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 / Economy

Government to banks: Increase investment

By Wang Yanfei (China Daily) Updated: 2016-05-05 09:25

The nation's top planning authority pledged on Wednesday to adopt more proactive measures to expand investment in order to sustain the economic recovery.

Following the new lending boom in the first quarter, the government will actively encourage commercial banks to issue credit and attract investment from the private sectors in the second and third quarters, when more construction projects are expected to start, according to a statement by the National Development and Reform Commission.

Fixed-asset investment surged 10.7 percent year-on-year during the first quarter, as government-led investment in infrastructure construction "played a vital role", the statement said.

Official data show that by the end of the first quarter, investment in infrastructure projects reached 1.5 trillion yuan ($230 billion), an increase of 19.6 percent year-on-year.

"Thanks to the government's pro-growth measures and efforts made in supply-side structural reforms, progress made since last year has paid off," said Zhao Qinghe, a statistician at the National Bureau of Statistics. "Data for fixed-asset investment in the first quarter indicates a favorable economic outlook."

"Although the Purchasing Managers' Index in April dropped slightly to 50.1 from March's 50.2, it is still within a reasonable range," Zhao said.

A reading above 50 indicates expansion, while a reading below 50 reflects contraction.

Luo Wenbo, an analyst at Zhongtai Securities, expected that investment in infrastructure projects will continue to grow in the near future, as top leaders have pledged to roll out proactive fiscal policies.

Meanwhile, economists said that more efforts are needed to address some of the key challenges to sustain the good start to the year, as downward pressure still exists.

Chen Daofu, a researcher at the Development Research Center of the State Council, said more measures must be taken to boost investor confidence, noting that private investment growth, which accounts for 62 percent of fixed-asset investment, increased by only 5.7 percent in the first quarter.

"Government-led projects will not play a role to the full extent if private investment does not pick up," Chen said. "The government should provide the necessary incentives and profitable projects to attract private investment to sustain growth."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 彰化市| 益阳市| 昌江| 辛集市| 毕节市| 朔州市| 体育| 石楼县| 兴安盟| 岳西县| 遵义市| 昌宁县| 师宗县| 囊谦县| 阿克苏市| 行唐县| 离岛区| 长治市| 枣强县| 新营市| 自治县| 西贡区| 岑巩县| 旺苍县| 北碚区| 五河县| 东阳市| 涿州市| 乐东| 合山市| 余江县| 长春市| 延安市| 达州市| 汤原县| 本溪| 高陵县| 荆州市| 闽侯县| 冀州市| 保山市|