Table 5.

The expenditure decomposition of the changes in real GDP (%).

Expenditure components	Total	Shocks of the pandemic
		PSP	DTI	DHC	DHT	LDT	PCT
Consumption	−2.61	−0.36	−0.18	−2.05	−0.12	0.11	−0.02
Investment	−1.57	−0.72	−0.58	−0.83	−0.30	0.69	0.17
Export	0.28	−0.17	0.17	0.91	0.06	−0.53	−0.16
Import	1.20	−0.18	0.35	1.61	0.20	−0.56	−0.22

Source: CHINAGEM model.