Понедельник, 25 Октября, 2021

China's strong Q2 GDP growth paves way for deeper reforms

China's strong Q2 GDP growth paves way for deeper reforms China's strong Q2 GDP growth paves way for deeper reforms
Debra Rodriguez | 17 Июля, 2017, 16:50

Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual turnover of at least 20 million yuan.

The robust numbers kept world shares near a record high and briefly helped China's major stock indexes recoup earlier losses. The GDP deflator, a gauge of economy-wide inflation, came in at 4.5 percentage points - the difference between the nominal and real growth rate of output.

Thus, China managed to exceed its target of 6.5 percent growth, set by the government for 2017.

New construction starts measured by floor area were up 10.6 percent in the first half of the year, compared with a 9.5 percent rise in the first five January-May, the National Bureau of Statistics (NBS) said.

"The recent crackdown on financial risks has driven a slowdown in credit growth, which will weigh on the economy during the second half of this year". This means that investment growth has already peaked in Q1, and a softening can be expected in the coming quarters, Commerzbank reported.

However, growth is expected to slow over the remainder of the year as Beijing seeks to cool a red-hot housing market and attempts to rein in leverage.

Читайте также: US House Democrats introduce new Iran, Russia sanctions bill

Retail sales also exceeded forecasts, printing at 11.0% year-on-year (consensus: 10.6%) versus 10.7% in May.

At the National Financial Work Conference, President Xi Jinping clarified that regulatory tightening would continue quickly with a Commission for Financial Stability established.

While the economy steams along, the government is setting a wary tone: The front page commentary in the People's Daily, said China should not only be alert to "black swan" risks that catch people off guard but also more obvious threats.

Industrial production rose 7.6% year-on-year, while fixed asset investment investment increased 8.6% in the first half of the year.

Chinese economic growth topped expectations yet again in the June quarter with GDP expanding 6.9% from a year earlier.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2021 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Recommended

  • Blac Chyna's Mother Tokyo Toni Slams Caitlyn Jenner For Not Meeting Dream

    Blac Chyna's Mother Tokyo Toni Slams Caitlyn Jenner For Not Meeting Dream

    She added, "All that money you got, get a vocal coach, then I'm gonna finish with your motherf***ing a*s". Blac Chyna's mother, Tokyo Toni let loose on Caitlyn Jenner after Jenner's appearance on The View .
    'Gandhi-style' Liu Xiaobo dies of advanced liver cancer

    'Gandhi-style' Liu Xiaobo dies of advanced liver cancer

    As he passed "peacefully", his final words to his wife, poet Liu Xia, and other relatives were " live on well ", media reported . Global tributes poured in for a "hero" of democracy while human rights groups accused the government of "cruelty".

    Dow Jones Closes at Record High, Notches All-Time Intraday High

    Tiffany rose 1.9 percent as it named Alessandro Bogliolo, a veteran of the luxury industry, as its chief executive. Bank of America was the biggest drag on the S&P and Goldman Sachs shaved off 21 points from the Dow.
  • Moscow warns Venezuela crisis can spin out of control

    Moscow warns Venezuela crisis can spin out of control

    Zakharova said , making sure that the same number of diplomats work in the United States Embassy in Moscow and the Russian Embassy in Washington.
    Disney Unveils Star Wars Theme Parks

    Disney Unveils Star Wars Theme Parks

    More sneak peeks of Marvel's upcoming movies are revealed at D23 Expo, which is now happening in Anaheim , California . The never-before seen planet where it's set will feature both a Resistance base and a detachment of the First Order .
    Rain expected today; sunshine to return by Saturday

    Rain expected today; sunshine to return by Saturday

    Thursday will have rain chances continue be at 30% with scattered thunderstorms and partly cloudy skies. Tonight through Saturday midday: Fair to partly cloudy, hazy and breezy with local showers possible.
  • Accolades pour in for India for entering ICC Women's World Cup semis

    India would be aiming for their maiden World Cup win this time around which has been heavily dominated by Australia and England. Shikha Pandey dented New Zealand up front when she had Suzie Bates (1) caught in the slip.
    You'll Be Able to Buy Gran Turismo Sport on October 17th

    You'll Be Able to Buy Gran Turismo Sport on October 17th

    Gran Turismo Sport will finish the development race and take its spot in the PlayStation 4 circle when it launches on October 17. Gran Turismo Sport is coming to the PS4, the first major release since the last generation, and it's coming this October.
    Dorance Armstrong voted Big 12 preseason defensive player of the year

    Dorance Armstrong voted Big 12 preseason defensive player of the year

    The Sooners, last season's conference champion, edged out Oklahoma State for the top spot in the 2017 preseason poll. Coming up Thursday, the Big 12 releases its preseason poll with West Virginia expected to be middle-of-the-pack.
  • France urges Saudi-led bloc to lift sanctions on Qatari citizens

    France urges Saudi-led bloc to lift sanctions on Qatari citizens

    The French foreign minister is to travel to Saudi Arabia, Kuwait and the UAE. In return, the four countries vowed to impose further sanctions on Doha.
    This is how PlayerUnknowns's Battlegrounds next update gets a lot more hardcore

    This is how PlayerUnknowns's Battlegrounds next update gets a lot more hardcore

    The developer's community manager, Sammie Kang, chimed in on Twitter confirming that the update will also include an FOV slider . Seems PlayerUnknown's Battlegrounds is about to get even more intense.
    White House attacks CBO health care inaccuracy, misspells 'inaccurately'

    White House attacks CBO health care inaccuracy, misspells 'inaccurately'

    The White House fleshed out its anti-CBO case in a video that contains some very basic errors. The stakes on completing a budget are high for the Trump administration.

