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

Center

China's FAI slows as measures take bite

(Shanghai Daily)
Updated: 2007-03-18 11:30
Large Medium Small

Related readings:
China's FAI slows as measures take bite Urban fixed asset investment up
China's FAI slows as measures take bite Investment cools slightly in 2006
China's FAI slows as measures take bite China posts double-digit growth in returns for telecom services
China's FAI slows as measures take bite 
State-owned enterprises invest US$131b in fixed assets

China's fixed-asset investment (FAI) in the first two months of the year rose 23.4 percent, slower than last year's average clip, in a sign that government austerity measures helped curb unwanted capacity, according to government data released yesterday.

The country's expenditure on urban roads, factories and otherfixed assets totaled 653.5 billion yuan (US$84 billion) in January and February, the National Bureau of Statistics said.

The growth in the first two months was slower than the 24.5 percent climb in 2006 because the central government took measures, including raising banks' reserves to curb lending and damp over-investment.

The January-February figure also slowed from a 26.6 percent increase in the first two months of last year.

A slew of economic figures released this month showed that China's economy is still on a fast growth path and there is abundant liquidity. The country's trade surplus hit US$23.76 billion last month, the second-highest monthly figure. Money supply added 17.8 percent in February, the fastest in six months.

Consumer prices rose 2.7 percent last month, picking up from a 2.2 percent rise in January while industrial production soared 18.5 percent in January and February combined.

"Based on the macroeconomic figures for the first two months, we believe the possibility of monetary tightening is increasing but the timing may be not ripe," said Chen Wenzhao, a Changjiang Securities Co analyst.

"As supply gradually catches up with demand, we think growth in fixed-asset investment will gradually slow this year."

Investment in the coal sector gained 2.3 percent to four billion yuan in the first two months while it added 3.3 percent in the oil and natural gas industry to 11.2 billion yuan, the bureau said.

In the power and heating production and supply sectors, investment jumped 11.7 percent to 54.3 billion yuan last month.

Chinese Premier Wen Jiabao told reporters?on?Friday?that the country's economic growth is still dependent too largely on investment and exports.

Wen said the economy faces instability including rapid increases in investments and bank lending, excessive monetary liquidity as well as imbalances in trade and international payments.

分享按鈕
环江| 小金县| 孝感市| 汶上县| 阜城县| 富宁县| 增城市| 南宫市| 灵山县| 天长市| 台北县| 大邑县| 阜南县| 台中县| 新乡县| 和田市| 卫辉市| 永登县| 三门县| 宁晋县| 巩义市| 芮城县| 宜宾市| 高尔夫| 萍乡市| 贞丰县| 邮箱| 全椒县| 察隅县| 滦南县| 新安县| 仁怀市| 时尚| 拜泉县| 内乡县| 龙陵县| 景泰县| 佛学| 海城市| 定远县| 苍南县|