CPI prices will start to rebound after bottoming out at the end of the year

Xinhua Beijing October 30 (reporter Yiu Junfang, wang) The People's Bank of China Investigation and Statistics Division 30th issued the "2009 three quarter macroeconomic Situation analysis" forecast, future loan demand will remain stable, CPI prices will start to rebound after the end of this year. The first 9 months of this year, China's new 8.67 trillion yuan loans, more than 5.19 trillion yuan. The Central Bank survey and Statistics Division reported that, from the trend of credit, as the earlier projects have been started still need a large amount of credit funds to maintain, coupled with the rise in real estate investment, loan demand will remain stable.　　Structure, medium and long term loans will continue to increase significantly, Bill financing will continue to decrease, SME loans and "three rural" loans will continue to three quarters of the development trend, further growth.　　In terms of price volatility, the report points out that the central bank's measured CPI consistent composite index is still in a downward phase, but the decline slowed and showed signs of bottoming, and that the future CPI prices would start to rebound after the end of the year. In terms of economic growth, the report predicts that China's economic growth will continue to grow steadily towards a better future. The economic sentiment index monitored by the Central bank's investigation and Statistics Division shows that the consistent composite index of industrial added value and the advance composite index have already bottomed out.　　The report predicts year-on-year GDP growth of 2009 years will continue to rebound, with GDP growth of more than 8% a year. According to the report, we should pay close attention to the adjustment of economic structure, do well the management of inflation expectation, restrain the overcapacity of some industries, guide the financial institutions to optimize the credit structure, enhance the sustainability of loan growth and achieve steady and rapid economic development.