945 (electronic) ISBN 978-3-642-54220-6 ISBN 978-3-642-54221-3 (eBook) DOI 10.1007/978-3-642-54221-3 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2014903495 © Springer-Verlag Berlin Heidelberg 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Preface

This report is a partial result of the “China Quarterly Macroeconomic Model (CQMM)”, a project of the Center for Macroeconomic Research (CMR) in Xiamen University. The CMR is one of the Key Research Institutes of Humanities and Social Sciences of the Ministry of Education of China. The research is funded by the National Social Science Foundation of China (13&ZD029), the Key Research Institutes of Humanities and Social Sciences of the Ministry of Educat