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The following is the The epidemic haze gradually subsided and the recovery was synchronous From Outlook on macro economy and major assets in 2021 recommended by recordtrend.com. And this article belongs to the classification: Chinese economy, Brokerage Report.
If the vaccine is put into use at the end of the year and the overseas epidemic is controlled at the beginning of next year, the global economy as a whole will usher in a comprehensive recovery in 2021. China’s economic growth is expected to be around 9.5%, with growth rates of 18.5%, 8%, 6.5% and 5.8% respectively in the four quarters. The internal driving force of China’s economic growth will be enhanced, and manufacturing investment and consumption will become important supporting factors for economic growth.
With the downward phase of the pig cycle, China’s overall inflation will be moderate in 2021, CPI will be around 1%, oil price will rise moderately, and PPI will be around 1%.
In the context of economic recovery and moderate inflation, monetary policy in 2021 will maintain a “prudent position”: the policy will basically maintain the status quo, and will not be increased or relaxed, nor will it be significantly tightened. In 2021, the fiscal policy will enter the stage of “consolidation and recuperation”
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