Economic Outlooks 2018

China Economic Update Q1 2018

  • First quarter GDP growth strong at 6.8%, with a predicted GDP growth of 6.5% in 2018.
  • Foreign trade continues on growth trajectory; Imports grow faster than exports, generating a rare trade deficit in March.
  • Consumer price inflation settles at moderate 2.1%, producer price increases continue to slow down.
  • Service sector and retail sales grow fast, however overall economic development also faces challenges. 

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China Economic Outlook 2018

  • Predicted GDP growth of approximately 6.5% in 2018.
  • Private consumption and particularly e-commerce are expanding fast. Service sector and high-value manufacturing offer opportunities for growth.
  • Chinese trade volume increased substantially after two years of decline: imports are up 15.9%, exports 7.9%
  • Fixed asset investment grew by 7.2%, less than before. Some service industries, IT equipment and automotive see above average investment.
  • Mild increase of inflation expected for 2018.

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Jana Kumpf

Stellvertretende Kammermanagerin
Deutsche Handelskammer Nordchina

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