日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Economy

China's stabilizing economy arouses rebound expectations

(Xinhua) Updated: 2012-10-24 09:50

BEIJING -- China's economic performance in the first three quarters has led some experts to predict a rebound, although the speed of its recovery is still uncertain.

China's GDP grew by 7.7 percent year on year in the first three quarters, higher than the 7.5-percent annual economic growth target set for 2012.

Provincial growth data echoed the national economic growth rate, media reports stated on Tuesday.

South China's Guangdong province recorded 7.9-percent year-on-year GDP growth in the January-September period this year, up 0.7 percentage points from the first quarter.

Fixed-asset investment gained strength in Guangdong to reach 1.29 trillion yuan ($204.32 billion) in the last nine months, up 13.9 percent year-on-year from the 9-percent growth seen in May.

Exports also thawed in Guangdong, hitting $417.07 billion, up 6.4 percent from the same period last year.

Guangdong serves as an indicator of the country's economy, as its response to economic changes is usually half a year ahead of the rest of the country, according to Cheng Jiansan, head of the Research Center for the Pearl River Delta Regional Economy affiliated with the Guangdong Statistics Bureau.

East China's Zhejiang province, as well as the southeastern province of Fujian and Tianjin municipality, have also seen significantly better economic performance in the last three quarters.

China's economic growth has started to stabilize and shown positive changes, said a statement released after a State Council meeting presided over by Premier Wen Jiabao last Thursday, adding that the government will continue to prioritize stabilizing growth in the fourth quarter.

Gao Shanwen, chief economist at Essence Securities, said in a Tuesday report in the China Business News that China's economy has gone through its hardest time.

"The economy is very likely to rebound moderately in the fourth quarter of the year," Gao said.

Analysts Hao Daming and Zhang Wei at Minsheng Securities agreed with Gao, saying that the upcoming holiday season and further government investment will drive up the economy by the end of the year.

But UBS Securities economist Wang Tao forecast that the economy may be slow to recover, as enterprises' profits are still on the decline due to dwindling orders and large stockpiles.

The economy may rebound after the fourth quarter this year, buoyed by enterprises' temporary completion of destocking and a possible decline in commodity prices, Wang said.

In the first nine months of the year, retail sales grew 14.1 percent year on year to 14.94 trillion yuan, while fixed-asset investment rose 20.5 percent year on year to 25.69 trillion yuan.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品夜色一区二区三区 | 欧美一级免费 | 99成人| 久久久久久久免费视频 | 欧美激情视频二区三区 | 超级成人97碰碰碰免费 | 欧美亚洲一区二区三区四区 | 蜜臀在线视频 | 久草新在线观看 | 国产永久在线视频 | 天天操国产 | 免费一级毛片在线播放欧美 | 一区二区三区高清在线 | 成人免费黄网站 | 亚洲成人日韩 | 免费观看成年的网站 | 女人叉开腿让男人桶 | 91蝌蚪在线播放 | 日韩在线免费电影 | 久久99国产精品久久99无号码 | 午夜精品视频在线 | 中文字幕一区二区三区乱码图片 | ak福利视频| 男人天堂中文字幕 | 久久只有这里有精品 | 亚洲AV久久无码精品九号 | 欧美日韩后 | 久久国产成人 | 色爱av | 日本在线观看中文字幕 | www.99色| 久久亚洲国产精品无码一区 | 99re国产 | 黄色特级一级片 | 亚洲午夜精品A片久久不卡蜜桃 | 91xxx在线观看 | 中文字幕一区二区三区四区五区 | 色大18成网站www在线观看 | 边摸边吃奶边做激情叫床文章 | 久久精品视频网站 | 久久久久久亚洲 |