Economic Growth

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The International Monetary Fund estimates that China's economic growth rate will reach 10% this year

China News Agency, Washington, April 21--The International Monetary Fund 21st estimated that the economy will grow by 10% per cent this year and 9.9% per cent next year.  The International Monetary Fund released its biannual World Economic Outlook report, which assesses the growth of the global economy this year and forecasts economic growth in major economies such as China, the US, the eurozone and Japan. China remains the brightest star in the International Monetary Fund's projected global economic list. In its report, the group maintained its January GDP growth in 2010 ...

Fed says economic growth picks up, announcing continued cuts in QE

Wednesday U.S. stock market closed, the S & P 500 index hit a new high. The Fed said economic growth had warmed up, announcing continued cuts in QE and reiterated that it would maintain a policy of low interest rates for "quite a long time". Fed Chairman Yellen's speech on the economy and the job market was welcomed by the market.   China's concept stocks rose in Wednesday, and the art Dragon Rose 13.59% to 16.72 dollars. U.S. East Time June 18 16:00 (Beijing time June 19 04:00), the Dow Jones industrial average rose 98.26 points, closed at 16,906 ....

The World Bank report predicts China's economic growth of 9% this year continues to lead the world

Xinhua Beijing, January 22, the Wednesday release of the 2010 Global Economic Outlook report that Asia's growth beyond the global, so that the Asian developing countries this year to face asset bubbles or overheating risk.  In addition, the report noted that in 2010 China will continue to lead the world with a growth rate of 9%, well above the global economic growth rate of only 2.7%. China will continue to lead the world by 9% in 2010, well above the global economic growth rate of 2.7%, according to the World Bank's 2010 Global Economic Outlook, Taiwan's economic daily quoted foreign reports as saying.

EU January consumer confidence to boost economic growth is expected to rebound

Brussels, January 21 (Xinhua) European Union and eurozone consumer confidence indices were higher in January this year than in the previous month, suggesting that consumption, which is an important engine of economic growth, is expected to rebound, according to a survey released by the Commission 21st.  The European Commission said that in January this year, the European Union's consumer confidence index rose from minus 14.3 in December to minus 13.3, while eurozone consumer confidence rose from minus 16.1 to minus 15.8. The consumer confidence index is an important economic indicator to reflect the public's willingness to consume. Increased confidence means that consumers are more optimistic about the economic outlook and revenue expectations ...

China's economic growth slows down, online payment industry patterns transform dark warfare upgrades

China's economic growth slowed under pressure from weak exports and a housing slump, the country is committed to encouraging consumption, expanding domestic demand and taking e-commerce as a new growth point, while 60% of banking operations have shifted from traditional outlets to electronic banks. According to Iris Consulting statistics, 2011 China's Internet payment industry overall transaction size reached 2.2038 trillion yuan, an increase of 118.1%.   In the market pattern, Alipay, Tenpay, UnionPay online payment are listed in the first three places. Alipay, Tenpay and UnionPay online payments were launched in 2011 with "fast pay" to improve ...

IMF President: Full support for China's balanced economic growth strategy

Beijing time November 17 Evening News, according to foreign media reports, IMF president Dominique Strauss-Kahn (Dominique director) said today that the IMF fully supports China's balanced economic growth model, the export of economic growth dependence on private consumption strategy.  Mr Strauss-Kahn said China needed to implement a series of policies to achieve a balanced economic growth target. "The reforms that China needs to make include allowing the renminbi to appreciate further," Mr. Strauss-Kahn said. He also called China's economic recovery "more and more certainty", and China's economic growth will be to promote "the rest of Asia ...

CIC Chairman: China's economic growth is gradually entering a new cycle

Sanya, March 27 (Xinhua) China Investment Co., Ltd., chairman Lou Jiwei, said 27th, China's economic growth has gradually entered a new cycle, as long as the policy is properly grasped and advanced measures are strong, the Chinese economy still has a lot of room for growth. In 2009, Mr Lou said, CIC held a good opportunity to stabilize the economy and rebound from the bottom of the capital market, and to gain better investment income. In the face of the complex economic and financial situation in the 2010, CIC will pay more attention to risk management and improve its investment management ability. ...

