Macroeconomic implications for the sustainable developmenta case - - PowerPoint PPT Presentation

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Macroeconomic implications for the sustainable developmenta case - - PowerPoint PPT Presentation

Macroeconomic implications for the sustainable developmenta case study for China Qijia Wei State Information Center of NDRC Contents Introduction for this presentation Critical thinking about recent development of the economy


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Macroeconomic implications for the sustainable development—a case study for China

Qijia Wei State Information Center of NDRC

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Contents

  • Introduction for this presentation
  • Critical thinking about recent development
  • f the economy
  • Challenges China’s economy are facing
  • Policy advice and suggestions
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Introduction

  • We aims to explain the reasons that recent

downturn of the economy and give a critical thinking about the economic growth rate and sustainable development.

  • Some policy advice and suggestions are
  • given. Different with academic research,

policy advice and suggestions should consider not only economic theory but also the situations of the country.

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Critical thinking about recent development of the economy

  • Not Good (disadvantages)

(1)double-digital growth rate is disappeared (2)Employment

  • Good (advantages)

(1)Industrial structure adjustment and economy

upgrade

(2)Consider (rethink) the economic development

way(make the economy more sustainable and more “Green”)

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Challenges China’s economy is facing

Excess capacity Climate change and environmental

protection

Urban and rural income gap Expand the domestic consumption Housing market Financial risks

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Policies response to challenges

Some policies are carried out in order to

make the economy development more sustainable. *rational range and bottom line *urbanization * Financial regulation….

“reform and innovation” the key words of

“18.3”

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Policies response to challenges

(1) Driving forces: consumption, investment

and export.

(2) Urbanizations : New (3) Financial regulations for “shadow banking”,

local government debt, and push the financial reform. (such as private banks)

(4) Innovations of the economy.

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Addressing excess capacity problems in

industry. *transfer *close *consume Last but not the least, environmental protection maybe the core issue for China’s sustainable development.

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Summary

Challenges Responses (1)Economic structure (2)New driving force (3)More sustainable

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Any Questions?