April Cumulative urban fixed assets investment expected to increase 25.2%

Pan Ying May 6, the reporter to 37 institutions launched the "China Macroeconomic data April consensus forecast" survey showed that January-April urban fixed asset investment cumulative year-on-year growth of the survey mean 25.2%, median value of 25.9%, compared to 1-March 26.4% slightly lower.　　In addition, the maximum value for the survey is 28.5%, with a minimum value of 16%.　　"This is a normal fluctuation in the monthly investment data," Beijingers, deputy director of the Institute of Economic and Technology economics at the Chinese Academy of Social Sciences, said in a telephone interview that "the need to focus more on changes in the internal investment structure" is now needed. The data released April 15 by the Bureau of Statistics show that the first quarter of the National Real estate development investment 659.4 billion yuan, an increase of 35.1%, compared with 2009 year up 19%. "30% of the growth rate is very rapid, previously only more than 10, more than 20 growth," Beijingers said, "real estate investment from private investment, coupled with the same period of business start-up rate and foreign trade orders have increased, indicating the vitality of the private sector is strengthening, China's economic endogenous power is growing." "This trend is reflected in the report released by the central bank's survey and Statistics Division April 23."　　The report noted that Chinese private investment (non-state and state-controlled investment) rose 30.4% in the first quarter, 4.3% higher than the previous two months, creating a record high since December 2008, and for the first time since 2009, it surpassed state-owned and state-controlled investment growth. "This is an important change in investment data for April, indicating that private investment has started." "China Merchants Securities macroeconomic analyst Sheya in the telephone interview also expressed the same point of view," the private investment start-up and endogenous economic growth momentum of the strengthening of the 4 trillion stimulus policy has really been effective, so that the policy exit conditions. "However, since March, the Chinese government has adopted a series of regulatory measures against the booming real estate market, causing real estate sales to suddenly turn cold recently."　　"From the experience of the last regulation, real estate investment will generally be in the commercial housing sales area fell 6 months after the reflection, so the central cooling of real estate measures estimated in two or three quarters after the fixed assets investment data reflected," CITIC Securities macro-analyst Dr Sun Yuqun in a telephone interview with reporters. " "It makes sense that government regulation of real estate will curb investment growth, but central regulation is only to allow a modest fall in house prices to prevent overheating, so there is little risk of a significant decline, and fixed asset investment can maintain a high growth rate throughout the year." "Sheya said. "We expect the nominal growth rate of urban fixed assets investment to remain at around 26% per cent in 2010, which is a small difference from the 30.5% growth in the year to 2009," he said.　　"Beijingers said. The agencies involved in this survey include Bank of China, Bank of Communications, Guotai Securities, Everbright Securities, Haitong Securities, China Merchants Securities, BofA Merrill Lynch, Paris-France Securities, and Standard Chartered Bank.