Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China

Research Article

Analysis of the Problems and Policy Suggestions of China's Macroeconomics Based on the Theory of Short-Term Economic Fluctuation and Numerical Simulation with Matlab

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  • @INPROCEEDINGS{10.4108/eai.6-1-2023.2330234,
        author={Kexin  He and Yunyan  Huang and Yujin  Zhang},
        title={Analysis of the Problems and Policy Suggestions of China's Macroeconomics Based on the Theory of Short-Term Economic Fluctuation and Numerical Simulation with Matlab},
        proceedings={Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China},
        publisher={EAI},
        proceedings_a={BDEDM},
        year={2023},
        month={6},
        keywords={macroeconomics chinese economy short-term economic fluctuation theory new normal double cycle},
        doi={10.4108/eai.6-1-2023.2330234}
    }
    
  • Kexin He
    Yunyan Huang
    Yujin Zhang
    Year: 2023
    Analysis of the Problems and Policy Suggestions of China's Macroeconomics Based on the Theory of Short-Term Economic Fluctuation and Numerical Simulation with Matlab
    BDEDM
    EAI
    DOI: 10.4108/eai.6-1-2023.2330234
Kexin He1,*, Yunyan Huang2, Yujin Zhang3
  • 1: Hunan University of Technology
  • 2: City University of Macau
  • 3: School of Central University of Finance and Economics
*Contact email: 452608287@qq.com

Abstract

With the arrival of the "14th Five-Year Plan", China's economy has ushered in new opportunities but it is facing great challenges at the same time. According to the short-term economic fluctuation theory, through the visual chart study of macroeconomic indicators, this paper analyzes the changing trends of consumption, investment, import and export, which are the "troika" driving the economy. Furthermore, combining the relevant macro data and theoretical model, the calibration of parameters and numerical simulation are carried out with Matlab software, and the model results support the following conclusions well that China's macroeconomics faces four problems: first, the slow recovery of consumer demand; second, the weak growth rate of the investment; third, the rising proportion of structural unemployment; fourth, the unstable situation of international trade. In the end, this paper explores the causes of these four problems and gives a series of policy recommendations.