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

  Home>News Center>Bizchina
       
 

Analysts expect China to revise GDP by 20%

(AFP)
Updated: 2005-12-19 10:04

China will leapfrog Italy, France, and Britain to be officially recognized as the world's fourth-biggest economy if, as expected, it revises up its 2004 gross domestic product by nearly 300 billion dollars, analysts said.

"As if China's economy was not growing fast enough, thanks to a statistical revision, growth in 2005 looks like being about 30 percent," Standard Chartered economist Stephen Green said in a research note.

China's National Bureau of Statistics is expected to announce Tuesday the results from the country's first nationwide economic census, which, according to Hong Kong's South China Morning Post, will show that China's GDP has been understated by some 300 billion dollars.

"The recent national economic survey has apparently found another 2.4 trillion yuan (296 billion dollars) worth of output," Green said.

The new-found figure is equivalent to 17.5 percent of last year's GDP.

"Most of the extra output is in services since the statistical apparatus is not that good at measuring the sector," Green said.

"The change will also affect our understanding of investment. It is still growing fast, but the economy should become a little less dependent upon it."

Officials from the statistics bureau refused to comment, but a spokeswoman from the cabinet-level China Economy Census Office, the office that took the census, told AFP that such media reports were "baseless".

"The specific GDP figures will be published on December 20. What has been reported in various media is baseless," the spokeswoman, who refused to identify herself, told AFP.

Green said the revised figures would greatly bolster per capita GDP, while lowering China's external debt in terms of its percentage to GDP as well as the country's burdensome non-performing-loan/GDP ratio.

"The IMF ( International Monetary Fund) was looking for domestic debt at year-end 2005 to be worth 19.6 percent of GDP. That can now be revised down to about 16 percent," Green said.

Other analysts agreed that the revised figures would allow the Chinese government to spout more good news about its booming economy, but expressed caution about the intentions behind the move.

"They are making this announcement for two purposes. The government has been criticized for over-investment, so this will make the investment a smaller percentage of GDP," Andy Xie, chief Hong Kong-based economist for Morgan Stanley, told AFP.

"Also they want to sustain optimism, especially optimism among foreign investors."



 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 伊宁市| 徐水县| 韩城市| 青阳县| 收藏| 张家口市| 永宁县| 海门市| 确山县| 上栗县| 师宗县| 乌海市| 佛冈县| 淳化县| 本溪| 乌拉特前旗| 福安市| 固始县| 湛江市| 台中县| 布尔津县| 四会市| 越西县| 德格县| 福泉市| 连州市| 虹口区| 临城县| 高尔夫| 梅州市| 东港市| 清水河县| 桓台县| 石城县| 家居| 吴堡县| 南宁市| 彭泽县| 彭阳县| 建阳市| 邯郸县|