2015 saw the fastest economic growth in 7 years as manufacturing and construction—supported by FDI—surged. Strong export manufacturing, FDI inflows, and domestic demand will continue to drive growth, though partly offset by spillovers from slowing expansion in the PRC.
The sluggish progress on banking reforms and state-owned enterprises could increase vulnerability to external shocks and constrain FDI inflows.
|Composite Stock Price Index 1||685.0 (Jan17)||663.2||549.8|
|Broad Money Growth 2||19.8 (Oct16)||19.8||19.8|
|Headline Inflation Rate 3||4.7 (Dec16)||4.5||0.6|
|Industrial/ Manufacturing Production Growth Rate 3||-6.2 (Jan17)||7.8||5.9|
|Merchandise Export Growth 3||7.6 (Jan17)||7.6||21.2|
|Exchange Rate Index 4||142.0 (Jan17)||142.0||142.8|
|1 Monthly average, local index.|
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
|Source: Bloomberg LP; CEIC database; General Statistics Office.|