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STS587 Guangwu C.
economic issues, especially since Chinese regions exhibit a considerable
degree of heterogeneity in terms of economic development.
In addition, using IELab technology to update tables annually or generate
subnational Chinese MRIOs for any year becomes a less labour-intensive task
and can be based on the latest official data as well as other available data
sources. The Chinese IELab currently includes the longest and latest data from
1978 to 2016 and can support central and local governments in designing and
testing specific policies for any region or sector in China as well as to evaluate
previously implemented policies in order to guide policy adjustments and
refinements. Other topical policy applications include modelling the impacts
of China’s abolition of the decades-long one-child since 2015 and the Chinese
government’s 4-trillion-yuan stimulus package in 2008 for bolster the slowing
economy during global financial crisis.

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