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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Policy Watch

Cabinet promises more funds for smaller firms

By WANG XIAOTIAN | China | Updated: 2013-07-16 01:49

The National Bureau of Statistics announced on Monday a slower economic expansion in the second quarter. GDP growth moderated to 7.5 percent from 7.7 percent in the first quarter.

Total social financing in the first half exceeded 10 trillion yuan ($1.6 trillion), according to the central bank.

"The economy is not short of liquidity, but it requires a more efficient allocation of credit to the real economy and productive sectors as opposed to circulating within the financial system for regulatory arbitrage," said Chang Jian, China economist with Barclays Capital.

Money supply growth fell to 14 percent year-on-year in June, from 15.8 percent previously, which reflects the PBOC's policy bias for tighter liquidity in the second half compared with earlier in the year, according to Chang.

"Total outstanding credit has reached 68 trillion yuan. If we can raise the circulation of credit by 0.1 time each year, or shorten the average lending tenure by about one month, there would be extra loans of 6 to 7 trillion yuan," Chang added.

A senior executive at Industrial and Commercial Bank of China Ltd said: "The space for credit circulation and restructuring is very huge."

On July 5, the State Council released 10-point guidelines on how monetary and financial policy can stabilize growth and reduce financial risk.

The guidelines said that misallocation of capital is hampering economic restructuring.

They called for more credit support for upgrading, consumption and urbanization.

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . 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
 
甘洛县| 二手房| 攀枝花市| 青海省| 九龙坡区| 临朐县| 滦南县| 象州县| 龙口市| 财经| 广东省| 枣强县| 浏阳市| 探索| 衢州市| 当雄县| 鄂托克旗| 马山县| 油尖旺区| 即墨市| 清镇市| 潞城市| 望城县| 宣汉县| 新营市| 克什克腾旗| 云林县| 枣强县| 铁岭县| 连云港市| 利川市| 陆良县| 日土县| 托克逊县| 科技| 阳城县| 石楼县| 神池县| 晋城| 廊坊市| 静乐县|