综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Industrial output rises 17%

(Bloomberg)
Updated: 2007-05-16 10:29

China's industrial production climbed 17.4 percent in April as exports and retail sales accelerated in the world's fastest-growing major economy.

Related readings:
Retail sales up 15.5% in April
Retail sales up during May holiday

That was close to the 17.5 percent median estimate of 18 economists surveyed by Bloomberg News. The National Bureau of Statistics released the figure today. Industrial production climbed 17.6 percent in March.

Premier Wen Jiabao is concerned a record trade surplus and a stock market boom will fuel excessive spending on factories, leading to overcapacity, falling prices and bad loans. Fixed- asset investment in urban areas probably jumped 25.3 percent in the first four months from a year earlier, according to a Bloomberg News survey of economists.

"Strong industrial production figures may suggest that fixed-asset investment is picking up and that's not what the government wants," said Glenn Maguire, chief Asia economist at Societe Generale SA in Hong Kong. "We can expect another interest rate increase and more bank reserve ratio hikes if investment takes off again."

For the first four months, industrial output rose 18 percent from the same period last year. Growth for all of 2006 was 16.6 percent.

The government will release fixed-asset investment figures at 10 a.m. tomorrow. Spending on factories and property rose 29.6 percent in the first four months of last year. It slowed to 24.5 percent for 2006 as a whole.


(For more biz stories, please visit Industry Updates)



化州市| 湟中县| 汝城县| 北碚区| 湾仔区| 秀山| 和硕县| 法库县| 玉龙| 荆门市| 高陵县| 宁河县| 肥西县| 屯昌县| 昂仁县| 巩留县| 锡林郭勒盟| 杂多县| 陵川县| 吉林省| 鄂托克旗| 申扎县| 锦屏县| 江孜县| 辉县市| 金坛市| 工布江达县| 元阳县| 商河县| 陇南市| 明光市| 赤水市| 磴口县| 广昌县| 西充县| 韩城市| 册亨县| 湘潭县| 禹城市| 寿宁县| 同江市|