McGregor Backs Mayweather's Use of F**got: People Too Touchy! McGregor Backs Mayweather's Use of F**got: People Too Touchy! And in trying to defuse the situation when on stage at the Barclays Centre in NY , the UFC lightweight champion only inflamed it. A big reason for Kavanagh and White's gripe is over a video where Bayless dismisses the legitimacy of McGregor vs.

New bill with sanctions against Russian Federation presented in US House of Representatives New bill with sanctions against Russian Federation  presented in US House of Representatives On Thursday, they said they thought it could advance soon but on Friday said the North Korea issue made that less likely. House of Representatives on Wednesday evening, the Reuters news agency reported .

Treasury Yields Fall On Weak Inflation, Retail Sales Treasury Yields Fall On Weak Inflation, Retail Sales Japan's yen-sensitive Nikkei slid 0.4 per cent on the yen's gains but MSCI's dollar-denominated Japan index gained 0.5 per cent. The most-active US gold futures for August delivery futures settled up $10.20, or 0.84 percent, at $1,227.50 per ounce.

Disney's live-action Aladdin finally finds its stars Disney's live-action Aladdin finally finds its stars There has been much speculation about who will be taking on the roles in the Guy Ritchie remake of the 1992 hit film . The film was reportedly struggling to find a suitable actor to play Aladdin .

Afghan all-girl robotics team gains entry to the United States Afghan all-girl robotics team gains entry to the United States Afghanistan isn't one of the six countries targeted by President Trump's travel ban. Following backlash from human rights and political activists, the U.S.

Market Insights on Whiting Petroleum Corp (WLL) Therefore 25% are positive. 04/19/2017 - Occidental Petroleum Corporation had its " rating reiterated by analysts at Simmons. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas.

Growing sinkhole forces evacuation of homes Growing sinkhole forces evacuation of homes Shortly after our sister station ABC Action News arrived on scene, one of the homes collapsed into the sinkhole. The hole quickly grew to 200 feet wide - about two-thirds the length of a football field - and 50 feet deep.

Hammerson Plc (HMSNF) Reviewed By Analysts Hammerson Plc (HMSNF) Reviewed By Analysts KeyBanc Capital Markets maintained Multi-Color Corporation (NASDAQ:LABL) on Tuesday, May 30 with "Sell" rating. The stock of Anglo American plc (LON:AAL) has "Neutral" rating given on Wednesday, December 9 by Citigroup.

Trump criticized for commenting on First Lady of France's 'shape' Trump criticized for commenting on First Lady of France's 'shape' Kimmel pointed to the next portion of their meeting , which he said showed the 71-year-old Trump trying not to bring up her age. But it was not long into the question and answer session that the growing controversy surrounding Donald Trump Jr was raised.

Woman posing for a photo knocks over art installation worth $200000 Woman posing for a photo knocks over art installation worth $200000 It was labelled by the Los Angeles Times as being a "series of wondrous, over-the-top sets for the ideal selfie". When she crouches down, she suddenly knocks one over and causes a domino effect.

Christopher Wong Won (1964 - 2017) Christopher Wong Won (1964 - 2017) After making a name for himself in the music industry, he later went on to form his own record label called Chinaman Records . Although 2 Live Crew is identified as part of the Miami hip-hop scene, the group's genesis took place in California.

Celebrate National French Fry Day with FREE fries in Tampa Celebrate National French Fry Day with FREE fries in Tampa Many celebrated the holiday, including Chickie's and Pete's , which is offering its world-famous Crab Fries for $1 until midnight. Omaha Steaks: Visit any Omaha Steaks' location or order online to get a burger and an order of steak fries for only $2.99.

Aaron Rodgers wins best NFL Player and Best Play at ESPY Awards Green Bay Packers quarterback Aaron Rodgers is one of the game's best QBs, and may very well be one of the greatest of all time. Green Bay made it all the way to the NFC Championship Game before falling to that Atlanta Falcons on the road, 44-21.

Flash flood watch in effect until 9 pm Flash flood watch in effect until 9 pm At 9:46 a.m., Weather Service Doppler radar indicated thunderstorms producing heavy rain across the warned area. Rain will continue overnight and into Thursday before high pressure can get in here to dry us up for while.

Google Play Music's New Release Radio Now Open to All Google Play Music's New Release Radio Now Open to All But while you could indeed stream from Google Play Music to your smart speaker, you were only limited to what's on their online catalog.