Transcribed

Tapei China - Contributions to growth, Growth in gross capital formation

3.13.1 Contributions to growth (demand) Private consumption Government consumption Total investment Net exports GDP Percentage points 12_ 10.8 6_ 4.1 0.7 -1.8 1.3 0. -6- 2008 2009 2010 2011 2012 Source: Directorate-General of Budget, Accounting and Statistics (DGBAS). http://eng.stat.gov.tw (accessed 14 March 2013). 3.13.2 Growth in gross capital formation Private Public % 40_ 20_ 0_ -20_ 2008 2009 2010 2011 2012 Sources: Directorate-General of Budget, Accounting and Statistics (DGBAS). http://eng.stat.gov.tw; CEIC Data Company (both accessed 14 March 2013). 3.13.1 Contributions to growth (demand) Private consumption Government consumption Total investment Net exports GDP Percentage points 12_ 10.8 6_ 4.1 0.7 -1.8 1.3 0. -6- 2008 2009 2010 2011 2012 Source: Directorate-General of Budget, Accounting and Statistics (DGBAS). http://eng.stat.gov.tw (accessed 14 March 2013). 3.13.2 Growth in gross capital formation Private Public % 40_ 20_ 0_ -20_ 2008 2009 2010 2011 2012 Sources: Directorate-General of Budget, Accounting and Statistics (DGBAS). http://eng.stat.gov.tw; CEIC Data Company (both accessed 14 March 2013).

Tapei China - Contributions to growth, Growth in gross capital formation

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After registering 4.1% growth in 2011, Taipei,China’s economy slowed to 1.3% expansion in 2012 (Figure 3.13.1). Exports of goods and services declined in the first half of the year owing to the slow... down in the PRC and the continued weakness in major industrialized economies but eventually recovered and grew by 3.1% as demand for electronics and precision products picked up. Imports of goods and services declined by 1.9% as domestic demand faltered. Net exports contributed 1.1 percentage points to real GDP growth. Consumer unease caused lower retail sales, curbing growth in private consumption that, with a modest rise in government consumption, saw total consumption increase by only 1.3%. This narrowed consumption’s contribution to growth to 0.84 percentage points. Total investments contracted by 4.2%, as the government stimulus measures had waned since 2009, and as the private enterprises trimmed their investment outlays (Figure 3.13.2). Source: Directorate-General of Budget, Accounting and Statistics (DGBAS). http://eng.stat.gov.tw (accessed 14 March 2013) - National Bank on China - http://www.pbc.gov.cn/

Tapei China - Contributions to growth, Growth in gross capital formation

Tapei China - Contributions to growth, Growth in gross capital formation

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