China´s economy in years

In 2009 China's National Development Commission decided to examine the stimulus plan and it published an analysis of how the funds should be distributed. The biggest part was allocated to public infrastructure and the second largest went to reconstruction works in regions hit by the Sichuan earthquake that was followed by resources for social welfare plans

In 2010 China's economic growth was kept by the economic stimulus and it assisted other close countries with the economic recovery.

Chinese economic growth was around 10 percent, as opposed to European and North American economies were slowing.

2011. By the time, unemployment was at 4% due to the policy adopted.

The year 2012  the Chinese government with the help of the National Development and Reform Commission approved a 60 infrastructure projects.

The Chinese quick economic performance draws attention to the Western synthesis about management of macroeconomic stability. What distinguished China in contrast to the rest of the world was mainly the Chinese performance of macroeconomic/monetary policies and its efficacy of measures in the short-run and in the long-run.

From 2013 to 2017

In 2013, the economic growth rate reached the 7,7%, a higher value than the Government expected. This growth went with the deceleration of the economic growth.

In July, the Government created a new plan with the aid of stabilizing the economy. It meant an increase in the domestic consumption and in the industrial production. This facts made companies buy more raw materials.

The economic growth in 2014 was 7,4% and for first time in 16 years China could not reach the Government's expectations.  This year China became the first economy, it led the United States. China normalized its growth to have a steady situation. Other objectives were; applying reforms to balance the territorial development.

From the point of view of the analysts the plan was a success because the unemployment was maintained and there was no social riots.

In 2015: the country grew at one of the lowest rates from long ago. It grew by 6´9% compared to the 7´3% rate of 2014. Also, some specialists sostain that this country is manipulating the results and that the objectives for this country should not be all about increasing demand, what would increase the economy but only in the short term, but to increase the productivity and also to invest more, because the growth rate for investment is falling each year.

In 2016: China's economy growth rate was 6´7%. This percent is much higher than the developed countries but it is not all good news for China because this rate is the lowest one since 1990. China continued its new objective from 2012 to increase the domestic demand more than the demand for exports, and it is helping to rise the results.

In 2017: the economy in this country grew by 6´8% with respect to the previous year and it is meant to grow by a 6´4% in 2018. Although the economy in China is growing much faster than in other countries, the rate of growth is decreasing each year. Now it is the second largest economy in the world, behind US.

In the future it is meant to increase by an 7-8% annually, but this is not the major problem they have. In China, there is no middle-class, people are or very rich or very poor, so they have to improve the per capita GDP to solve this problem. Also, the education in this country is estimated to increase and also the labour force, although these ones are well developed nowadays. Talking about the domestic demand, as it is estimated to rise, will create more opportunities for investment and production.