CONTENTS

　　　　　　　　　　　　　　　　Ⅰ　Main Report

1　Chinese Economic Outlook and Macroeconomic Policy in 2013 ..... Fan Jianping／001

　　　　　　　　　　　　　　　Ⅱ　General Reports

2　Analysis and Outlook of Fixed Assets Investment ...................... Xu Ce／023

3　Analysis and Outlook of Consumption ............................. Qi Jingmei／035

4　Analysis and Outlook of External Trade ............................. Yan Min／044

5　Analysis and Outlook of Prices .............................. Zhang Qianrong／056

6　Analysis and Outlook of Labor Markets ......................... Liu Xueliang／065

7　Analysis and Outlook of Public Finance ....................... Wang Yuanhong／075

8　Analysis and Outlook of Financial Function ........................ Li Ruoyu／087

9　Analysis and Outlook of Balance of Payments ................. Chen Changying／097

10　Analysis and Outlook of Business Cycle of China ................ Liu Yuhong／110

11　Analysis and Outlook of Stock Market ......................... Xu Pingsheng／119

　　　　　　　　　　Ⅲ　International Economic Environment

12　Analysis and Outlook of World Economy .......... Zhang Yaxiong, Cheng Weili／127

13　Analysis and Outlook of Economic Policies of Major Economies

　　............................................................. Wang Jianghao／136

14　Analysis and Outlook of International Financial Markets ....... Zhang Monan／145

15　Analysis and Outlook of International Trade ........................ Liu Yu／156

16　Analysis and Outlook of Major Currencies .................... Zhao Shuogang／167

17　Analysis and Outlook of International Commodity Markets

　　................................................... Li Jifeng, Cai Songfeng／177

18　Analysis and Outlook of Oil Prices .................................. Niuli／187

19　Analysis and Outlook of American Economy ....................... Tao Liping／197

20　Analysis and Outlook of the Euro Area Economy .................... Zhao Kun／207

21　Analysis and Outlook of the Economy of Emerging Market

　　and Developing Countries　..................................... Cheng Weili／215

22　Analysis and Outlook of Japanese Economy ....................... Zhang Peng／222

　　　　　　　　　　　　　　Ⅳ　Industrial Development

23　Analysis and Outlook of Industrial Sectors .......... Chen Qiang, Wei Qijia／233

24　Analysis and Outlook of Real Estate Industry .................. Zou Shinian／246

25　Analysis and Outlook of Automobile Industry ..................... Wang Shuo／257

26　Analysis and Outlook of Steel Industry ......................... Geng Dewei／267

27　Analysis and Outlook of Coal Industry .......................... Zhang Feng／277

28　Analysis and Outlook of Chemical Industry ...................... Mi Jianwei／287

29　Analysis and Outlook of Non-ferrous Metal Industry .............. Wei Qijia／296

　　　　　　　　　　　　　　Ⅴ　Regional Economies

30　Analysis and Outlook of the Economic Development of Different Regions

　　................................................................ Hu Shaowei／305

31　Analysis and Outlook of the Economic Development of Yangtze River Delta

　　................................................. Liu Weiliang, Xu Jianrong／315

32　Analysis and Outlook of the Economic Development of Central Region

　　................................................... Ruan Huabiao, Wang Lili／324

33　Analysis and Outlook of the Economic Development of Western Region

　　............................................................. Tang Minglong／334

34　Analysis and Outlook of the Economic Development of Northeastern Region

　　................................... Guo Xinmei, Yu Xiaolin and Dai Yinsheng／344

35　Analysis and Outlook of the Economic Development

　　of Guangdong Province ........................... Meng Weihua, Zhou Jinshun／353

36　 Analysis and Outlook of the Economic Development of

　　 Great Capital Economic Region ............................