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

   

BIZCHINA / Biz Who

Zhou Xiaochuan: Growth high despite tightening
(Reuters)
Updated: 2006-06-27 10:59

China's economy will grow at least 10 percent in the second quarter and in 2006 as a whole despite measures to cool down its booming economy, Chinese central bank governor Zhou Xiaochuan said on Saturday.


Zhou Xiaochuan, governor of the Chinese central bank. [baidu.com] 

Speaking to reporters on the sidelines of the annual meeting of central bankers at the Bank for International Settlements in Basel, Zhou said: "I think probably for the entire year it's also something around 10 percent."

He said second-quarter growth would also be "probably quite high" at above 10 percent.

Despite measures to curb growth, recent data has suggested that China's economy is steaming ahead, with investment in factories and other fixed assets in the first five months of 2006 jumping 30.3 percent from a year before.

In the first quarter of 2005, China's economy expanded by 10.3 percent.

China surprised financial markets in April by raising interest rates for the first time in 18 months. It hiked its benchmark one-year lending rate to 5.85 percent from 5.58 percent.

The central bank also raised the amount of cash that banks have to hold in reserve by 0.5 percentage points earlier this month to rein in frenzied lending and excessive investment.

"The direction is to gradually tighten up," Zhou said.

However, Zhou said China did want to risk an economic slowdown.


(For more biz stories, please visit Industry Updates)

 
 

高雄市| 绍兴市| 贵定县| 巨野县| 遂昌县| 沙田区| 博兴县| 三都| 清新县| 铁岭市| 呈贡县| 长岭县| 个旧市| 诸暨市| 丹棱县| 高邑县| 南漳县| 台中县| 永春县| 石林| 龙泉市| 上林县| 泾源县| 赤峰市| 醴陵市| 景洪市| 榆中县| 确山县| 丰台区| 扎鲁特旗| 石首市| 东莞市| 水富县| 堆龙德庆县| 彭泽县| 余江县| 沂源县| 仙游县| 新余市| 政和县| 木兰县|