三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

  Home>News Center
       
 

Investment growth in high gear
By Xu Binglan (China Daily)
Updated: 2004-11-18 01:57

China's investment growth, a leading force buoying the country's rapid economic development, remained in high gear in October despite a moderate slow-down. But the growth of real estate investments, also a closely-watched figure, is also on the rise.

Nationwide fixed asset investment grew by 29.5 per cent on a year-on-year basis during the January-October period, the National Bureau of Statistics said yesterday. This compared to 29.9 per cent during the first nine months.

That indicates that the rate for October alone was around 25 per cent, still quite a high figure.

China's gross domestic product (GDP) grew by 9.5 per cent in the first three quarters of this year, which economists say they believe is too fast.

In 2002, China's GDP rose by 8 per cent -- a more acceptable and sustainable rate -- while fixed asset investment rose 16 per cent.

Led by booming investment in the real estate sector, investments in many sectors rocketed during the first quarter of this year.

Fixed asset investment rose a superheated 47.8 per cent during that period, which prompted the central government to take a slew of cooling-down measures. New investment in steel, aluminum and cement was banned. Converting farmland for industrial use was also strictly restricted.

Those measures brought fixed asset investment growth rate down to 31 per cent for the first six months.

However, many analysts say the key underlying reason for the rapid investment growth -- the red-hot property sector -- still provides incentive for fast growth because low interest rates encourage both developers and home buyers to invest money.

After months of deliberation, the central People's Bank of China raised the interest rate, for the first time in nine years, late last month. But the interest rate increase's effects on investment growth still need time to go to work.

At the end of October this year, investment growth in the real estate sector was still high.

The National Bureau of Statistics said investment in the sector climbed by 28.9 per cent during the first 10 months. The rate is 0.6 percentage points higher than the figure for the first nine months.



 
  Today's Top News     Top China News
 

Beijing vows to crush independence attempt

 

   
 

Visit strengthens partnership with Argentina

 

   
 

Mystery disease in Hk may be viral infection

 

   
 

Investment growth in high gear

 

   
 

Netcom IPO to increase expansion

 

   
 

US technology helps reduce car emissions

 

   
  Visit strengthens partnership with Argentina
   
  Council promotes Sino-African co-operation
   
  New clinics help addicts give up drug
   
  More foreign investment comes to vast west
   
  Disease destroying pine forests in Guangdong
   
  Bigger storage lures Chinese to get new e-mail
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
More foreign investment comes to vast west
   
Urban investment growth slows down
   
Foreign investment soars in 10 months
   
Foreign investment soars in 10 months
   
State assures deposit safety
   
Overseas investment encouraged with loans
   
Overseas investment encouraged with loans
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 欧美在线观看一区二区三区 | 日韩亚洲一区二区三区 | 看看免费a一片欧 | 无码精品一区二区三区免费视频 | 色网址在线 | 亚洲欧美综合乱码精品成人网 | 色爱区综合激月婷婷激情五月 | 日韩精品1区 | 亚洲精品视频免费看 | 高清国产一区二区三区 | 一道本色 | 免费国产综合视频在线看 | 亚洲日本中文字幕一本 | 成人人观看的免费毛片 | 999久久久国产 | 麻豆传媒官网入口 | 免费特黄视频 | 免费中文字幕不卡视频 | 国产成人亚洲毛片 | 综合视频网 | 入逼视频 | tom成人影院新入口在线 | 亚洲国产国产综合一区首页 | 亚洲精品乱码国产精品乱码 | 欧美bbwhd极品另类 | 日韩在线 在线播放 | 丰满美女福利视频在线播放 | 青青草国产97免久久费观看 | 亚洲综合男人的天堂色婷婷 | 亚洲一页| 在线亚视频 | 一区二区三区四区视频在线观看 | 免费观看一级欧美在线视频 | 特黄特黄特色大片免费观看 | 麻豆传媒2021精品传媒一区 | 久久香蕉国产线看免费 | 午夜国产在线 | 一区二区成人国产精品 | 色天天久久| 日韩大片免费看 | 欧美一区二区精品系列在线观看 |