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The Slowdown of the Chinese Economy
Beijing No. 4 High School, Beijing, China
National Junior College, Singapore City, Singapore
Chengdu Shude School International Department, Chengdu, China
- 1 Beijing No. 4 High School, Beijing, China
- 2 National Junior College, Singapore City, Singapore
- 3 Chengdu Shude School International Department, Chengdu, China
American Journal of Industrial and Business Management·Volume 09 (2019)·Pages 1653–1665·Published 12 August 2019·DOI10.4236/ajibm.2019.98108
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Abstract
We have studied the data representing the change in the Chinese economy and have found that there has been a significant change in the composition of the economy. We have discovered general trends on GDP, Investment and Consumption based on the data and accounted for the unexpected changes during the 1990s period. To account for the decrease in the composition of investment, we have used the Solow model to represent China’s development reaching the steady state of the economy. We realised there is a noticeable amount of policies being implemented and we discussed their impacts on the effort to restore the development of the economy.
KeywordsChange in Chinese EconomyGeneral Trend in GDPInvestmentand ConsumptionSolow ModelPolicies
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