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
  Home>News Center>Bizchina
       
 

China may overtake France in economy
(Bloomberg)
Updated: 2006-01-23 09:12

Room For Growth

Annual growth averaging 9.6 percent over the past 25 years made houses, cars and mobile phones affordable to millions of consumers. China is now the world's largest mobile-phone market, with more than 380 million subscribers, and the fastest-growing major car market for Ford and General Motors Corp. Ford's car sales in China jumped 46 percent last year, it said Jan. 16.

There's still room for growth. Only eight in 1000 Chinese owns a car, according McKinsey & Co. Mobile-phone penetration stood at 29 percent in November. In neighboring Hong Kong, under Chinese rule since 1997, there are more cell phone accounts than people.

China's retail sales probably gained 13 percent in 2005 and may maintain that pace this year, the National Development and Reform Commission said Dec. 27. For December alone, retail sales probably rose 12.7 percent, according to a Bloomberg survey.

``You have within China a core of people in the urban areas with significant incomes and you are beginning to see some pick-up in their consumption,'' Steven Dunaway, deputy director of the International Monetary Fund's Asia and Pacific region, said in a telephone interview from Washington.

Still, China had more than 100 million people living in poverty at the end of 2004, more than the population of Germany, and average per capita income ranked 129th in the world at about $1500, behind Egypt and Iran, statistics bureau commissioner Li Deshui said on Dec. 20.

The government abolished agriculture taxes from Jan. 1 this year and is raising thresholds on income tax, increasing minimum wages and civil servants' salaries. Even so, measures adopted so far will likely only provide a temporary boost to consumer spending, said Dunaway of the IMF.

``If the government wants a long-term solution, it has to have a properly functioning financial system to give people access to credit, and increase spending on health, education and pensions,'' he said. ``That could substantially diminish the strong savings motive among households and give them the confidence to increase spending.''


Page: 123


 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 甘泉县| 古交市| 梧州市| 从江县| 博客| 青冈县| 佛冈县| 宁乡县| 北安市| 宁国市| 锡林郭勒盟| 木里| 永修县| 区。| 龙江县| 汝阳县| 百色市| 浦北县| 南木林县| 申扎县| 秦安县| 普兰店市| 车致| 郎溪县| 新泰市| 阿尔山市| 民勤县| 彭泽县| 新宁县| 太湖县| 宜宾市| 澄迈县| 呼玛县| 讷河市| 隆回县| 无为县| 济宁市| 新密市| 满洲里市| 贵德县| 上蔡县| 延吉市| 龙胜| 开化县| 时尚| 绍兴市| 寻甸| 扬州市| 绩溪县| 红原县| 嵩明县| 承德市| 迁西县| 淳安县| 汉沽区| 刚察县| 洮南市| 平遥县| 酒泉市| 砀山县| 阿拉尔市| 甘泉县| 乌拉特后旗| 任丘市| 阿克苏市| 泉州市| 洪雅县| 陆川县| 华池县| 沙坪坝区| 邢台县| 名山县| 宜都市| 涿州市| 策勒县| 二连浩特市| 剑川县| 宁远县| 青河县| 景谷| 邹平县| 枣阳市|