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

Make me your Homepage
left corner left corner
China Daily Website

Economy may rebound to 8.2% in 2013

Updated: 2012-11-29 10:43
By Chen Jia (China Daily)

China's economic growth rebound may climb to as high as 8.2 percent in 2013, supported by steady investment expansion amid rebalancing of the country's industrial structure, economists predicted on Wednesday.

They forecast that GDP growth is likely to speed up next year and this may provide more room to deepen reform.

Economy may rebound to 8.2% in 2013

Commerce Minister Chen Deming speaks at a forum sponsored by Caijing magazine in Beijing on Wednesday. [Photo/China Daily]?

They were speaking at a forum sponsored by Caijing magazine.

Chen Dongqi, deputy head of the Macroeconomic Research Institute at the National Development and Reform Commission, said: "The fourth quarter's growth may bounce back to 7.8 percent from the three-year bottom of 7.4 percent in the third quarter."

The expansion rate for the year is likely to slow to 7.7 percent in 2012, the lowest since 2005, from 9.3 percent in 2011, Chen said.

He said the rebound will be based on increasing domestic demand for cars, houses and healthcare, as well as investment expansion in road and railway construction.

Cao Yuanzheng, chief economist with the Bank of China, said that exports in 2013 will not be able to lead growth of the world's second-largest economy, so China may still face downside risks.

"One of the effective prescriptions is to stabilize investment, in line with the government's goal to accelerate the urbanization process," he said.

But there are signs of hope.

The Flash HSBC Purchasing Managers' Index in November showed its first reading above 50 - the demarcation line between contraction and expansion - in 13 months, indicating that the manufacturing sector may witness growth this month.

Net income of industrial companies grew by 20.5 percent in October, up from 7.8 percent in September and minus 6.2 percent in August, according to the National Bureau of Statistics.

Ha Jiming, vice-chairman and chief investment strategist of Goldman Sachs' investment management division for China, said the country will continue to go through a U-shaped rebound.

Helen Qiao, chief China economist for Morgan Stanley, said that unless employment figures drop sharply next year, macroeconomic policy will remain stable.

"There may be space for further easing of monetary policy in the second half of next year," she said.

The economists suggested that policymakers pay more attention to fiscal reform.

Yao Jingyuan, a researcher from the Counselors' Office of the State Council, said: "The government can consider raising the threshold of personal income tax as well as reducing the tax rate for small and medium-sized businesses, which is helpful in encouraging domestic consumption."

chenjia1@chinadaily.com.cn

 
 
...
宜章县| 观塘区| 拉萨市| 威信县| 邳州市| 辉县市| 彭州市| 遂宁市| 改则县| 广元市| 思南县| 巴塘县| 玉溪市| 邵阳市| 长丰县| 南投市| 合山市| 鄂托克旗| 循化| 菏泽市| 昆山市| 汉源县| 武城县| 昌吉市| 富蕴县| 开原市| 临颍县| 乌恰县| 唐山市| 浦城县| 西林县| 金川县| 那曲县| 长子县| 阜平县| 班玛县| 定南县| 灵寿县| 溆浦县| 太和县| 华坪县|