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

US EUROPE AFRICA ASIA 中文
Business / Economy

GDP growth is stable, structural changes are on the way

By Wu Jiangang (chinadaily.com.cn) Updated: 2015-07-16 14:02

GDP growth is stable, structural changes are on the way

A stevedore works at Qingdao port in Shandong province, July 1, 2015. [Photo/IC]

China's gross domestic product expanded by 7 percent in the second quarter compared to the same period last year according to data released on Wednesday by China's National Bureau of Statistics. It maintains the same growth rate as the first quarter and matches the government's target for the full year.

Under stable growth, we can see structural changes.

First, growth is mainly driven by the tertiary industry, whose year-on-year expansion is 8.4 percent, compared with 7.9 in the first quarter. This may be related to the stock market and the real estate sector.

In the second quarter the value of the stock market is increasing rapidly, which helps increase profits of financial institutes. After the new mortgage policy, sales in the real estate sector rebounded significantly, and this helps the growth of the tertiary industry.

The second industry growth rate is only 6.1 percent, which is another lower level compared with the first quarter, suggesting that traditional industry is still facing structural adjustment.

As to the structural contributions of investment, consumption and export, the National Bureau of Statistics released only the contribution of consumer spending. The annual total consumer spending is about 60 percent. Compared with the second quarter of last year, the ratio is up 5.6 percent, about 4.2 percentage points contributing to the ultimate growth rate of GDP.

According to data on imports and exports in the first half, we can infer that the contribution of net exports to GDP has also improved. So we may conclude that the demand of domestic and foreign is the main driving force of GDP growth.

Although the real estate industry as well as traditional manufacturing industry has caused some drag on GDP, the government's timely introduction of the "steady growth" stimulus also played a proper cushioning effect.

But there are some worries.

First, relatively ample liquidity has caused a prosperous capital market, but the money has hardly flowed into the real economy. However, the use of leverage causes bubbles and as the deleverage process goes on in the second half of the year the positive effect to the tertiary industry cannot be so strong.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美自拍在线 | 欧美三级一区二区 | 亚洲影院国产 | 亚洲在线偷拍自拍 | julia中文字幕久久亚洲 | 亚洲成aⅴ人片在线影院八 亚洲成av人片在线观看 | 波少野结衣在线播放 | 亚洲最大情网站在线观看 | 欧美色欧美亚洲高清在线视频 | 在线播放一区二区精品产 | 最新国产精品自拍 | 精品久久久久久亚洲 | 精品久久精品久久 | 国内精品久久久久影院亚洲 | 在线高清国产 | 亚洲欧洲日产v特级毛片 | 中文字幕一区二区三区视频在线 | 亚洲国产成人精品一区二区三区 | 国产乱弄视频在线观看 | 91热国产| 宅女深夜福利视频在线 | 欧美另类高清xxxxx | 亚洲欧美男人天堂 | 国产成人综合欧美精品久久 | 日韩成人在线观看 | 成人区视频爽爽爽爽爽 | 亚洲丝袜另类 | 色偷偷888欧美精品久久久 | 欧美成人一级视频 | 在线观看日本免费视频大片一区 | 国产成人最新毛片基地 | 日本天堂视频在线观看 | 精品国产欧美精品v | 欧美一级成人一区二区三区 | a级毛片在线播放 | 国产人成久久久精品 | 男人都懂的网址在线看片 | 国产欧美视频一区二区三区 | 日韩亚洲欧美一区噜噜噜 | 国产a∨一区二区三区香蕉小说 | www女人|