[BOFIT Discussion Papers 1/2011]
(18.2.2011)

Abstract
We use factor analysis to summarize information from various macroeconomic indicators, effectively producing coincident indicators for the Chinese economy. We compare the dynamics of the estimated factors with GDP, and compare our factors with other published indicators for the Chinese economy. The indicator data match the GDP dynamics well and discrepancies are very short. The periods of discrepancies seem to correspond to shocks affecting the growth process as neither autoregressive models for GDP itself nor various coincident indicators are able to forecast them satisfactorily.

[관련자료]
최신중국동향 : Chinese GDP up 10.3 % last year

최신중국동향 : ＜中国＞10年GDP統計と過去5ヵ年規画概括