男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
Chinadaily.com.cn
 
Go Adv Search

GDP could grow by 8.6%

Updated: 2012-04-18 10:13

By Chen Limin in Hong Kong (China Daily)

  Comments() Print Mail Large Medium  Small

China's GDP is forecast to grow 8.6 percent this year if the government eases its monetary policy, the Hongkong and Shanghai Banking Corp Ltd said in a report released on Tuesday.

The government reported 8.1-percent growth in the first quarter.

"The first quarter is the weakest quarter for China, but there is improvement in economic growth," said Frederic Neumann, managing director and co-head of Asian economic research at HSBC.

The bank's forecast is higher than the target of 7.5 percent set by the government in March.

The bank also forecast growth next year would improve to 8.8 percent.

It expects the government to carry out "at least another 100 basis points of reserve requirement ratio cuts in the first half and a 25 basis point rate cut toward the middle of this year" to encourage consumption and revive the economy.

China has lowered reserve requirement ratios twice since November, but it hasn't changed interest rates since the latest increase in July.

GDP growth could slow to 7 to 7.5 percent, a "hard landing in Chinese economic terms", without further economic stimulus from the government, Neumann said.

The central bank widened the daily trading limit of the yuan against the US dollar to 1 percent from the previous 0.5 percent, effective from Monday.

"This is a very reassuring message to the market because it means support measures are not just adding more money ... but also signaling ... that we are willing to push ahead with reform," he said.

The International Monetary Fund on Tuesday raised its forecast for China's economic growth to 8.2 percent this year, up 0.1 percentage point from its January prediction.

The World Bank has cut its forecast for China's growth rate this year, saying it may drop to a 13-year low. It forecast a growth of 8.2 percent, compared with the 8.4 percent it estimated in January.

Reducing interest rates should be the "last resort" to shore up economic growth as rates in China are relatively low, according to Ardo Hansson, the World Bank's lead economist for China.

"The real driver of growth is private consumption for this year and the next two years," said Neumann.

chenlimin@chinadaily.com.cn

主站蜘蛛池模板: 江川县| 吉木萨尔县| 长顺县| 木兰县| 丽江市| 榆社县| 大埔区| 循化| 东乡族自治县| 藁城市| 南川市| 澎湖县| 金湖县| 广丰县| 化州市| 沁阳市| 南雄市| 建水县| 沂南县| 姜堰市| 西丰县| 闽清县| 嵩明县| 阜宁县| 库车县| 漳州市| 巴楚县| 沁水县| 沂南县| 六枝特区| 靖宇县| 青神县| 玉树县| 习水县| 嘉禾县| 陇南市| 徐水县| 安陆市| 鄱阳县| 鄂伦春自治旗| 九龙城区| 永川市| 太湖县| 门源| 枣阳市| 大渡口区| 清丰县| 广元市| 保康县| 中方县| 胶南市| 固阳县| 乡宁县| 错那县| 赣州市| 特克斯县| 涡阳县| 图木舒克市| 宽甸| 论坛| 黑河市| 桐柏县| 漯河市| 乐昌市| 阿勒泰市| 疏勒县| 丹凤县| 探索| 常德市| 嘉黎县| 衡南县| 锦州市| 绥江县| 迁西县| 琼结县| 潜山县| 遵义市| 城市| 宁陕县| 平顺县| 宣化县| 巨鹿县|