Subjects: Statistics >> Social Statistics submitted time 2024-03-27 Cooperative journals: 《中国科学院院刊》
Abstract： In 2023, China’s economy maintained a recovery trend after the epidemic. However, the economic recovery showed the characteristics of wave-like development, and it is expected that China’s economy will grow steadily and rapidly in 2024. This study introduces a comprehensive approach to forecasting annual GDP growth, integrating input-output models, econometric models, prosperity analysis, expert insights, and scenario analysis. Reviewing China’s economic performance in 2023 and the prevailing global and domestic conditions, it is projected that China’s GDP growth rate will be around 5.3% in 2024. Based on this analysis, several policy recommendations are suggested, namely, intensifying macro-control policies for both cyclical and counter-cyclical phases; elevating the industrial chain’s modernization to enhance its resilience and competitiveness; and providing steady support to the growth of small and medium-sized enterprises.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： In recent years, the probability and frequency of international major emergencies are on the rise, which have threatened the global food security. The study decomposes the food supply chain into production section, consumption section, and circulation section; and then analyzes the risks of food security in each section when facing the major emergencies. In the production section, major emergencies restrict the inputs of labor and agricultural production materials, limiting food supply directly. In the consumption section, major emergencies usually increase the food price and decrease the resident income, and thus, decline the purchasing power of food and exacerbate the food crisis. In the circulation section, major emergencies may lead to the block of domestic food transportation and the interruption of international trade, which mismatches the food production and food consumption. In addition, the study puts forward that China’s high grain self-sufficiency rate not only ensures Chinese food security, but also contributes to the global food security. The suggestions are proposed in the end to Chinese and global food security, respectively.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： Food security is crucial to national security. Thus, it is an urgent task to figure out the potential risks that threaten China’s food security during the 14th Five-Year Plan period and how to cope with those risks. This paper provides an outlook for the development of China’s food production during the 14th Five-Year Plan period, and then points out the potential risks faced by food production. The paper demonstrates that China’s food production will achieve a steady development during the 14th Five-Year Plan period, and the grain output will reach more than 690 Mt by the end of the 14th Five-Year Plan period. The paper argues that the main potential risks faced by food production during the 14th Five-Year Plan period include the increasing intensive constraints on natural and labor resources, the slow development of the seed industry, the low degree of scale and mechanization, the over-concentration phenomenon, and the frequent occurrence of major events. In the end, corresponding suggestions are proposed corresponding to the above risks.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： Faced with the complex domestic and international environment, the Chinese government took various measures to coordinate epidemic control with economic and social development, earning recovered growth of the economy in 2021. In 2022, China's economic development will be facing greater uncertainty. This study systematically analyzes and forecasts the development trend and regularity of China's medium and long-term economic growth rate. It is expected that the medium and long-term economic growth rate of China will show a downward trend in a wave shape. Based on input-output technology, econometrics, prosperity analysis, expert analysis, and scenario analysis, a systematic integrated factor prediction approach on annual GDP growth is proposed. Based on the review and analysis of China's economic development in 2021, as well as the current domestic and international situation, China's economic growth rate is predicted to revert to normal level in 2022, with an annual growth rate of about 5.5%. The policy suggestions are further proposed based on the analysis, including implementing science-based measures in epidemic prevention and control, strengthening the cross-cycle policy adjustment, boosting consumption more vigorously, achieving the goal of "double carbon" scientifically and flexibly, and accelerating the development of digital economy and industrial digitization.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： China’s economic growth slowed down in 2022 due to the COVID-19 pandemic and the corresponding measures. There are great uncertainties in China’s economic development in 2023. It is expected that China’s medium and long-term economic growth rate will show a wavy downward trend. Based on input-output technology, econometrics, prosperity analysis, expert analysis, and scenario analysis, this study proposes a systematic integrated factor prediction approach on annual GDP growth. Through analysis of China’s economic growth in 2022 and the current situation worldwide, China’s economic growth rate is predicted to be about 6.0% in 2023, reverting to the normal level. The policy recommendations are further put forward based on the analysis, including strengthening the adjustment of macro-policy, implementing proactive fiscal policy and prudent monetary policy, boosting domestic consumption, increasing employment and promoting investment, striving to stabilize the macro-economic market, preventing and defusing risks in major fields, and leveraging China’s advantages in the global industrial chain.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： With the impact of COVID-19, the global market has greatly enhanced the recognition of sustainable development. Economies along the Belt and Road Initiative (herein after referred as Belt & Road countries and regions) are facing severe challenges of common ecological environment and climate change. Based on the two-way fixed effect panel model and interregional input-output model,this study puts forward a measurement model of the impact of China’s outward direct investment on carbon emissions of Belt & Road countries and regions. The results show that China has played a positive role in the green development of Belt & Road countries and regions, leading the green investment of Belt & Road countries and regions. Based on the results and the current situation of China’s outward direct investment, four policy suggestions are proposed, namely, carrying out low-carbon technology transformation in crucial industries, establishing a coherent green development policy, developing multilateral green cooperation, and concentrating on the development of climate finance.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： Under the joint impact of the COVID-19 epidemic and the complex international situation, the future direction of China’s economic development has attracted much attention. This study systematically analyzes and forecasts the development trend and regularity of China’s medium and long-term economic growth rate. It is expected that the medium and long-term economic growth rate of China will show a downward trend in a wave shape. Based on the systematic integrated prediction approach on annual GDP growth proposed by our team, this study reviews China’s economic development in 2020 and forecasts China’s economic growth rate in 2021. It is expected that China’s economy will achieve a restorative growth with an annual growth rate of about 8.5% in 2021. The policy suggestions are further proposed based on the analysis, including promoting domestic consumption, stabilizing economic growth and development, building a science and technology innovation-oriented country, as well as accelerating the transformation of industrial structure.
Subjects: Other Disciplines >> Synthetic discipline submitted time 2023-03-28 Cooperative journals: 《中国科学院院刊》
Abstract： The outbreak of coronavirus disease (COVID-19) has severely impacted China’s production and supply in the short term, and increased the risk of accelerated outward relocation of domestic industry chain. Based on the measuring of China’s production and export supply gaps caused by COVID-19, and key position of China in global production network and the Asian production chain, this article analyzed the COVID-19 shock on the global production chains and the risk of accelerated China’s industrial outflow. The results show that the output gaps caused by the COVID-19 will have a deep impact on the global production system, and multinational enterprises will speed up the relocation of production chains. Therefore, the increasing risk of industrial outflow should be concerned. Finally, suggestions are put forward to efforts in the COVID-19 control, coordination on economics, and the relocation of production chains.
Hits
Hits
Downloads
Comment
YES