久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

   

Reining in a runaway economy for people's benefit

By Xin Zhiming (China Daily)
Updated: 2007-03-06 09:35

The government has set an economic growth target of 8 percent for this year in order to reign in the economy. Despite being non-binding, his statement is a sign of the central government's determination to rebalance the economy, analysts said. "It reflects a change in the government's attitude in that it focuses on quality," Hu says. "Quality has replaced speed as the top priority."

A big hurdle in improving the quality of economic growth is the high growth of fixed-asset investments. China's fixed-asset investment has been dynamic in recent years, rising 24 percent in 2006 over the previous year. The increase was 25.7 percent in 2005, and 26.4 percent in 2004.

In the first half of 2006, the fixed-asset growth rose by a whopping 29.8 percent in the entire country and a staggering 31.3 percent in the urban areas. And had the central government not pulled the brakes, the already overheated economy would have ended on a more scorching note last year.

Loose liquidity has fueled such growth, with financial institutions extending 3.18 trillion yuan ($413 billion) more in loans last year. The monetary authorities raised the bank reserve requirement ratio and the interest rate to deal with excess liquidity, and the government brought large-scale investment projects under control and raised the price of land earmarked for industrial use in the second half of 2006.

The measures brought down the fixed-asset investment growth from the second half of last year.

This year, however, fixed-asset investments are not expected to slow down significantly, Hu says.

That's because "many existing investment projects will continue this year", says Chen Xingdong, deputy managing director and chief economist of BNP Paribas Peregrine Securities.

Lehman Brothers economists, too, don't see a sharp drop "given the need to improve rural infrastructure and boost economic development in the mid-western regions".

Also, the World Bank has forecast that investment will remain relatively strong, even though it's quite a challenge to jazz up rural domestic demand.
 123  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 国产免费久久 | 丝袜精品 欧美 亚洲 自拍 | 久久精品国产大片免费观看 | 久久精品成人免费看 | 国产精品久久久久久久久久98 | 另类视频综合 | 9久re在线观看视频精品 | 亚洲国产成人久久精品图片 | 久久久久久久久久久大尺度免费视频 | 午夜国产亚洲精品一区 | 日本特黄特色大片免费视频网站 | 国产深夜福利视频网站在线观看 | 高清精品女厕在线观看 | 亚欧在线 | 国产在线播放成人免费 | 久久香蕉国产线看观看式 | 久久精品二三区 | 国产欧美日韩不卡一区二区三区 | 久草视频在线免费 | 久久免费视频在线观看30 | 2022国产精品自拍 | 日本一极毛片兔费看 | 日日噜噜噜夜夜爽爽狠狠69 | 欧美怡红院免费全视频 | 在线观看亚洲免费 | 欧美精品午夜 | 欧美另类久久久精品 | 99re5久久在热线播放 | 男女视频免费看 | 色视频在线观看视频 | 一级毛片韩国 | 久久久最新精品 | 色老头久久久久 | 久久久久欧美国产精品 | 成人a毛片一级 | 亚洲欧美一区二区三区 | 国产永久免费高清动作片www | 爽爽日本在线视频免费 | xxx欧美老熟 | 欧美xx在线观看 | 亚洲欧美日韩视频一区 |