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

   
  home feedback about us  
   
CHINAGATE.OPINION.Macro economy    
Agriculture  
Education&HR  
Energy  
Environment  
Finance  
Legislation  
Macro economy  
Population  
Private economy  
SOEs  
Sci-Tech  
Social security  
Telecom  
Trade  
Transportation  
Rural development  
Urban development  
     
     
 
 
Rapid start to new plan


2006-04-21
China Daily

The 10.2 per cent growth of the Chinese economy in the first quarter demonstrates how promptly the country is carrying out its new five-year development plan.

Double-digit growth of the gross domestic product (GDP) has heralded a good beginning to the 11th Five-Year Plan (2006-10), in terms of the speed of economic development.

However, a faster than expected growth is not the only requirement to deliver the nation's new development strategy.

To pursue the goal of energy-saving and environmentally friendly growth, the policy-makers must pay more attention to problems that robust GDP growth alone cannot fix, if not frustrate their solutions.

Much public concern has been focused on the rapid growth of investment and bank loans.

Investment in fixed assets in the past quarter jumped to 1.39 trillion yuan (US$173.5 billion) with a sharp growth of 27.7 per cent, or an increase of 4.9 percentage points year on year. Meanwhile, Chinese banks granted 1.26 trillion yuan (US$157.3 billion) of loans, up 14 per cent over the same period last year, using up half of the target credit supply for the whole year.

The close relationship between breakneck investment growth and soaring bank loans is obvious. And given the absence of significant change either in the growth model of the national economy or the performance of domestic banks, it is reasonable to question the efficiency of funds involved in these investments and loans.

Actually, the State Council was already so alert to the situation that it outlined measures last Friday to avert a possible economic overheating by tightening controls on fixed assets investment and money supply.

Not that the 10.2 per cent growth of GDP, still mainly fuelled by an investment boom, should be a cause for caution. In retrospect, though on the fast side, the first quarter growth figure still falls in the range of the country's growth potential that averaged 9.6 in the past 27 years.

Yet when compared with the 7.5 per cent growth target for the 11th five-year period, a second look at the latest statistics is necessary. Progress in expanding the country's goods and services output should not blind us to the other key growth goals the economy has yet to meet.

Improvement of energy efficiency has been included as a top priority of the country's development strategy. And a 4 per cent reduction in energy intensity is this year's target.

But latest statistics do not show any progress on this aspect. Partly as a result of sizzling growth of fixed assets investment, the generation of electricity and output of coal have increased respectively 11.1 per cent and 12 per cent to outpace that of GDP. In other words, the country's consumption of energy for per unit GDP has not declined as expected, but increased.

Considering the current growth momentum, it would not be difficult for the country to reach its GDP growth goal this year.

Nevertheless, to make the beginning year not only a fast but a good start for the new Five-Year Plan, policy-makers need to come up with more aggressive actions quickly to lay a solid foundation for the realization of other critical development goals like the reduction of energy intensity.

 
 
     
  print  
     
  go to forum  
     
     
 
home feedback about us  
  Produced by m.orobotics.cn. All Rights Reserved
E-mail: webmaster@chinagate.com.cn
主站蜘蛛池模板: 波多野结衣一区在线 | 自拍偷拍亚洲区 | v片在线看 | 亚洲午夜久久久久国产 | 国产精品天天爽夜夜欢张柏芝 | 欧美三级欧美成人高清www | 一级毛片观看 | 在线满18网站观看视频 | 综合欧美视频一区二区三区 | 刺激一区仑乱 | 在线看欧美日韩中文字幕 | 亚洲国产精品专区 | 国产三级视频在线播放 | 欧美成人精品动漫在线专区 | 欧美午夜视频一区二区三区 | 亚洲欧美日产综合在线看 | 超级乱淫视频aⅴ播放视频 超级碰碰碰在线观看 | 国产精品精品国产一区二区 | 欧美日韩精品国产一区在线 | 日韩字幕一中文在线综合 | 成人在线免费网站 | 久草在线在线 | 一级片在线观看视频 | 日本高清乱偷www | 男人和女人的做刺激性视频 | 夜夜春夜夜夜夜猛噜噜噜噜噜 | 高清一区在线 | 欧美成人在线影院 | 日本一二线不卡在线观看 | 草草影院永久在线观看 | 国产精品日本一区二区在线播放 | 欧美精品videos | 国产精品免费视频一区二区三区 | 99久久综合 | www.91久久 | 亚洲精品欧洲一区二区三区 | 久久黄色片 | 国产成人福利视频在线观看 | 美女一级毛片免费看看 | 一级美国乱色毛片 | 午夜性色福利视频在线视频 |