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

Business / Economy

World Bank pares 2014 outlook

By Chen Jia (China Daily) Updated: 2014-04-08 07:33

World Bank pares 2014 outlook

Workers prepare steel frames for a bridge on the Lianyungang-Yancheng railway in Ganyu, Jiangsu province. The State Council announced pro-growth measures on April 2, including railway investment and urban renovation programs. SI WEI/CHINA DAILY

Analysts say economy is on the mend after a weak start for industrial output

The World Bank has lowered its forecast for China's economic growth this year to 7.6 percent from 7.7 percent, taking into account soft data on industrial output and exports in the first two months of the year, the multilateral organization said in a report on Monday.

It has maintained its 2015 forecast at 7.5 percent.

World Bank pares 2014 outlook

World Bank pares 2014 outlook

The bank said: "While the growth rate of industrial production has slowed, and exports contracted in the first two months of 2014, the trend is nevertheless strengthening, and we expect quarterly growth to rise at midyear as external demand from the high-income countries solidifies."

Some analysts have said that the Chinese economy probably began to rebound in March, although first-quarter growth may fall though the government's "bottom line" of about 7.5 percent. These analysts estimated first-quarter GDP growth at 7.2 to 7.4 percent.

But the economy is on the mend, and that will be evident in the second-quarter figures, which will get a lift from the government's "fine-tuning", said a report from The Australia and New Zealand Banking Group Ltd.

The State Council, the country's cabinet, announced pro-growth measures on April 2, including railway investment, urban renovation programs and tax breaks for small businesses. Analysts said those steps indicate the government aims to avoid a sharp slowdown and stabilize near-term growth.

Power generation, rail cargo volumes and crude oil processing activity in March all showed signs of improvement. Surveys also found rising business confidence.

According to the National Development and Reform Commission, from March 1 to 24, electricity output increased 8.4 percent year-on-year, compared with 5.5 percent growth in the first two months.

Further evidence of an economic rebound came in stronger export data, in the form of higher orders in the official and HSBC Holdings Plc manufacturing Purchasing Managers' Indexes for the first two months.

World Bank pares 2014 outlook

Top 10 figures in 2014 govt work report 

World Bank pares 2014 outlook

Experts: GDP growth target reasonable 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
益阳市| 多伦县| 青河县| 全椒县| 类乌齐县| 巴林右旗| 惠水县| 合山市| 海口市| 虎林市| 宁阳县| 独山县| 黔西| 大余县| 秭归县| 镇坪县| 衡水市| 平塘县| 获嘉县| 云浮市| 涪陵区| 象州县| 德保县| 密山市| 琼结县| 明光市| 香港 | 嘉荫县| 江川县| 潞西市| 隆安县| 简阳市| 三都| 琼中| 科技| 彭水| 修文县| 当涂县| 滕州市| 瓦房店市| 石林|