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 / Finance

$25b projects, bonds to sustain growth

By Xin Zhiming | China Daily | Updated: 2017-08-19 08:58

China approved big-ticket investments for 22 fixed-asset projects in July, up from 11 in June, and launched new bonds in an attempt to maintain stable economic growth, the National Development and Reform Commission said on Friday.

The state planner said it will also renew efforts to boost private investment.

Analysts said the moves will help offset the effect of financial regulatory tightening and real estate cool-off and help the country maintain stable growth in the coming months.

The 22 projects are valued at 165.5 billion yuan ($24.8 billion) and mainly in the energy, water conservancy, transport, and high-tech sectors.

They are expected to drive high-quality growth and better meet public demand for infrastructure and facilities, said Meng Wei, spokeswoman of the NDRC, at a news conference.

Not just project numbers, even their value rose from June. The 11 projects approved in June were valued at 29.6 billion yuan.

The expected investment boom will likely help bolster China's overall fixed-asset investment, which increased by 8.3 percent year-on-year in the first seven months, down from 8.6 percent for the January-June period.

The commission has also launched two special bonds recently for supporting rural industrial development and development of industries that help improve people's quality of life, such as health, elderly care, education and training, culture, sports and travel, Meng said.

The trend of issuing bonds to support development of selected industries started in 2015, when the commission launched nine special instruments for supporting strategically important industries, innovation, power grid and environmental industries, among others.

"Such special bonds will help cushion the negative effect of tightened monetary regulation on growth," said a research note of investment bank UBS.

The NDRC said it will also make more efforts to encourage private investment, which is crucial for economic growth and job creation.

The government will simplify investment approval procedures for private investors and encourage private investors to participate in public-private partnership or PPP projects in infrastructure and public utility fields, the spokeswoman said.

Most of China's economic indicators in July weakened, triggering concerns that growth may ease in the coming months.

But any such easing would likely be moderate and China will not face the danger of economic meltdown, said a CITIC Securities report.

UBS on Monday raised its forecast of China's GDP growth for 2017 to 6.8 percent from 6.7 percent.

$25b projects, bonds to sustain growth

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
 
桃源县| 金湖县| 秭归县| 金门县| 江口县| 建瓯市| 毕节市| 青铜峡市| 昌乐县| 都江堰市| 温泉县| 建昌县| 高青县| 汤阴县| 孟州市| 江安县| 修文县| 盐津县| 垫江县| 宁远县| 江陵县| 高安市| 福清市| 宝清县| 石楼县| 嘉义市| 安西县| 万宁市| 焦作市| 镇赉县| 霸州市| 日喀则市| 河池市| 新建县| 张北县| 扶风县| 柳州市| 马鞍山市| 保定市| 罗甸县| 肥东县|