PESTLE Insights: Macroeconomic Outlook Report - China
Services contributed (50.4%) to the gross value added (GVA) in 2016, followed by manufacturing, mining and utilities (34.1%). In nominal terms, the overall GVA is expected to grow at an average pace of 9.2% in 2018 and 2019.
Eastern China accounts for most of the provincial GDP as compared to western China. Beijing, Shanghai, Jiangsu and Guangdong are the major provinces of Eastern China. Better sea connectivity has boosted manufacturing in these provinces.
China ranks 27th out of 160 countries as per World Bank's logistics performance index (LPI) in 2016. China’s infrastructure spending remains one of the major drivers for economic growth
China continues to spend heavily on infrastructure as investments in roads and connectivity continue to increase. However, the pace of infrastructure spending is set to take a hit from industrial overcapacity and crackdown on local government debt.
Manufacturing followed by real estate attracts most of the FDI inflow in China. FDI inflows have slowed down in recent years as macroeconomic risk rises with high debt levels
Reasons to buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.