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

Business / Economy

China's economy to grow by 6.93% in Q2

(Xinhua) Updated: 2015-06-27 11:08

BEIJING - China's economy will grow by 6.93 percent year on year in the second quarter, said a report by the National Academy of Economic Strategy (NAES), which is affiliated to the Chinese Academy of Social Sciences on Friday.

Released at a meeting co-hosted by NAES and the Economic Information Daily, the report made the quarterly-based analysis on China's micro-economy.

The growth forecast is lower than the 7-percent annual growth target, but 0.13 percentage points higher than the earlier NAES forecast.

Economists took various factors into consideration, including a continuous fall in foreign trade, steady consumption and an investment increase, said NAES deputy director Wang Hongju, who is also one of the chief economists that drafted the report.

NAES head Gao Peiyong?expects more cuts to bank interest rates and reserve requirement ratio (RRR) in the second half of the year, and advised the country to boost infrastructure investment to shore up growth.

"The annual growth target is attainable as China is introducing more pro-growth measures," according to the report.

China has taken measures to arrest the slowdown. The central bank has cut the benchmark interest rate three times since November. It has also dropped banks' RRR twice since February. In March, China reduced payment levels for second-home buyers to 40 percent from the previous 60 to 70 percent, and exempted business tax for sales of homes purchased over two years ago.

The consumer price index is likely to grow by 1.3 percent year on year in the first half year, said the report, well within the annual target of 3 percent.

Hot Topics

Editor's Picks
...
宣化县| 临城县| 绩溪县| 定州市| 普兰县| 莱阳市| 屏边| 南汇区| 利津县| 淳安县| 通渭县| 赣州市| 错那县| 衢州市| 和田市| 通河县| 平度市| 灵山县| 大关县| 岢岚县| 盘锦市| 宝应县| 溆浦县| 华容县| 莲花县| 东辽县| 齐齐哈尔市| 垦利县| 商水县| 江山市| 新津县| 山丹县| 馆陶县| 望江县| 德钦县| 皋兰县| 盈江县| 当阳市| 确山县| 柳林县| 尼木县|