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

Business / Economy

Stronger economy on the horizon, experts say

By Zheng Yangpeng (China Daily) Updated: 2014-05-17 06:48

The sub-index of new orders decreased at a slower pace, which was an indication of marginal improvement in domestic demand.

But the new export orders sub-index was still below the 50 point that separates expansion from contraction, indicating deteriorating export conditions.

Container throughput also strengthened in April. For the top 10 ports, throughput increased 7 percent year-on-year, up from 6.3 percent in March.

Stronger economy on the horizon, experts say
 
Stronger economy on the horizon, experts say

"Based on indicators across the board, I feel that the economy still faces downward pressure. The downturn could last for a while," Chen said. "But as the leading indicators have touched bottom, there is a possibility that the decline will slow."

He forecast that GDP growth in the second quarter could dip to 7.3 percent from 7.4 percent in the first quarter.

Economic growth could pick up in the third or fourth quarters.

"After a certain period of time, I think the economy's performance will be better than pessimists have predicted.

"Overall, we could more or less achieve the official goal of 'about 7.5 percent' growth," he said.

Song Li, another researcher at the Macroeconomic Research Institute, said although many economists believe the property market has begun a long downswing, the current weakening shows the market is reaching some sort of "equilibrium".

He added: "When Japan's property prices went into a structural drop, its urbanization rate had exceeded 60 percent. Here in China, the real rate is less than 40 percent."

Many people who live in Chinese cities are rural migrants and lack hukou (legal residence) for the cities where they work.

The facts and figures have convinced economists that it's not time for intensive stimulus.

Chen agreed with the term "fine-tuning" to describe the central government's response to the slowdown.

"It is not an 'all-out' stimulus. It's a series of measures that hedge possible risk," he said.

Wang Tao, chief China economist with UBS AG, used the term "soft growth, soft stimulus" to describe the situation.

Stronger economy on the horizon, experts say

Stronger economy on the horizon, experts say

Claim of China's economic supremacy greeted with doubt

Top 10 countries with highest GDP in 2013 

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
水城县| 开阳县| 扬中市| 古交市| 金沙县| 永定县| 承德县| 太康县| 平安县| 辉南县| 鹤山市| 佛冈县| 岐山县| 台江县| 泾阳县| 禄丰县| 涞水县| 托里县| 洛浦县| 文山县| 吉隆县| 宝鸡市| 博白县| 平南县| 揭西县| 长乐市| 准格尔旗| 富裕县| 林口县| 南京市| 唐山市| 怀来县| 安多县| 昭通市| 松阳县| 化德县| 天峻县| 郸城县| 金湖县| 彩票| 开江县|