Improvement in U.S. household consumption expenditures help improve China s exports

Transcription

1 Improvement in U.S. household consumption expenditures help improve China s exports Percent change from preceding year Percent change from preceding year China s exports to U.S. (R) U.S. household consumption expenditures (L) Sources: U.S. Bureau of Economic Analysis, IHS Global Insight, and China Statistics Monthly.

2 China GDP and total exports Annual percent change, 1998 to Q Exports (R) GDP (L) Sources: National Bureau of Statistics of China, IMF World Economic Outlook, October 2009.

3 Foreign direct investment and exports China s FDI net inflows and total exports Current US$ billions Percent change from preceding year 160 Exports (R) FDI (L) Source: National Bureau of Statistics of China, World Bank.

4 Inflation creeping up Sources: CEIC, World Bank.

5 Real estate prices have risen rapidly Sources: CEIC, World Bank.

6 Investment growth in China Sources: CEIC, World Bank.

7 China s budget deficit Sources: CEIC, World Bank.

8 China s investment in energy projects with private participation and electricity usage US$ billions kwh per capita Investment (L) Electricity usage (R) Sources: World Bank Private Participation in Infrastructure Project Database, International Energy Agency, Energy Statistics and Balances of Non-OECD Countries and Energy Statistics of OECD Countries

9 China s health-care reform The plan announced by the State Council in April 2009 aims to invest RMB850 billion to provide basic medical services to the population by 2011, with the long-term goal of rolling out universal coverage by Each province will select one to two cities as the trial bases for setting up a public hospital network.

10 Green GDP in China Economic losses caused by environmental pollution reached $64.7 billion in 2004, accounting for 3.05% of GDP. Source: China Green National Accounting Study Report 2004.

11 Environmental degradation costs China, percent of local GDP, 2004 US$ billions Costs (L) Percent t(r) Percent Eastern Central Western 2.6 Source: China Green National Accounting Study Report 2004.

12 Carbon dioxide emissions China vs. U.S., per capita, Source: Carbon Dioxide Information Analysis Center.

13 Carbon dioxide emissions China vs. U.S., indexed growth, Source: Carbon Dioxide Information Analysis Center.

14 Total carbon dioxide emissions from fossil fuels China vs. U.S., Source: Carbon Dioxide Information Analysis Center.

15 China s labor picture Average wage per worker and labor productivity growth Percent change from preceding year Percent change from preceding year Productivity growth (L) Average wage per worker (R) Sources: The Conference Board, China Statistical Yearbook, 2009.

16 Per capita annual income China, urban vs. rural, indexed growth, Indexed growth 1,200 Ub Urban householdsh 1,000 Rural households growth Urban: % Rural: % Source: China Statistical Yearbook, 2009.

17 Cost of living 2009 City 2009 rank 2008 rank Tokyo 1 6 Paris 3 2 Copenhagen 4 3 Oslo 5 1 Geneva 9 12 Hong Kong Chicago, Los Angeles, New York Source: Economic Intelligence Unit, London 27 8 Shanghai 29 45

18 Shanghai Composite Index Source: Yahoo Finance.

19 Chinese Gross Domestic Product Year/year percentage change Source: China National Bureau of Statistics.

20 Total loans of Chinese financial institutions Change from one year ago, trillion Yuan Source: People s Bank of China.

21 Chinese residential floor space completed Year/year percentage change, 3-month moving average Source: China National Bureau of Statistics.

22 Chinese consumer price index Year/year percentage change Source: China National Bureau of Statistics.

23 Chinese exports $ billions Sources: World Trade Organization and China Ministry of Finance.

24 Chinese Yuan per U.S. Dollar Source: St. Louis Federal Reserve.

25 The Chinese Economic Revolution Capitalism is Reintroduced to China China s Gross Domestic Product, 1980 to 2009 Purchasing-Power-Parity Valuation in Current US Dollars; Source: IMF

26

27

28

29

30

31

32

33

34