Monday, November 15, 2010

Investment in internal reference

 First, investment in internal reference
Academy of Social Sciences forecast GDP growth of 11.6% this year, next year will fall 17
release Chinese Academy of Social Economics, faster than the previous year, GDP growth will reach around 11.6% next year, China's GDP growth rate will drop slightly, to maintain a level close to 11%.
earlier, according to data just released by National Bureau of Statistics, China's first three quarters of GDP reached 16.6 trillion yuan, up 11.5%. In the first three quarters, China's economic growth rate was 11.1%, 11.9% and 11.5%. Since 2003, China's GDP growth rate of 10% and in more than 10%. until 2007, economic growth has not declined, and are increased year after year.
Academy of Social Sciences of Quantitative and Technical Economic Research Institute, Wang Tongsan 17 in the Ninth Economist Forum recent times attention has been running in the emerging macroeconomic complex negative factors, in particular to pay attention to consumer prices rose significantly to keep the economy running smoothly on the possible impact of macroeconomic regulation and control continue to do work in deepening the reform and strengthening of economic restructuring while maintaining an appropriate national economy fast, stable and healthy growth of coordination.
if the international economic and political environment in 2008 does not occur have a significant impact emergencies, there are no large-scale domestic severe natural disasters and other major issues, under the influence of macro-control measures, GDP growth rate will drop slightly, to maintain a level close to 11%.
U.S. economic slowdown and other factors will adversely affect China's exports next year, but China In the Olympic year of consumption and investment demand will remain strong enough to withstand the negative impact of weaker external demand.
In addition, recently held the 2008 report on China's economic situation at the analytical level, the central bank monetary policy committee member said Fan Gang, Central banks inject liquidity to save the sub-prime crisis, China may face a greater problem of excess liquidity, further prevent the economy from overheating.
Fan forecast U.S. economic growth next year remained at about 1%. U.S. economic growth fell on limited impact on China's exports, the reason is that China's dependence on the U.S. market in the fall. At present, China's foreign trade transactions within the Asia-Pacific region accounts for foreign trade transactions of more than 40% of the total, even though the U.S. market fell, as long as the Asia Pacific market stable, exports will not be a big problem. Meanwhile, the yuan was devalued against the euro, making Chinese exports to Europe in a sense, replaced the U.S. market. 

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