综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China 2007 GDP seen up 10.8 percent, CPI up 3.2 percent

By ()
Updated: 2007-06-29 16:11

Gross domestic product is expected to rise by 11 percent in the first half of 2007 and 10.8 percent over the full year, with the consumer price index seen up 3.0 percent in the first half and 2.3 percent for the full year, the research bureau of the People's Bank of China said.

In a report published in the central bank-backed Financial News, the bureau said that Chinese economy is expected to maintain a rapid rate of growth over the rest of the year, but falling exports will slow the pace down slightly.

The bureau said that the central government has used a combination of policies, including reducing or abolishing the export rebate on some products, as well as imposing tariffs on energy-intensive export products.

In addition, the low probability assigned to a US Federal Reserve rate cut and a US economic recovery will push the yuan to appreciate, in turn restraining the growth of exports.

"Export and trade surplus growth will remain high but the growth rate will slow a little in the second half," it said.

However, the growth of imports is expected to accelerate in the second half due to rising fixed-asset investment and yuan appreciation, it added.

The research arm said that the growth of fixed-asset investment will face pressure to accelerate in the second half, while retail sales will also maintain rapid growth.

It forecast overall fixed-asset investment growth of around 24 percent this year, the same as the level in 2006, with nominal retail sales expected to rise by no less that 15 percent.

Based on these factors, the bureau projected GDP to grow 10.9 percent in the second quarter, 10.7 percent in the third quarter and 10.6 percent in the fourth quarter.

The research bureau said inflation pressure will ease in the second half due to stable grain prices, but CPI growth will still stay above 3 percent.

It said CPI growth over the last three quarters of the year is seen at 3. 3 percent, 3.5 percent and 3.2 percent.

Growth in the producer price index (PPI) will remain basically stable in the second half, assuming no sharp fluctuations in the international prices of oil and nonferrous metals, it added.


(For more biz stories, please visit Industry Updates)


青海省| 康平县| 中山市| 乐山市| 韶山市| 黎城县| 东城区| 都江堰市| 阳高县| 鹿邑县| 元阳县| 专栏| 曲周县| 环江| 六安市| 永靖县| 武冈市| 静宁县| 卢氏县| 延安市| 临颍县| 石门县| 米易县| 惠州市| 封开县| 饶平县| 湘阴县| 辉县市| 阿城市| 瓦房店市| 肇庆市| 安化县| 二手房| 常宁市| 洞头县| 台江县| 南召县| 蓬安县| 安仁县| 富顺县| 阳山县|