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

chinadaily.com.cn
left corner left corner
China Daily Website

GDP target in sight for 2013

Updated: 2013-06-27 03:07
By WANG XIAOTIAN in Beijing and WU YIYAO in Shanghai ( China Daily)

China's economic growth will pick up in the third quarter despite the recent liquidity crunch, and the government's full-year target of 7.5 percent expansion can be achieved, Bank of China Ltd said in a quarterly report on Wednesday.

The GDP growth rate will reach 7.8 percent in the third quarter, with 7.6 percent growth for the second half overall, according to the report.

The first-quarter expansion of the world's second-largest economy moderated to 7.7 percent amid sluggish external demand and soft investment.

"Acceleration of urbanization, a rally in consumption, an export recovery and base factors will support economic stability in the coming months," the bank said.

It added that if any new stimulus policy is introduced this year, growth might even reach 8 percent.

The report noted that manufacturers have nearly ended de-stocking and industrial output is expected to rise by 9.5 percent in the third quarter, slightly faster than in the second quarter.

But increased unemployment and financial risks such as shadow banking, local government debts and rising bad loans call for precautions, said Zhou Jingtong, a senior analyst at BOC.

"Employment is a lagging indictor for the overall economy. As exports dive, we forecast deterioration in unemployment if the economy continues to falter, which calls for an increased role for fiscal policy."

Investment in infrastructure may help the economy recover in 2013, with fixed-asset investment in infrastructure up some 30 percent year-on-year in the first half, said Pu Yonghao, regional chief investment officer for Asia Pacific at UBS Wealth Management.

"However, China's economic growth may continue to slow in the second half of 2013, according to statistics for power consumption and freight loading, which measure real economy activities," Pu said.

Exports in the second half may not help, while the real estate industry faces critical challenges, he said.

Previous Page 1 2 Next Page

 
...
...
...
湾仔区| 博爱县| 岗巴县| 乌鲁木齐县| 平果县| 正镶白旗| 渑池县| 彰武县| 巩义市| 广德县| 浦城县| 涿鹿县| 广平县| 遵义县| 临桂县| 梨树县| 柳州市| 彭阳县| 漳浦县| 沅陵县| 白朗县| 柯坪县| 错那县| 林口县| 四子王旗| 常德市| 全南县| 额济纳旗| 鹿邑县| 卓资县| 光山县| 湟中县| 苏尼特左旗| 文山县| 红桥区| 垫江县| 龙山县| 藁城市| 凌云县| 宿州市| 南江县|