男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Macro

Economic growth higher than expected in Q1

By GAO CHANGXIN in Shanghai (chinadaily.com.cn) Updated: 2014-04-16 13:56

China's economy grew by a better-than-expected 7.4 percent in the first quarter of 2014, the National Bureau of Statistics said on Wednesday.

The rate is the slowest since 2012 as

Other economic data published on Wednesday showed economic activities started to gained momentum in March. March activity data showed factory output grew 8.8 percent from a year earlier, slightly below forecasts of 9 percent expansion but 0.1 percentage points higher than the 8.7 percent average in January and February.

Economic growth higher than expected in Q1

Economic growth higher than expected in Q1

March retail sales also beat expectations with an annual increase of 12.2 percent, compared to predictions of a 12.1 percent gain.

Fixed asset investment rose 17.6 percent in the first three months of the year, 0.3 percentage points lower the average of January and February, as Beijing deepens its efforts to eradicate excessive investment and industrial overcapacity.

NBS said last week that inflation remained low in March, meaning Beijing has more room to stimulate growth if it deems that necessary to meet its full year target of 7.5 percent. The consumer price index, the main gauge of inflation, grew 2.4 percent year-on-year in March. The index dropped 0.5 percent from February.

Guan Qingyou, an analyst at Mingsheng Securities, said the 7.4 percent growth in the first quarter slightly beat his expectation. The government won't have to take "strong measures" to stimulate growth and any macro-economic policy tone will be fine-tuning, he said.

Lu Zhengwei, Shanghai-based chief economist at Industrial Bank, said he is optimistic that growth will pick up to 7.5 percent in the second quarter, but worried by the fact that stimulus measures achieved limited results over the latest round of the slowdown. A strong yuan hurt exports in the first quarter, he added, and Beijing should make foreign exchange rate reform the priority in its reform agenda.

Li Daxiao, Beijing-based chief economist with Yingda Securities, said the growth rate will recover in the second quarter and the negative impact on the stock market will wane. Blue chips already have a strong foundation, which means that the overall stock market is anchored on a strong base, Li said.

Economic growth higher than expected in Q1

Economic growth higher than expected in Q1

Economy shows 'optimistic changes': Li

Manufacturing under lingering pressure? 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 融水| 姜堰市| 壶关县| 松原市| 措勤县| 鹤山市| 紫阳县| 静海县| 乾安县| 津南区| 刚察县| 吉木乃县| 多伦县| 木兰县| 慈溪市| 清流县| 天峻县| 志丹县| 酒泉市| 水富县| 璧山县| 邹平县| 南京市| 车险| 屯门区| 水富县| 旌德县| 长宁区| 石台县| 镶黄旗| 平果县| 罗山县| 东宁县| 霍城县| 渝中区| 大埔县| 南阳市| 交城县| 大姚县| 灌云县| 博白县|