What is the state of China s economy in 2007?

When I was wandering around, I saw your question and glanced at the first floor, which really made people laugh and cry. This is actually a short-term change problem in the AD-AS model, and to make it easier for you to understand, I found a graph.

In the figure above, LAS is the long-term aggregate supply curve and AD is the aggregate demand curve. However, the short-term aggregate supply curve SAS may move due to changes in input factors of production, such as the oil production cut you proposed leading to a difference in oil land**, in addition to agricultural crops, fluctuations in the foreign exchange market, etc., which may cause changes in the SAS curve.

Due to the rise in the input (or cost) of factors of production (such as: oil), enterprises are forced to reduce output under the same output conditions, demanding a higher price level, or at the same level. As a result, the SAS curve moves to the upper left to SAS, reducing the amount of production that would otherwise exceed potential national income (OY)* to OY.

The equilibrium point is moved from E to E', the market price level moves from p to p'。As a result, production falls below the level of full employment, and ** rises above the level of full employment. Manifesting in the real economy, that's what you say:

Prices**, the total value of production has fallen, and unemployment has risen.

During the period from 2007 to 2009, the main reasons for China's economic development were as follows:

1.Monetary policy is accommodative. After the outbreak of the global financial crisis, China adopted active fiscal and monetary policies by lowering interest rates and increasing fiscal spending, which promoted the growth of domestic market demand and the adjustment of industrial structure.

2.Infrastructure construction is unprecedented. China** has implemented an infrastructure investment plan for large-scale limb models, including the construction of highways, high-speed railways, intercity railways, airports, etc., which has not only driven the development of related industries, but also promoted the growth of domestic market demand.

3.Externally, ** continues to grow. Despite the impact of the global financial crisis on the global situation, China has actively expanded its foreign channels and launched a series of support measures to support export enterprises.

4.The domestic demand market is gradually growing. With urbanization and the increase in residents' income levels year by year, the scale of China's domestic demand market has expanded rapidly, becoming an important force driving economic growth.

5.New steps have been taken in industrial upgrading and transformation. China has increased its support for scientific and technological innovation and technological transformation, and various high-tech industries have gradually emerged, providing new impetus for economic development.

It should be noted that during the period 2007-2009, China was also affected by the global financial crisis, but due to a series of positive response measures and the strong growth of the domestic market during this period, China's economy still maintained a high level of growth.

If you come to another 4w billion, it can still be brilliant. If the EU collapses, China's GDP will immediately decline. If the distribution system is reformed well, it will be possible to shift to a consumption-oriented growth country, but this is extremely unlikely, and the economy will decline first and then rise.

China's economic data for the first half of the year has come out, and it is declining, so the economy for the whole year should be L-shaped, that is, it can maintain the decline in the second half of the year, but it will not be **.

The form is complicated, and one or two sentences are not clear. We are now in a critical period of economic transformation, with both opportunities and crises.