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

chinadaily.com.cn
left corner left corner
China Daily Website

EU sees Chinese GDP flat at about 7.7% through 2014

Updated: 2012-11-07 21:51
By Fu Jing in Brussels ( chinadaily.com.cn)

The European Union expects China’s economy to grow 7.7 percent this year, with a “similar” level in 2013 and 2014, according to a report issued Wednesday that affirms previous forecasts of slower-paced expansion in the country.

“Given the weakness of external demand, and likely sluggish demand from the domestic private sector, the current outlook for China largely hinges on whether reported measures to accelerate public investment projects, and some targeted fiscal measures directed towards consumers, will prove sufficient to generate a substantial improvement in domestic prospects,” the report said.

The projections are in the autumn European Economic Forecast from the EU’s executive body, the European Commission. The seasonal report on economic growth around the world details conditions in the 27-member EU along with descriptions of other big economies such as China, the United States and Japan.

In 2011, Chinese gross domestic product increased by a far more robust 9.2 percent. Officials recently reported third-quarter GDP growth of 7.4 percent, the slowest rate in over three years.

The EU report noted recent approvals by China’s National Development and Reform Commission to spend about 1 trillion yuan ($157 billion), or 2.5 percent of last year’s GDP, on dozens of infrastructure projects to perk up the economy.

“These are not entirely new projects,” it said, “but their accelerated approval is expected to help underpin a stabilisation of growth through to the end of this year.”

“Consumer spending should also prove fairly resilient,” according to the EU. “Real interest rates have risen as inflation has dropped back, which raises returns to households, [which] keep a substantial part of their wealth in the form of bank deposits. Together with the continued steady growth of wages, this should prevent a sharp slowdown in consumption spending.”

The report said China’s pace of growth was faster than previously forecast and will likely be flat at 7.7 percent next year before inching up to 7.8 percent in 2014.

Wednesday’s report comes a day between the re-election of US President Barack Obama and the start of China’s once-a-decade transition of power through a Party congress.

The EU report is available at: http://ec.europa.eu/economy_finance/publications/european_economy/2012/pdf/ee-2012-7_en.pdf

 
...
...
...
乾安县| 滕州市| 石景山区| 清涧县| 贺州市| 阿巴嘎旗| 英吉沙县| 湖北省| 博客| 广丰县| 嘉义县| 罗源县| 易门县| 无锡市| 阳江市| 丹寨县| 肃北| 三门县| 贵阳市| 崇礼县| 新余市| 宜州市| 威信县| 融水| 通榆县| 松滋市| 仁化县| 会东县| 六盘水市| 台北县| 朝阳区| 东乡| 房产| 石景山区| 彭水| 涞水县| 枣强县| 临漳县| 葵青区| 和田市| 瓮安县|