April 23rd, Unirule released Unirule Quarterly Macroeconomics Analysis Q1 2018 in Beijing.
The Analysis reports that China’s economy has maintained a growth rate between 6.7%-6.9% for 11 consecutive quarters, showcasing a super stable trend. However, the pressing issue of economic development imbalance is hindering the shift of growth engine and economic restructuring due to the misallocation of resources in the institutional structure and policy arrangements.
The Analysis shed light upon the tax reduction policy against the backdrop of tax reduction in the global scale, and the causes, process, and nature of Sino-US trade disputes.
The Analysis also offered insights into the “talent grabbing” phenomenon that took place recently in multiple areas in China, extrapolating necessary factors and institutional constraints for the economic upgrade and restructuring in the current system.
The Analysis forecasts a 6.6% GDP growth rate for Q2, and a 6.5% for 2018.