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

China's investment growth up in May, outlook still grim

(Xinhua) Updated: 2015-06-11 16:28

China's investment growth up in May, outlook still grim

BEIJING -- China's fixed asset investment recovered slightly in May due to improved manufacturing and property sectors, but economic slowdown continues, official data showed.

Investment expanded 9.9 percent year on year in May, up from 9.6 percent registered in April, data from the National Bureau of Statistics said on Thursday, marking rare rebound in growth amid the current lackluster economy.

The marginal improvement was attributable to robust investment in manufacturing and property, both of which saw faster growth than in previous months.

However, May's data were not sufficient to prove an overall recovery.

Investment in the first five months rose 11.4 percent from a year earlier to 17.12 trillion yuan ($2.8 trillion), retreating from the 12-percent level registered in the Jan.-April period this year.

The slowdown was mainly attributed to a serious drop in lending and fewer major construction projects due to the global economic climate, said NBS senior analyst Wang Baobin.

The Chinese economy expanded 7 percent year on year in the first quarter, down from 7.3 percent registered in the fourth quarter of 2014.

Slower growth in fixed-asset investment, which used to be a strong engine for China's fast economic growth, is seen as a key factor in slower GDP growth.

In response, policy makers have hastened fiscal spending to support faltering growth.

The top economic planner, the National Development and Reform Commission announced Wednesday it has approved seven new infrastructure projects including railways and airports worth more than 120 billion yuan.

Analysts expect more projects will be on the horizon and further easing measures are in the pipeline.

Further breaking down fixed asset investment in the Jan.-May period, primary industry saw investment grow the most rapidly at 27.8 percent year on year, while that in secondary industries slowed to 9.6 percent. Investment growth in tertiary industry dropped to 12.1 percent from the previous year, also lower than the Jan-April level.

The calculation does not include fixed-asset investment by farmers. It includes projects with investment of at least 5 million yuan, as well as all property development projects.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 汕头市| 张家口市| 朝阳市| 光山县| 揭东县| 乐清市| 临潭县| 长垣县| 广东省| 奉节县| 洛浦县| 平山县| 鹿泉市| 德昌县| 渭南市| 吉首市| 唐河县| 宁城县| 安国市| 阜新市| 买车| 千阳县| 从江县| 彭山县| 梧州市| 南雄市| 历史| 武山县| 社会| 灵宝市| 环江| 桐梓县| 衡南县| 四子王旗| 高邑县| 石门县| 凉城县| 浠水县| 密云县| 新乡市| 沁源县|