Ministry of Commerce: estimated 09 consumption to China's economic growth rate of 50%

BEIJING, January 15 (Xinhua) China's Ministry of Commerce spokesman Yao Jian 15th, said the 2009 consumption of China's economic pulling effect significantly increased, the annual consumption of economic growth is expected to contribute to more than 50%, about 6% higher than 2008.  Speaking at the Ministry of Commerce's regular press conference here, Yao said that the 2009 vigorous circulation and expanded consumption of a series of policy measures have achieved remarkable results and sustained strong domestic market. According to his introduction, December 2009, the Ministry of Commerce monitored the thousands of key retail sales enterprises increased by 15.2% Year-on-year, an increase of 10.3.

Geithner says U.S. priority is to revive economic growth and create jobs

WASHINGTON, November 1 (Xinhua) U.S. Treasury Secretary Timothy Geithner 1st acknowledged that the U.S. federal government has a high fiscal deficit, but said the government's top priority is to restore economic growth and create jobs.  In an interview with NBC, Geithner said the White House is concentrating on reviving the economy, and it is not yet time to decide on how to cut the deficit, but the government will certainly not increase the tax burden on citizens with a yearly income of less than 250,000 dollars. Mr Geithner pointed out that while the economy is already recovering, the recovery will not be smooth. The real economic recovery is not ...

World Bank to increase China's economic growth forecast to 7.2%

Xinhua Beijing, June 18, according to the Singapore "Lianhe Zaobao" Network news, the World Bank published "China Economic Quarterly", raised China's economic growth forecast to 7.2% this year, 3 months ago Forecast is 6.5%.  Growth forecasts for next year are 7.7%. The report notes that China's overall growth prospects are compared with the bank's estimate of 3 months ago, there has been some improvement, but the outlook for next year has changed little, although export prospects have been lowered again, but these effects were offset by the growth of domestic demand, and the real economy has improved compared with the 3-month forecast. Bank credit has grown far beyond the pre ...

Survey shows Chinese entrepreneurs optimistic about economic growth

Xinhua Beijing, April 26 (reporter Guo Xiaolan Bai Jiechun) China entrepreneur Survey system published by the State Council Development Research Center, China's business operators are optimistic about future economic growth expectations, business confidence has rebounded.  China entrepreneur Survey System 26th released the "2010 Quarterly Business Situation" survey showed that overall, business operators in 2010 China's GDP growth forecast of 9%, compared with the 2009 survey results increased by 0.8%. For the current macro situation, think one season ...

Dai Kebin said hunting net no listing pressure

DoNews, July 12 (Reporter Yu Weiwei) July 11, Hunting.com announced that it will formally move its global career development center Global Career Development Center (GCDC) to Tianjin TEDA Service Outsourcing Industrial Park. Why the global headquarters moved to Tianjin Development Zone? Dai Kebin CEO Hunting Network said that in the national coordinated development strategy of Beijing, Tianjin, Tianjin TEDA strategically located. Binhai New Area is the third pole of China's economic growth, with many advantages of pilot first. Tianjin...

Chinese Academy of Sciences predicts GDP growth of 10% this year

Experts say six types of unexpected factors are worth paying attention to Xinhua Beijing Channel February 7 (reporter Yua Ruifang, Wu Yu) The Chinese Academy of Sciences Forecast Scientific Research Center 6th released the 2010 China Economic important indicators of the latest forecasts, the 2010 GDP growth rate is expected to reach about 10%,  In 2009, the overall rebound to a good foundation, the 2010 China's economy will show a moderate upward trend. Among them, investment, consumption and net exports have driven GDP growth by 6.3%, 4.2% and 0.5% respectively. Quarterly observation, China's economic growth is basically high before ...

Wo Wheel Point of view: A-share rising power weakening attention to A50 warrants

June 22, 2009, the Hang Seng index on the 18,000 point, the early low opening 15 points after the concussion rose, the plate once rose nearly 500 to 18,399 points, the afternoon with a a-share narrow increase, back soft to 18,031 points, closed at 18,059 points, the increase of 0.77%,  The deal continued to decrease to HK $62.7 billion. U.S. stocks, the World Bank unexpectedly cut the global economic growth forecast, the overnight three major indexes fell more than 2%, including the S & P 500 is below the 900 key psychological points, close to a new low this month, and the ADR by this image ...

