国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Logistics industry

China's logistics industry slows in 1st half

(Xinhua) Updated: 2012-07-21 17:06

BEIJING - China's logistics industry saw tempered growth in the first half this year amid the slowest economic growth experienced by the country since 2009, a logistics association said Saturday.

The China Federation of Logistics and Purchasing (CFLP) said in a statement posted on its website that the total value of the sector for the first six months grew by 10 percent year on year to 83.6 trillion yuan ($13.25 trillion).

The growth rate was down 3.7 percentage points from the same period last year and down 0.9 percentage points from the first quarter this year, the federation said.

Total expenses rose 11.9 percent year on year to 4.1 trillion yuan, down 6.4 percentage points from a year earlier, the CFLP said.

"Growth in logistics expenses dropped to some extent, but remained relatively high," the statement said.

The expenses represented 18 percent of China's GDP during the same period, much higher than the ratio in most developed economies.

The federation expects the sector's value to grow by 11 percent for the whole year, as the number of favorable factors will increase in the second half due to macroeconomic regulatory policies.

China's economy expanded 7.6 percent year on year in the second quarter of 2012, slowing from 8.1 percent in the first quarter, data from the National Bureau of Statistics showed.

The growth rate marked the sixth consecutive quarter of decline and marked the slowest rate since the first quarter of 2009.

China pared its GDP growth target for 2012 to 7.5 percent from 8 percent in March in the face of a persistent slump in the United States and spreading debt woes in the European Union.

To buoy the economy, China has adopted a string of pro-growth measures, including lowering the reserve ratio for banks to boost lending, subsidizing energy-saving household electrical appliances and speeding up approval for major construction projects.

In its latest move, the central bank recently cut the benchmark interest rate for the second time in a month to inject liquidity into the market.

Hot Topics

Editor's Picks
...
吴川市| 奎屯市| 太谷县| 西乌珠穆沁旗| 毕节市| 南雄市| 蓬莱市| 安新县| 油尖旺区| 洛浦县| 治县。| 卓资县| 区。| 紫金县| 福建省| 英吉沙县| 青川县| 宁海县| 榆中县| 丽水市| 措美县| 瑞安市| 万源市| 满洲里市| 廉江市| 黄骅市| 方城县| 托克逊县| 宁都县| 澄江县| 丰镇市| 罗田县| 白银市| 萝北县| 汕尾市| 平凉市| 石楼县| 无为县| 普宁市| 玉溪市| 循化|