Center for Macroeconomic Research of XMU released a research report in Australia on September 2nd: during the next one year and a half, China's economic growth would continue showing the downward trend and the actual economic growth rate in 2016 is expected to be 6.63%. In 2017, due to everlasting weakness in external demand and investment, China's economic would continue showing downward trend, but the risk of deflation is relatively small.
This report is released on China's Macroeconomic High-level Seminar, which is also the China's Quarterly Macroeconomic Model(CQMM) Forecast Conference in fall of 2016, jointly organized by Xiamen University, "Economic Information Daily" of Xin Hua Agency and Australian National University. The main content is about the forecast of main index and related policy simulation results.
Prof. Jianfa Li said since the CQMM was put into practice, the forecast of China's macroeconomic based on models has been released for 20 times or more. China's Macroeconomic Forecast and Analysis Report was first published in English edition in the fall of 2012. The outcome shows that the international influence of academic research at Xiamen University has been improved.
The 2016 China's Macroeconomic Situation and Policy Questionnaire Survey Report was also released. The report was first released in August, 2013 and twice per year, which means a lot in the international communication.