People's Daily: it is necessary to maintain moderate growth of revenue

This reporter Li Lihui 2010, the national revenue reached 8.308 trillion yuan, an increase of 21.3%.  How to see the rapid growth of fiscal revenue? Four factors influence the rapid growth of financial revenue of the Ministry of Finance, the official analysis, the rapid growth of the national revenue is mainly due to the following reasons: first, the rapid economic growth for the growth of revenue has laid a tax source base. In particular, with higher tax-related economic indicators increased faster, 2010-scale industrial growth increased by 15.7%, the social fixed asset investment growth of 23.8%, the total retail sales of consumer goods ...

Stable economic growth will support energy demand

BEIJING, April 23 (Xinhua) The head of the National Energy Bureau said 23rd, based on the continuity of macro-policy and a year to stimulate domestic demand for the construction of the cyclical, is expected to two quarters and even the first half of the macroeconomic will maintain a stable growth, internal and external need to continue to recover, will form a strong  It is expected that the overall balance of oil and electricity supply and demand in the two quarter is over and supply will fall. Zhou Xian, Director of the General division of the National Energy Bureau, said at the state Energy Bureau's first-quarter energy economic situation, the two quarter with China's economy gradually warmer, industrial production accelerated, transport continued to recover ...

A tax-starting point for a series of tax cuts next year could raise

Personal income tax, VAT, pre-tax deduction are all discussed in the ongoing local economic work conference, the determination of the 2010 revenue targets, basically with the 2009 agreement, did not rise with the economic situation improved.  December 23, Liu Huan, deputy Dean of tax school at the center of Finance and Economics, told reporters that from this year's situation, although the situation may be better next year, but some of the goals are relatively conservative, the expected next year's revenue target of 8%, and economic growth, but the actual revenue growth rate may be 10%. This reporter understands ...

Southern Weekend: Chinese interest rate hike may be in Tue

The uncoordinated state of the "exit" was revealed yesterday. May 4, Australia prepares banks (central bank) to raise the benchmark rate of 0.25% to 4.5% on 4th.  Australia's benchmark interest rate has risen from 3% last October, the Australian central Bank's sixth rise last October, and emerging economies that have raised interest rates in the past two weeks after India and Brazil, reflecting concerns about the risk of overheating in Asia-Pacific emerging markets. Like Australia, Brazil's central bank announced a 75 increase in benchmark interest rates on April 28, in an effort to rein in rapid economic growth and inflation.

Academy of Social Sciences: domestic 85% families unable to buy

Photo Sansing-According to the Xinhua news Agency, the 2010 Economic Blue Book, released yesterday by the economic Department of the Chinese Academy of Social Sciences and the Institute of Chinese Academy of Social Sciences, said that there would be no significant inflation in 2010, as demand for rigid has been released and investment demand will be suppressed, and prices will not rise rapidly  Asset prices will not rise sharply. "Economic Blue Book" pointed out that in the developed countries continued to turbulence adjustment, China's economic growth momentum from the government to the market, the continuity of economic growth, stability and improve the pattern of 2010 China's economic prospects ...

The Vice minister of Commerce said forcing the renminbi to appreciate would backfire (pictured)

March 24, China's vice minister of commerce, Zhongshan, attended a breakfast meeting in the U.S. business community in Washington, D.C. Xinhua News agency reporter Zhang June, Xinhua, Washington, March 24 (reporter Lina Liu Hong) China's vice minister of Commerce Zhongshan 24th in the Chinese Embassy in the United States and foreign reporters met, said the impact of the financial crisis, both sides are facing tremendous economic growth and employment pressure.  China and the United States should work together to tackle these problems, rather than looking for scapegoats for their own domestic problems, forcing the renminbi to appreciate will only backfire. Mr. Zhong said that the current Sino-US economic and trade relations are facing ...

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