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

   

Goldman Sachs: Economy to grow 10.8% in 2007

(Xinhua)
Updated: 2007-04-22 13:15

Goldman Sachs, the U.S.-based investment bank, raised its forecast for China's 2007 gross domestic product from 9.8 percent to 10.8 percent after the country saw robust economic growth in the first three months.

China's economy expanded 11.1 percent in the first quarter of the year, compared with 10.4 percent in the fourth quarter of last year, according to the National Bureau of Statistics (NBS).

Goldman Sachs said in a report that the consumer price inflation of 3.3 percent in March has increased the possibility for the Chinese government to unveil economic cooling measures.

The inflation, the highest in more than two years, was well beyond the comfortable target of three percent set by the Chinese government for the year.

China added 1.42 trillion yuan of new loans in the first quarter, 44 percent of the 3.2 trillion yuan last year, according to statistics.

Liang Hong, chief China economist with Goldman Sachs Asia, said the surge in loans growth, investment, inflation and overheated equity markets may prompt the government to raise further the interest rates or the reserve requirement ratio.

She noted if the loans growth accelerates in the second quarter, the People's Bank of China, or the country's central bank, may use more administrative measures to rein in its growth.

Liang's concerns were shared by NBS spokesman Li Xiaochao, who told a press briefing on Thursday that China's economy faces the risk of shifting from relatively fast growth to over-heating.

He acknowledged that the Chinese government will take more small steps to ensure a stable and fast economic growth.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
云霄县| 五莲县| 吉木乃县| 新昌县| 突泉县| 桓仁| 文昌市| 乐安县| 黎城县| 横山县| 鹤山市| 广宗县| 洪雅县| 葫芦岛市| 历史| 蕲春县| 安图县| 巴塘县| 逊克县| 思南县| 嘉善县| 工布江达县| 曲松县| 饶河县| 凤山市| 祁东县| 武安市| 都昌县| 东乡族自治县| 潮州市| 翼城县| 壤塘县| 长乐市| 江达县| 万荣县| 岳阳县| 施秉县| 台湾省| 湖州市| 鹿邑县| 黑水县|