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

   

Economy grows at blistering pace

By Zhao Huanxin (China Daily)
Updated: 2007-07-20 08:43

The Chinese economy rose by 11.5 percent in the first half of 2007, continuing on a "sound and rapid" path which needs some "adjustment", officials and researchers said yesterday.

The gross domestic product (GDP) hit 10.68 trillion yuan ($1.39 trillion) in the first six months, growing 0.5 percentage points higher than a year ago, the National Bureau of Statistics (NBS) said in its quarterly release.

The GDP is expanding much faster than the year's target of around 8 percent, largely because industrial and taxation policies had spurred economic growth; and economies elsewhere in the world grew faster than expected at the onset of 2007, bureau spokesman Li Xiaochao said.

"We are keeping a close watch on what direction (China's) accelerated economic growth is taking," Li told a press conference. "But whether or not the economy is overheated is a complex issue that should be viewed from different angles."

The consumer price index (CPI), a major gauge of inflation, went up to 4.4 percent in June - a 28-month high - and 3.2 percent in the first half. But the rise of core CPI, after deducting food and energy prices, rose only 0.9 percent in the first half, he said.

Price hikes of foodstuffs, mainly grain, meat and fowl and eggs, contributed significantly to the rise of CPI, said Li. Food makes up a third of the CPI basket.

Lin Yueqin, an expert on macro-economy at the Chinese Academy of Social Sciences, said he believes the growth rate will be maintained for the full year.

Related readings:
  GDP grows 11.5% in first half
 Food price rise a major driving force for 1st-half CPI
China capable of controlling fixed assets investment growth 
 GDP grows annual average of 9.67% from 1978 to 2006
 GDP grows 11.1% in first quarter
 NDRC predicts over 3% CPI rise for 2007

 Central bank: CPI to grow 3.2% in 2007

"The country needs high growth to address issues such as unemployment," Lin said. "The crucial point is that development should consider energy and environment constraints and be based on an optimized structure."

For example, local governments should refrain from recklessly pursuing GDP growth by investing in sectors that guzzle energy and spew out pollution, he said.

The tertiary industry, where investment has been far less than in primary and secondary industries, should be further boosted, Lin said.

Li conceded that systemic and the structural problems still exist in the economy.


(For more biz stories, please visit Industry Updates)

      1   2     


中卫市| 邵阳县| 安福县| 青海省| 镇雄县| 射阳县| 巴塘县| 民权县| 巧家县| 卓尼县| 通山县| 湟中县| 洪江市| 军事| 镇原县| 青铜峡市| 瑞丽市| 八宿县| 高碑店市| 仁化县| 巨野县| 大足县| 班玛县| 衡山县| 扎鲁特旗| 五峰| 湘阴县| 广灵县| 罗田县| 顺平县| 元氏县| 深州市| 石城县| 同德县| 喀喇| 会同县| 天祝| 庆城县| 乐业县| 章丘市| 承德市|