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

   

BIZCHINA / Biz Who

Zhou Xiaochuan: Growth high despite tightening
(Reuters)
Updated: 2006-06-27 10:59

China's economy will grow at least 10 percent in the second quarter and in 2006 as a whole despite measures to cool down its booming economy, Chinese central bank governor Zhou Xiaochuan said on Saturday.


Zhou Xiaochuan, governor of the Chinese central bank. [baidu.com] 

Speaking to reporters on the sidelines of the annual meeting of central bankers at the Bank for International Settlements in Basel, Zhou said: "I think probably for the entire year it's also something around 10 percent."

He said second-quarter growth would also be "probably quite high" at above 10 percent.

Despite measures to curb growth, recent data has suggested that China's economy is steaming ahead, with investment in factories and other fixed assets in the first five months of 2006 jumping 30.3 percent from a year before.

In the first quarter of 2005, China's economy expanded by 10.3 percent.

China surprised financial markets in April by raising interest rates for the first time in 18 months. It hiked its benchmark one-year lending rate to 5.85 percent from 5.58 percent.

The central bank also raised the amount of cash that banks have to hold in reserve by 0.5 percentage points earlier this month to rein in frenzied lending and excessive investment.

"The direction is to gradually tighten up," Zhou said.

However, Zhou said China did want to risk an economic slowdown.


(For more biz stories, please visit Industry Updates)

 
 

中西区| 新宁县| 香格里拉县| 当阳市| 钟祥市| 长春市| 台东市| 那坡县| 横峰县| 吕梁市| 镇原县| 商水县| 昆山市| 白朗县| 万年县| 巴楚县| 云梦县| 故城县| 佛山市| 行唐县| 新乡县| 肃南| 荆门市| 凤城市| 资中县| 正镶白旗| 都兰县| 政和县| 天柱县| 通化市| 安仁县| 乌鲁木齐市| 南康市| 双桥区| 格尔木市| 海安县| 长葛市| 绿春县| 东光县| 利辛县| 荆州市|