国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

China's December economic activity holds steady: UBS

Xinhua | Updated: 2018-01-04 10:06
Share
Share - WeChat
A worker checks the quality of wind turbine fans in Lianyungang, Jiangsu province.[Photo by Geng Yuhe/for China Daily]

BEIJING - Swiss global financial services company UBS expects China's December data will show steady economic activity, while GDP growth in the fourth quarter will slow slightly.

The Swiss company predicted stable industrial production and property activity, firm fixed-asset investment (FAI), and faster export growth in a research note Wednesday. The indicators are scheduled to be released in mid-January.

"We expect December's industrial production growth to have stabilized at 6.1 percent year on year," UBS said.

China's value-added industrial output, which measures factory activity, rose 6.1 percent in November, largely stable compared with earlier this year, as high-tech and equipment manufacturing sectors reported stellar increases.

UBS believes stronger external demand and a rebound in power generation will help sustain industrial expansion, while noting the air quality campaign is likely to restrict northern China's upstream sectors.

Overall FAI growth is expected to edge up to 6 to 7 percent for December, leaving the year-to-date rate at 7.2 percent, said UBS, adding that infrastructure investment is likely to hold up and manufacturing investment will be slower.

It also predicted robust export growth partly due to a low base, higher consumer prices, retreating factory-gate inflation, and a stable credit increase. Foreign exchange reserves will likely rise thanks to eased capital flight pressures.

UBS projected economic growth will moderate slightly to 6.7 percent year on year in Q4, and soften further to 6.4 percent in 2018, adding it will be "weighed down by weaker property activity, stricter environmental rules, and tighter local government financing."

With the GDP up by a forecast-beating 6.9 percent in the first three quarters, China's policy makers have moved to steer the economy onto a new path of high-quality development. The Central Economic Work Conference reiterated risk containment, poverty reduction and anti-pollution as the country's priorities from 2018 to 2020.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
安国市| 义乌市| 贵定县| 政和县| 正蓝旗| 盐源县| 海门市| 鹤庆县| 浦城县| 盈江县| 武乡县| 郁南县| 灵石县| 安乡县| 图木舒克市| 皮山县| 涡阳县| 陆川县| 石嘴山市| 孙吴县| 博罗县| 静乐县| 莱州市| 保山市| 万荣县| 洪泽县| 邹城市| 保山市| 噶尔县| 乌鲁木齐市| 永丰县| 嘉鱼县| 牟定县| 东乌珠穆沁旗| 冷水江市| 马关县| 云南省| 威信县| 广汉市| 紫金县| 临泽县|