PESTLE Insights: China - Macroeconomic Outlook Report
Summary
Services contributed 52.8% to the gross value added (GVA) in 2019, followed by manufacturing, mining and utilities with 32.43%, as per the estimations of GlobalData. The two sectors grew by 10.5% and 5.7%, respectively in 2019.
The SSE Composite Index, widely considered a benchmark of the overall performance of stocks listed in the Shanghai stock market, has exhibited a slight growth in the past 12 months. As of May 8, 2020, the SSE Composite Index stood at 2,895.34, compared to 2,883.61 in May 14, 2019.
Eastern China accounts for most of the provincial GDP. Beijing, Shanghai, Jiangsu and Guangdong are the major provinces of Eastern China. Better sea connectivity has boosted manufacturing in these provinces.
FDI inward flow to China remained strong in 2018, with y-o-y growth of 3.0%.
Scope
- China was ranked 26th out of 160 countries according to the World Bank’s logistics performance index (LPI) in 2018. Its infrastructure spending remains one of the major drivers of its economic growth.
Reasons To Buy - Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.