Subsequent to the expectedly smooth transition of power at the 18th National Congress of the Communist Party of China in November 2012, the political uncertainty in China has diminished. Following was the Central Economic Working Conference held in December 2012, the PRC government clearly pointed out that fiscal policy will remain proactive and monetary policy will stay prudent. Market commonly agreed that the economy of China has been literally rebounded since the last quarter of 2012, and the momentum will continue in 2013. The growth rate of GDP in 2013 will rise to nearly 7.5%.
For details, please read.