China’s Economic Growth in 2012 and 2013
MAPI Economist Yingying Xu provides the forecast for China’s economic growth in 2012 and 2013. She explains why China’s economic growth will slow down, and why the more likely case is for the country to observe a soft (rather than hard) landing. The growth pace of industrial value-added decelerated from 14 percent in 2011 to around 9 percent in the third quarter. Even this number may be overreported considering the dramatic growth deceleration in power production, which is highly correlated with industrial production. In October, however, the growth pace for both industrial production and power generation accelerated slightly, showing some encouraging signs of upturns. She also provides a forecast for 2013 industrial growth in China.
Download PowerPoint slides here (members only).
Wednesday, November 28, 2012
The MAPI Foundation
Manufacturing executives, policymakers, the media, and the association community rely on the MAPI Foundation’s unbiased research, forecasting, and rich analyses to gain unbiased insight into the challenges and opportunities facing the manufacturing sector. Our highly respected economists and business analysts use proprietary models to generate regular forecasts for global manufacturing activity. They also produce data-driven policy analyses that provide insights into major topics influencing manufacturing competitiveness, including energy, tax, the labor market, global trade, innovation, and regulations. Our team regularly delivers keynote presentations at major industry events and board meetings, and for major media outlets we serve as a trusted expert on the manufacturing economy.
The foundation is the research affiliate of the Manufacturers Alliance for Productivity and Innovation. Founded in 1933, MAPI contributes to the competitiveness of U.S. manufacturing through professional development and executive education. Rather than lobbying, we leverage our position as a thought leader to raise awareness of what U.S. manufacturing needs to remain innovative, productive, and best in class.