Reviewing 2013，the world economy has undergone slow recovery. The economies of the United States and Japan were both performing exceptionally well，while the European economy has recuperated from its recession quagmire. With an easing global monetary market，the Northern capital markets of developed countries stayed to be strong while the Southern capital markets of developing countries were comparatively weak. Maintaining a steady growth，the Chinese economy has made a progress in its structural alteration. On the other hand，the tightening monetary policy has resulted in a “currency shortage” which caused the indexes of capital markets to drop continually.

Looking forward to 2014，the global economy is expected to continue its moderate recovery. The economies of emerging markets are expected to suffer increasing stress of descent. The Chinese economy has shifted from the stage of rapid growth to moderate growth. The growth rate of the Chinese economy is anticipated to decline slowly in the coming foreseeable future and a double-digit growth rate will be hardly achieved. In short，the economic growth of China in 2014 is expected to be similar to that in 2013. Nevertheless，China is predicted to overtake the United States in around 2027 and become the world’s largest economy.