男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Economy

Data reflecting soft Q1 GDP growth, bank says

By Emma Dai in Hong Kong (China Daily) Updated: 2014-03-28 08:45

Data reflecting soft Q1 GDP growth, bank says 

DBS Bank Ltd's Beijing branch. The bank estimates China's GDP grows about 7.3 percent in the first quarter. Provided to China Daily 

Judging from the economic data released so far this year, China's first-quarter GDP growth rate will probably be about 7.3 percent, said DBS Bank (Hong Kong) Ltd on Thursday.

Considering the central government's determination to achieve structural reform, the outlook for consumption and a lukewarm export outlook, the bank said 7.5 percent GDP growth will be a "hard nut to crack" this year.

Data reflecting soft Q1 GDP growth, bank says

Data reflecting soft Q1 GDP growth, bank says

Lily Lo, an economist at the bank, said: "Premier Li has made it clear that 7.2 percent GDP growth is the bottom line to secure employment. It looks like structural reform is a more important task than growth this year for the central government. It will not be a surprise to see GDP growth sit at 7.3 or 7.4 percent by year-end."

Macroeconomic indicators are certainly signalling economic headwinds. The National Bureau of Statistics on Thursday said that total profits for large industrial enterprises grew 9.4 percent year-on-year in the first two months to 779.31 billion yuan ($126.6 billion). The growth rate was 2.8 percentage points lower than the same period in 2013. Large enterprises are defined as those with at least 20 million yuan in annual revenue

Also during the first two months, industrial ouput expanded 8.6 percent, the lowest level since the financial crisis. Retail sales totaled 4.23 trillion yuan, up 11.8 percent, the slowest rate in at least 12 months.

The value of exports declined 18.1 percent in February, confounding expectations of a 6.8 percent gain.

In response, many analysts have adjusted their forecasts for China's growth. For example, Goldman Sachs Group Inc cut its full-year GDP growth forecast from 7.6 percent to 7.3 percent.

Lo said that growth momentum is being affected by the central government's "low" investment target. The target for growth in fixed-asset investment this year was set at 17.5 percent by the National People's Congress, the top legislature, earlier this month.

Data reflecting soft Q1 GDP growth, bank says

Top 10 figures in 2014 govt work report 

Data reflecting soft Q1 GDP growth, bank says

Experts: GDP growth target reasonable 

 

Weaker manufacturing PMI may signal policy changes
CICC expects China GDP to grow 7.3%

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 凤冈县| 突泉县| 中西区| 安达市| 中山市| 满洲里市| 清流县| 太康县| 江津市| 布拖县| 攀枝花市| 尼木县| 平罗县| 商南县| 剑川县| 布拖县| 宿迁市| 齐齐哈尔市| 株洲县| 景德镇市| 顺昌县| 临西县| 乌恰县| 澄江县| 正镶白旗| 漾濞| 永新县| 昌都县| 广昌县| 广西| 南川市| 安国市| 广州市| 搜索| 会同县| 昌图县| 济阳县| 青海省| 鹤峰县| 大姚县| 广元市|