Latest Press Releases

In the December survey (1–9 December 2020), the CEP indicator decreased by 23.7 points to a new reading of 31.3 points. Although this marks a sharp decline, expectations are still at a historically high level. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the November survey (3­–11 November 2020), the CEP indicator recorded a further increase, climbing 5.0 points to a new record high of 55.0 points. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the October survey (6–14 October 2020), the CEP indicator rose by 5.6 points to a new level of 50.0 points. This marks a new record high of the indicator since the survey began in mid-2013. Although the increase is slightly lower than in the previous month, when the indicator jumped by 18.3 points, optimism regarding the Chinese economy is still growing quite strongly. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the September survey (7–16 September 2020), the CEP indicator rose by 18.3 points to a new level of 44.4 points. This is by far the highest value of the indicator since the survey began in mid-2013. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the August survey (3–12 August 2020), the CEP indicator fell by 5.6 points to a new level of 26.1 points. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis. “The CEP indicator is still quite high, however, and remains well above its historical average of 2.6 points,” says Dr. Michael Schröder, senior researcher in the “International Finance and Financial Management” Research Department at ZEW Mannheim and project leader of the CEP survey.

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In the current July survey (7–13 July 2020), the CEP indicator increased slightly by 1.2 points, reaching a new value of 31.7 points. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the current June survey (9–17 June 2020), the CEP indicator climbs 15.7 points to a new value of 30.5 points, which is only slightly below the level of April 2020. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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In the current May survey (11–20 May 2020), the CEP indicator falls by 21.7 points to a value of 14.8 points, largely reversing last month’s 25.4-point increase. The CEP indicator, based on the China Economic Panel (CEP) in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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Following severe economic consequences from the coronavirus pandemic, an improvement now seems to be in sight for the People’s Republic of China, with economic expectations rising sharply in the current survey for April (15–22 April 2020). The CEP indicator, based on the China Economic Panel (CEP) and reflecting the economic expectations of international financial market experts for China on a 12-month basis, currently stands at 36.5 points, 25.4 points higher than in the previous month (11.1 points in March 2020).

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The coronavirus pandemic continues to leave a deep mark in the growth forecasts for China for 2020 and 2021, with the growth forecasts for real gross domestic product (GDP) dropping heavily again after an already significant decline in the previous month. This is the main result of the March survey (9–18 March 2020) among international financial market experts for China. The survey is regularly conducted by ZEW Mannheim and Fudan University (Shanghai) on the basis of the China Economic Panel (CEP).

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