1. Historical Macro Trajectory & Policy Scrubber
SCRUB HISTORICAL TIMELINE:
1998
1992 (Southern Tour)
1994 (Tax Reform)
1998 (SOE Crisis)
2001 (WTO Entry)
2003 (Transition)
GDP Growth (%)
7.8%
Target >7% achieved
CPI Inflation (%)
-0.8%
Deflationary pressures
SOE Workforce Share (%)
59.5%
Labor reallocation peak
Export Volume ($B)
$183.8B
Pre-WTO baseline
1998: SOE Restructuring & Banking AMCs Launch
Premier Zhu Rongji accelerates "Grasp the Large, Let Go of the Small" (Zhuada Fangxiao) to downsize non-viable state enterprise sector while establishing four Asset Management Companies (Cinda, Huarong, Great Wall, Orient) to absorb 1.4 Trillion RMB in non-performing loans (NPLs) from state banks.
2. Counterfactual Policy Lever Simulator
Adjust inputs to calculate structural impacts
HISTORICAL PRESETS:
Central Tax Retention Share
1994 Tax-Sharing System (Fen Shui Zhi) central revenue split ratio.
Bank NPL Carveout (Billion RMB)
1,400 RMB
Asset Management Companies (AMCs) NPL purchase volume.
SOE Downsizing Velocity
15.0%
Annual lay-off / privatized state sector workforce reduction.
WTO Tariff Cut Speed
12.0%
Average weighted import tariff reduction post-accession.
Simulated Structural Output Matrix
Simulated Growth Rate
8.10%
Simulated CPI Inflation
0.20%
Reallocated SOE Labor
21.40M
Export Trajectory Index
142.50
Structural Efficiency Score
86.40 / 100
Macro Stability Status
Optimal Balance
3. Policy Mechanism Network Map
Interactive D3 Force Graph
Click nodes to reveal how tax centralization funded recapitalization, freed bank capital, reallocated surplus state labor, and propelled trade expansion.
Select any node in the mechanism network above to view structural policy linkages.