According to a new report issued by China’s National Development and Reform Commission (NDRC), China’s investment growth will likely decrease to around nine percent in 2016, compared to 10.2 percent for the January-November period of the current year.
In particular, in 2016 investment growth in the Chinese manufacturing industry will likely decrease by 1.5 percentage points and drive down overall investment growth by around 0.5 percentage points. In addition, investment growth in real estate will decrease to zero. The NDRC suggested that China should continue to implement proactive fiscal policies and prudent monetary policies.