Effects of Chinese Economic Stimulus Package on Economic Growth in the Post-Crisis China

Table 5

Comparison between the actual data and simulation results (%).

			Actual data	Baseline	Crisis scenario	Policy scenario
2009	GDP growth rate		9.1	10.2	2.4	9.1
	GDP composition	Final consumption	48.6	48.4	51.5	49.6
		Gross fixed capital formation	46.7	42.0	45.0	46.0
		Net export	4.7	9.6	3.5	4.4
	Contribution to GDP growth	Final consumption	45.4	53.4	143.1	52.7
		Gross fixed capital formation	95.2	39.4	168.8	92.3
		Net export	−40.6	7.2	−211.9	−44.9
2010	GDP growth rate		10.3	9.6	11.1	10.8
	GDP composition	Final consumption	47.6	48.9	49.6	49.2
		Gross fixed capital formation	47.5	41.6	43.9	44.7
		Net export	4.9	9.5	6.5	6.1
	Contribution to GDP growth	Final consumption	37.3	54.7	32.8	45.3
		Gross fixed capital formation	54.8	37.2	34.4	32.3
		Net export	7.9	8.1	32.9	22.4

Source: the actual data come from: http://www.stats.gov.cn/.