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

Center

China's FAI slows as measures take bite

(Shanghai Daily)
Updated: 2007-03-18 11:30
Large Medium Small

Related readings:
China's FAI slows as measures take bite Urban fixed asset investment up
China's FAI slows as measures take bite Investment cools slightly in 2006
China's FAI slows as measures take bite China posts double-digit growth in returns for telecom services
China's FAI slows as measures take bite 
State-owned enterprises invest US$131b in fixed assets

China's fixed-asset investment (FAI) in the first two months of the year rose 23.4 percent, slower than last year's average clip, in a sign that government austerity measures helped curb unwanted capacity, according to government data released yesterday.

The country's expenditure on urban roads, factories and otherfixed assets totaled 653.5 billion yuan (US$84 billion) in January and February, the National Bureau of Statistics said.

The growth in the first two months was slower than the 24.5 percent climb in 2006 because the central government took measures, including raising banks' reserves to curb lending and damp over-investment.

The January-February figure also slowed from a 26.6 percent increase in the first two months of last year.

A slew of economic figures released this month showed that China's economy is still on a fast growth path and there is abundant liquidity. The country's trade surplus hit US$23.76 billion last month, the second-highest monthly figure. Money supply added 17.8 percent in February, the fastest in six months.

Consumer prices rose 2.7 percent last month, picking up from a 2.2 percent rise in January while industrial production soared 18.5 percent in January and February combined.

"Based on the macroeconomic figures for the first two months, we believe the possibility of monetary tightening is increasing but the timing may be not ripe," said Chen Wenzhao, a Changjiang Securities Co analyst.

"As supply gradually catches up with demand, we think growth in fixed-asset investment will gradually slow this year."

Investment in the coal sector gained 2.3 percent to four billion yuan in the first two months while it added 3.3 percent in the oil and natural gas industry to 11.2 billion yuan, the bureau said.

In the power and heating production and supply sectors, investment jumped 11.7 percent to 54.3 billion yuan last month.

Chinese Premier Wen Jiabao told reporters?on?Friday?that the country's economic growth is still dependent too largely on investment and exports.

Wen said the economy faces instability including rapid increases in investments and bank lending, excessive monetary liquidity as well as imbalances in trade and international payments.

分享按鈕
嘉峪关市| 云安县| 永泰县| 梁山县| 嘉祥县| 九江市| 平遥县| 渭源县| 石门县| 凌源市| 甘泉县| 鄢陵县| 体育| 米易县| 沅江市| 句容市| 沙雅县| 安化县| 巴里| 淳化县| 资源县| 邳州市| 思南县| 巴彦县| 陆河县| 涿州市| 金乡县| 疏勒县| 绥芬河市| 阳曲县| 泗水县| 岚皋县| 乌审旗| 宝丰县| 南川市| 葵青区| 勃利县| 东明县| 乡城县| 同德县| 宜兴市|