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

Slower growth, healthier economy

(Xinhua) Updated: 2015-04-16 09:10

BEIJING - Analysts say China's first quarter economic data, released Wednesday, highlights areas of concern but should not fuel market pessimism.

The slowdown of the world's second-largest economy deepened in 2015 Q1, prompting calls for further policy easing. However, there were signs that the economy is gradually becoming better balanced.

Slowing growth

China's economy grew 7 percent year on year in Q1, down from 7.3 percent in 2014 Q4. This growth, the lowest quarterly growth rate since 2009, was in line with the 2015 "around 7 percent" target.

The National Bureau of Statistics (NBS) reported that growth in industrial output, fixed asset investment and retail sales in March all slowed and were below economists' expectations.

All key headline numbers and components of GDP weakened in Q1, reflecting persistent downward pressure on the economy, UBS economist Wang Tao said.

The ongoing property downturn and staggering exports outweighed a modest Q1 cushioning from solid infrastructure investment and resilient consumption, Wang said.

Wednesday's data is the latest in a string of numbers that suggest further weakness in the economy.

Export data for March, released on Monday, tumbled from a year earlier, due to sluggish global demand. Import shipments also shrank sharply.

Consumer inflation also remained tepid in March, while producer prices stayed in deflationary territory.

Premier Li Keqiang said on Tuesday that the government should make efficient use of policy tools to maintain growth, promote employment and raise efficiency.

This week, the World Bank trimmed its forecast for China's growth this year from 7.2 percent to 7.1 percent.

Desirable outcome

Despite the slowdown, the economy is still one of the world's fastest growing and enjoys sound fundamentals as the healthy pace of job creation and income growth continue, analysts said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
含山县| 临颍县| 亳州市| 丰县| 敦煌市| 来宾市| 柳林县| 德江县| 灌云县| 正宁县| 于都县| 蒲城县| 漳平市| 石屏县| 汤原县| 卓尼县| 铜山县| 郁南县| 中西区| 深圳市| 同德县| 淮安市| 襄樊市| 岚皋县| 榆树市| 台前县| 修文县| 巴楚县| 阿巴嘎旗| 商丘市| 岳池县| 岐山县| 手机| 多伦县| 遂昌县| 九江县| 夏邑县| 临朐县| 辉县市| 莱州市| 西华县|