The National Bureau of Statistics of China has surveyed a hundred Chinese economists on this year’s China economic trend. The survey reveals that the economists expect six trends in China’s economy as follows:

(1) Tremendous drop in export demand and favourable balance.

 
Of the one hundred economists surveyed, 92% expect a “slower” growth in exports, while 71% expect a “decrease in favourable balance” in the following six months.

(2) Slow growth in currency credits

 
Through 70% of the economists consider the current growth of fixed asset investment “normal”, 49% consider the growth of current credits “too slow”.

 
      
(3) Weaker consumer demand

　　
Forty-nine percent of the economists expect a “weaker” consumer demand in the coming six months. Forty-two percent expect a “stronger” consumer demand while 5% expect no change.


　　
(4) No inflation within two years

  
Among all the economists surveyed, 86% expects that the inflation rate in 2009 would “drop”. They also anticipate that the average CPI would only be 2.5%.

(5) Stable stock prices and a slight fall in property prices

  
The survey found that economists who anticipate stock prices to “rise” and “become stable (or mildly fluctuate)” are of 24% and 59% respectively, while 89% think the property prices would be “lower” compared with that in 2008.

(6) Stable RMB exchange rate

  
The survey also showed that 64% of the economists think the exchange rate of RMB (to USD) will be “stable in general”.