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 / Economy

China Q2 GDP seen steady at 7.4%, recovery in sight

(Agencies) Updated: 2014-07-07 15:01
China Q2 GDP seen steady at 7.4%, recovery in sight

A worker examines a pumpjack at a PetroChina oil field in Panjin, Liaoning province June 30, 2014. [Photo/Agencies]

China's economy probably steadied in the second quarter with annual growth holding firm at 7.4 percent, a Reuters poll showed, suggesting that a recovery is taking hold as a flurry of government stimulus measures kick in.

All but three of the 21 analysts polled by Reuters predicted that growth either stabilized or edged up between April and June, reinforcing the view that authorities have successfully arrested a cooldown with a modest loosening in policies.

Indeed, even though economists expect the headline growth rate to cling to an 18-month low of 7.4 percent, they also believe that China's export and manufacturing sectors likely enjoyed their best performances in several months in June.

China Q2 GDP seen steady at 7.4%, recovery in sight
Li feels central region's pulse

China Q2 GDP seen steady at 7.4%, recovery in sight
Chinese premier rules out economic hard landing 
"We expect China's upcoming June and second-quarter data to show an economy that is still recovering," UBS analysts said in a note to clients.

"With more easing measures underway and an ongoing export recovery, sequential growth momentum should warm up further in the third quarter."

Exports are forecast to rise 10.6 percent in June from a year ago, faster than May's 7 percent expansion and the best showing in five months. Imports likely snapped back into positive territory, growing 5.8 percent, after May's 1.6 percent drop.

Growth in China's trade sector has gained traction in recent months, helped by an improving US economy and as the government gave exporters more tax breaks, credit insurance, and currency hedging options.

Manufacturing output, which accounted for 45 percent of China's gross domestic product in 2012, is forecast to have grown 9 percent in June, up a shade from May's 8.8 percent.

Faced with the need to cut China's dependence on exports and investment for growth, Beijing tried earlier this year to convince investors it is willing to slightly miss its annual growth target in exchange for better-quality growth.

But authorities seem to have since changed their minds after weak data early in the year.

Premier Li Keqiang said last month that he expects the 2014 GDP growth target of 7.5 percent to be met or exceeded and vowed the economy would not suffer a hard landing.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
贺州市| 临夏县| 伊宁县| 奉化市| 泗洪县| 河间市| 宣化县| 高陵县| 那坡县| 望江县| 微博| 柳州市| 烟台市| 呼伦贝尔市| 青铜峡市| 南溪县| 平阳县| 房产| 渝北区| 宣城市| 前郭尔| 邓州市| 察哈| 鱼台县| 宽甸| 竹山县| 宁河县| 开平市| 长白| 普宁市| 高清| 宁国市| 冷水江市| 务川| 资溪县| 班戈县| 成安县| 缙云县| 枣阳市| 镇雄县| 兴海县|