Inflation pressure eases the "steady growth" conjecture of the economic downturn
inflation will deepen the cooperation pressure of product research and development and technology exchange to ease the "steady growth" conjecture of the economic downturn
China Construction machinery information
Guide: China's economic growth slowed down in the first half of the year, and carbon fiber composite materials with its light weight and high strength characteristics have become materials with great development potential for light structural parts in the automotive industry, In the second quarter, the year-on-year economic growth rate broke 8. The central bank cut interest rates twice in a month, which further confirmed the increasing downward pressure on the economy. What to do to achieve steady growth in the second half of the year has become the most concerned topic. According to the data of the National Bureau of Statistics
China's economic growth slowed significantly in the first half of the year, and the year-on-year growth rate in the second quarter was "above 8". The central bank cut interest rates twice in a month, which further confirmed the increasing downward pressure on the economy. What to do to achieve "steady growth" in the second half of the year has become the most concerned topic
according to the data of the National Bureau of statistics, calculated at comparable prices, the GDP in the second quarter of this year increased by 7.6% year-on-year, a new low since the second quarter of 2009, and also the first time in three years. 1. The performance characteristics of digital electronic tensile testing machine "broke eight". For the recent sustained decline in GDP growth, the Chinese economy has gradually entered the downward range
at the same time, China's economy is facing a difficult situation of "domestic troubles and foreign aggression". Europe is deeply mired in the debt crisis, and the U.S. economic recovery is weak. On the domestic side, domestic demand is weak, industry is weak, and some regions even have a "homecoming wave" ahead of time. Local governments have a constant impulse to fine tune property market policies. Analyzing the economy in the second half of the year, there are still many problems to be solved: will a new round of steady growth policies be introduced in the second half of the year? Is monetary policy further relaxed against the backdrop of reduced inflationary pressure? How to deepen the structural tax reduction when the tax revenue falls sharply? The central government has repeatedly shouted that "the regulation of the property market will not be relaxed", and the local "fine-tuning impulse" is difficult to suppress. Will the regulation of the property market continue to be strict in the second half of the year
question 1: will a new round of steady growth policy be launched
the economic growth slowed down significantly in the first half of the year. At present, the economic growth rate has fallen for six consecutive quarters, especially in the second quarter, the year-on-year economic growth rate fell below 8%. In the international environment of slow international recovery, what to rely on to achieve "stable growth" in the second half of the year has become the most concerned issue. Investment, consumption and export have always been described as the "troika" driving economic growth. Different from the emphasis on relying on consumption to stabilize growth at the end of last year, more emphasis is now placed on relying on the "troika" to coordinate growth
in terms of consumption, in the first half of the year, China's total retail sales of social consumer goods increased by 14.4% year-on-year, 2.4 percentage points lower than the same period last year; Fixed asset investment increased by 20.4% in nominal terms year-on-year, down 5.2 percentage points from the same period last year; Exports increased by 9.2%, and the total value of imports and exports increased by 8%, which is far from the annual target of 10%
Since the first half of the year, the central government has also issued a number of policies to stimulate the "troika" to drive economic growth. In terms of consumption, the central government allocated 36.3 billion yuan in May to promote energy-saving household appliances and other products; In terms of investment, the "new 36" implementation rules of various ministries and commissions have been issued, which will greatly expand the field and space of private investment, and some private investment forbidden areas have begun to "break the ice"; In terms of exports, the Ministry of Commerce said that it was working with relevant departments to support foreign trade enterprises in terms of easing the financial pressure of enterprises, increasing fiscal and tax policy support, improving the export credit risk guarantee mechanism, maintaining the stability of the exchange rate by pushing the pull plate back to its original position, and coping with trade frictionsin July, the central high-level officials frequently went to various places to investigate. According to China Securities News, 16, analysts said that accelerating infrastructure investment in the future is still the fastest way to stimulate economic growth. It is widely expected that after the mid year economic conference, relevant departments are expected to introduce a series of policies and measures aimed at promoting "stable growth" of the economy. According to the report, private investment will play a more important role in this round of "steady growth"
question 2: will monetary policy be further relaxed
in the first half of this year, inflationary pressure was further reduced, and CPI continued to decline. The year-on-year growth rate of CPI in June hit a new low since February 2010, providing more room for monetary policy adjustment. Under the background of "steady growth", the people's Bank of China cut interest rates twice, lowered the deposit reserve ratio twice, steadily increased the growth rate of money and credit, and implemented asymmetric interest rate cuts for the first time to support the real economy. Data from the central bank showed that new RMB loans reached 919.8 billion yuan in June, approaching the highest level since this year
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