www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

China's GDP growth could dip under 9%

Updated: 2011-09-07 07:55

By Chen Jia (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - The growth rate of China's economy is likely to fall below 9 percent next year, pulled down by the deteriorating economic momentum of the largest developed countries, a senior currency regulation official said on Tuesday.

China's GDP growth could dip under 9%

A worker assembles an air conditioner at Gree Electric Appliances Inc's factory in Zhuhai, Guangdong province. The purchasing managers' index (PMI) in August rose to 50.9 year-on-year from the 29-month low of 50.7 in July. [Photo/China Daily]

Huang Guobo, the chief economist at the State Administration of Foreign Exchange, said weakening demand in global markets is expected challenge the country's export-driven economy.

"If the situation continues into next year, China's GDP growth rate may decrease to less than 9 percent," he said at a forum in Beijing. If so, it would be the first time this has happened since 2001.

China might face more imported inflationary pressure because of soaring commodity prices, which have been lifted higher by mass liquidity, Huang said.

According to the National Bureau of Statistics (NBS), the GDP growth rate in the second quarter was 9.5 percent, down from 9.7 percent in the first quarter, a decline economists attributed to the steadily tightened monetary policy.

Premier Wen Jiabao said last week that the government should "pay attention to the cumulative and lagging effect of monetary policy" amid the complicated economic conditions in China and abroad.

Many economists have said there will be less room for the central bank to further raise the interest rate and reserve-requirement ratio for the rest of this year.

The purchasing managers' index (PMI) in August, released by the China Federation of Logistics and Purchasing, rose to 50.9 year-on-year from the 29-month low of 50.7 in July, signaling a rebound in manufacturing.

However, Chang Jian, an economist at Barclays Capital Inc, still forecast slower GDP growth in the third quarter at close to 9 percent and below 9 percent in the last quarter.

"We believe GDP growth is still on track to slow to around 9 percent in 2011 from 10.3 percent in 2010," he said.

Last week, UBS AG also downgraded its forecast for China's GDP growth from 9.3 percent to 9 percent in 2011 and from 9 percent to 8.3 percent in 2012.

Huang said that the global economy is caught in the deteriorating sovereign debt crisis of some large economies, especially in Europe, and reduced worldwide market confidence. "That will threaten China's economy in the future," he said.

Huang said that the 10.7-trillion-yuan ($1.67 billion) local government debt is healthy and safe now because most of it is supported by valuable assets and infrastructure construction investments.

He suggested increasing transparency in bond markets and improving the market pricing mechanism for local debt.

主站蜘蛛池模板: 亚洲毛片一级巨乳 | 97精品国产91久久久久久 | 亚洲人成免费网站 | yy6080久久亚洲精品 | 久久99久久99 | 大美女香蕉丽人视频网站 | 99精品在免费线视频 | 99精品在免费线视频 | 欧美激情免费观看一区 | 欧美午夜视频一区二区三区 | 亚洲精品中文字幕一区 | 美国全免费特一级毛片 | 久久99久久99精品 | 撸天堂 | 台湾三级香港三级经典三在线 | 九九视频在线观看视频23 | 久久综合88| 欧美午夜不卡在线观看最新 | 亚洲视频手机在线 | 日本一级大黄毛片免费基地 | 中国二级毛片 | 国产精品专区第二 | 国产成人免费观看在线视频 | 国产区香蕉精品系列在线观看不卡 | 亚洲最新| 日韩精品久久久免费观看夜色 | 亚洲最大情网站在线观看 | 久久国产免费观看 | 亚洲精品日韩一区二区 | 俄罗斯美女毛片 | 在线播放国产真实女同事 | 久久99久久99精品 | 欧美精品hdvideosex4k | 欧美国产成人精品一区二区三区 | 男女午夜视频 | 91av国产在线 | 亚洲国产精品一区二区久 | 精品国产理论在线观看不卡 | 成年人在线观看网站 | 免费一级在线 | 精品欧美一区二区在线观看欧美熟 |