China’s Macroeconomic Analysis and Forecast, 2018–2019
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Compiled by the Institute of Economic Research at Renmin University, this annual volume provides a data-driven assessment of China’s macroeconomy and a forecast for the coming year. Using Renmin’s CMAFM modeling framework and sectoral studies, the report reviews growth, inflation, investment, consumption, trade, and financial conditions, and discusses key risks such as structural rigidities and external shocks. It balances quantitative modeling with policy analysis, offering scenarios and recommendations on fiscal, monetary, and industrial policy. As part of a long-running series, the 2018–2019 edition captures the transition from recovery to moderation and highlights priorities for high-quality growth.