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

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

$25b projects, bonds to sustain growth

By Xin Zhiming | China Daily | Updated: 2017-08-19 08:58

China approved big-ticket investments for 22 fixed-asset projects in July, up from 11 in June, and launched new bonds in an attempt to maintain stable economic growth, the National Development and Reform Commission said on Friday.

The state planner said it will also renew efforts to boost private investment.

Analysts said the moves will help offset the effect of financial regulatory tightening and real estate cool-off and help the country maintain stable growth in the coming months.

The 22 projects are valued at 165.5 billion yuan ($24.8 billion) and mainly in the energy, water conservancy, transport, and high-tech sectors.

They are expected to drive high-quality growth and better meet public demand for infrastructure and facilities, said Meng Wei, spokeswoman of the NDRC, at a news conference.

Not just project numbers, even their value rose from June. The 11 projects approved in June were valued at 29.6 billion yuan.

The expected investment boom will likely help bolster China's overall fixed-asset investment, which increased by 8.3 percent year-on-year in the first seven months, down from 8.6 percent for the January-June period.

The commission has also launched two special bonds recently for supporting rural industrial development and development of industries that help improve people's quality of life, such as health, elderly care, education and training, culture, sports and travel, Meng said.

The trend of issuing bonds to support development of selected industries started in 2015, when the commission launched nine special instruments for supporting strategically important industries, innovation, power grid and environmental industries, among others.

"Such special bonds will help cushion the negative effect of tightened monetary regulation on growth," said a research note of investment bank UBS.

The NDRC said it will also make more efforts to encourage private investment, which is crucial for economic growth and job creation.

The government will simplify investment approval procedures for private investors and encourage private investors to participate in public-private partnership or PPP projects in infrastructure and public utility fields, the spokeswoman said.

Most of China's economic indicators in July weakened, triggering concerns that growth may ease in the coming months.

But any such easing would likely be moderate and China will not face the danger of economic meltdown, said a CITIC Securities report.

UBS on Monday raised its forecast of China's GDP growth for 2017 to 6.8 percent from 6.7 percent.

$25b projects, bonds to sustain growth

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
黄石市| 盱眙县| 广昌县| 南安市| 石城县| 喀喇沁旗| 平陆县| 台中县| 修文县| 永福县| 于都县| 张北县| 云龙县| 鱼台县| 阿拉善左旗| 桐庐县| 墨脱县| 祁门县| 塘沽区| 乐至县| 绥芬河市| 清水河县| 贞丰县| 长春市| 龙山县| 南和县| 鄄城县| 库尔勒市| 英山县| 前郭尔| 社旗县| 循化| 陈巴尔虎旗| 日喀则市| 灌云县| 营山县| 莎车县| 绥中县| 栖霞市| 云南省| 彰化县|