China Economy in a Snapshot Q2 2021 Report
What does this quarterly economic report offer?
The China Economy in a Snapshot is a quarterly publicatiŠ¾n produced by the CEIC Macroeconomic Research Team. The report is designed to provide a comprehensive, albeit concise overview of the current economic and ļ¬nancial developments. The China Economy in a Snapshot report is produced using data from CEIC's China Premium and World Trend Plus database.
In Q1 2021, GDP increased on a real terms basis by 18.3% y/y. The stellar growth rate was assisted by a low base thanks to the unprecedented economic contraction of 6.8% y/y that occurred in the same period of last year due to the COVID-19 crisis lockdown. Based on a two-year average growth, GDP increased by 5% in Q1 2021.
This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings:
- China's Economic Outlook
- Real Sector
- Monetary and Financial Sector
- Fiscal Sector
- External Sector