China's economic rebound is clear

NDRC experts said that the first quarter is the trough two quarter is the inflection point three or four continued to rebound in Shenzhen recently held "deep meeting" signed 22 billion yuan, the economic recovery so that more investors bullish on the Chinese market often newspaper reporter Zhangxiao "according to Xinhua news agency, Shanghai, June 28,"　　Wang Yiming, executive vice president of the National Development and Reform Commission's Macroeconomic Research Institute, said 27th in Shanghai to participate in China's macroeconomic forum, under the stimulus of expansionary economic policies, the trend of economic recovery is gradually becoming clearer, but the challenges and risks in economic revival should be paid attention to, and the task of "protecting eight" is still very difficult.　　Wang Yiming said that the 2009-year quarter is the bottom of the cyclical decline, the three or four-quarter will show the trend to continue to rebound, two-quarter is "from low to High" the key to the transition. Wang Yiming said that as external demand continued to decline, domestic demand pull role in the enhancement. However, it is worth noting that domestic demand is mainly driven by government investment, private investment has not been followed up in time.　　While the market is expected to rebound, and will rebound from the economic stimulus quarterly, but in the process of economic recovery there are still many challenges and risks worthy of attention. Exports, the sharp decline is irreversible. Wang Yiming said that 2009 1-May exports fell 20%, even if the second half of the decline narrowed, the annual decline will be more than 10%. The export power disappears and the economy slides away naturally.　　China's GDP growth is unlikely to return to pre-crisis levels in two or three years.　　At the same time, investment enthusiasm has not fully mobilized, especially in many areas of private capital restrictions.　　The stability and sustainability of residents ' consumption have not been guaranteed, one is due to the increase of employment pressure, one is because of the lack of protection of farmers ' income and migrant income, and the slow growth of income of urban and rural residents has caused the residents ' consumption to be extremely unstable. Industry is affected by sluggish production and destocking, and the rebound remains sluggish.　　In the medium term, underlying inflationary pressures are increasing.　　Wang Yiming said that China's economy is now in a critical period of decline and stability, to take advantage of current opportunities, policy and economic adjustments.　　Authoritative Voice The State Council executive meeting: The key period of stabilisation and recovery June 17, Premier Wen Jiabao presided over the State Council executive meeting, stressed that China's economic operation is in a key period of steady recovery, the central government to respond to the international financial crisis and the policy package is correct and effective.　　The meeting stressed that China's economic operation is in a key period of steady recovery, we must unswervingly continue to implement a positive fiscal policy and moderately loose monetary policy, fully implement the package of measures to deal with the international financial crisis, and constantly enrich and improve according to the changing situation. The meeting pointed out that at present, the economic operation has positive change, the overall situation is stable and good.　　Mainly reflected in: investment growth rate continued to accelerate, consumption stability and rapid growth, domestic demand for economic growth, the pulling effect gradually increased, the industrial growth rate steadily rising; National Bureau of Statistics experts: economy has bottomed outBureau relevant experts 23rd on the official website of the National Bureau of Statistics published a signed article that the statistics and related administrative records show that the current economic growth in China has begun to rebound.　　The expert believes that, in the four quarter of last year, under the role of a series of national macro-control policies, China's economic operation has initially curbed the growth rate of the decline in the momentum, showing a positive change in corporate stability, and the cumulative increase in positive factors.　　The expert noted that whether from the GDP, industrial production growth, or from the steel production, power generation and other physical indicators, if there is no new big accident, the basic can be concluded that the current economy has bottomed out, the most difficult time has passed, the next stage of the economy is expected to stabilize the good.　　Standard and poor: China's rebound helped push Asia-Pacific in mid-June, a report by the global credit rating giant, standard and poor, said the Asia-Pacific economy may have bottomed out and China's economic rebound is crucial to the region's economic stability. "The analysis of data from the first quarter shows that China may play a crucial role in the stability of the region's economy," said Gogern, chief economist for the region. Many have raised expectations for China's growth this year, and we have made similar adjustments. The report says the pace of China's economic recovery has been modest, but has boosted exports to at least some economies in the region. The commodities sector also benefited markedly.