China’s economy continues to make the transition to a more sustainable type of growth driven by domestic consumption. Growth accelerated in 2017 for the first time in four years, recovering from a slowdown in 2016. The robust growth in 2017 was mainly attributed to the momentum of government policy support, increasing external demand, and progress in domestic reforms. Inflation remains stable at around 2% and fiscal policy remained expansionary. Growth in China is expected to decelerate over the next five years as the growth momentum from the fiscal stimulus ceases to have an effect on the economy. Also, the supervisory and regulatory actions underway to limit financial sector risks, along with and overcapacity reductions, will result in lower growth in the medium term. According to the latest IMFWorld Economic Outlook , the average growth in the period 2018-2022 will be 6%, decelerating from 6.7% in 2017 to 5.8% in 2022. In 2018, growth is expected to slow down to 6.4% with the domestic demand increasing by 6.9%. With the structural transformation currently underway, the Chinese economy will become less reliant on investment and exports. During the five-year period 2018-2022, the share of capital formation will decline from 43.7% in 2017 to 41.4% in 2022. The current account surplus will also decline from 1.4% of GDP in 2017 to 0.4% in 2022.

01 EXECUTIVE SUMMARY 

02 SECTOR OUTLOOK 

03 SECTOR IN FOCUS

04 COMPETITIVE LANDSCAPE 

05 COMPANIES IN FOCUS

06 REGULATORY ENVIRONMENT 

07 FARMING 

08 ANIMAL HUSBANDRY 

09 FISHERY 

10 FORESTRY