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China's economic report card announced the next phase of economic trends and macro-control

Return list source:Harverla international freight browse: Release date:2017-06-13

           2017 first quarter of China's economic report card announced, is expected to usher in a "good start"". In the macro-control, analysts said, the macro-control to maintain concentration, to maintain the continuity and stability of macroeconomic policies, as long as the economy is running at a reasonable range, must insist on maintaining stability, focusing on long-term supply side structural reform.
           The National Bureau of statistics will hold a press conference on the operation of the national economy today, releasing macroeconomic data such as gross domestic product (GDP) in the first quarter of this year. China's economy is expected to make a good start in the first quarter, according to previously released indicators and official releases.
           A quarter of the economy or usher in a "good start""
           2017 is an important year for the implementation of the "13th Five-Year" plan, to the first quarter of this year China economic operation situation, with much attention.
           "Our preliminary judgment, in the first quarter, China's economy to achieve a good start." The Policy Research Office of the national development and Reform Commission Director and spokesman Yan Pengcheng 13, said at a news conference, China economy continued good momentum in the three quarter of last year to the first quarter of this year, maintained a good development trend of steady progress, steady.
           Earlier disclosure of some economic data also confirms the Chinese economy started a good judgment. Among them, a quarter of the total electricity consumption grew 6.9%; railway freight volume growth of 15.3%; March manufacturing PMI was 51.8%, 6 consecutive months remained above 51%; a quarter of imports and exports grew 21.8%, exports grew 14.8%, imports grew by 31.1%; a quarter of the central enterprises realized a total profit of 312 billion yuan, an increase of 23.2%.
Chinese International Economic Exchange Center Deputy Chief Economist Xu Hongcai told reporters that the China economy continued last year to stabilize the trend of the first quarter, investment growth picked up, certain achievement of supply side structural reforms, is expected in the first quarter GDP growth of around 6.8% in the fourth quarter of last year, with the growth rate unchanged.

           How about the next phase of the economy?
           For a period of time in the future economic trends, Xu Hongcai believes that affected the real estate market regulation, the two quarter of the real estate investment and housing consumption growth slowed, the overall consumer demand in the short term is difficult to rebound sharply, is expected in the two quarter the economy still faces some downward pressure, but from the point of view, is still expected to achieve the expected target of about 6.5% the.
           A quarter of China's economic report card announced today, is expected to usher in a "good start"". Minsheng securities research report pointed out that, with further tightening regulation of real estate, real estate and infrastructure investment will be affected, subject to financial pressure can only support the annual economic growth is expected to trend from high to low, stable overall.
           China's economic report card announced today, institutions expect GDP growth of 6.8%
           Reporters noted that the current mechanism of first quarter economic growth forecast Chinese generally optimistic, Wind information from the data show that the average forecast of 23 institutions in the first quarter GDP growth was 6.8%, higher than the full year target of about 6.5%. In order to cope with the downtown pressure on the economy, China International Economic Exchange Center Deputy Chief Economist Xu Hongcai suggested that we should do everything possible to increase people's income, promote consumption growth, while continuing to promote public entrepreneurship, innovation, efforts to increase employment, the employment situation remained stable.
           In the macro-control, Xu Hongcai believes that the macro-control to maintain concentration, to maintain the continuity and stability of macroeconomic policies, as long as the economy is running at a reasonable range, must insist on maintaining stability, focusing on long-term supply side structural reform.
           In the short run, we should also increase the flexibility of the policy. Monetary policy should put the risk prevention in a prominent position, especially the liquidity risk." Xu Hongcai said, in addition, we must ensure that prices in the first tier cities are not volatile, and maintain the smooth development of the property market.