日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

CHINA / National

Economy growth high despite tightening
(Reuters)
Updated: 2006-06-25 08:45

China's economy will grow at least 10 percent in the second quarter and in 2006 as a whole despite measures to cool down its booming economy, Chinese central bank governor Zhou Xiaochuan said on Saturday.

Speaking to reporters on the sidelines of the annual meeting of central bankers at the Bank for International Settlements in Basel, Zhou said: "I think probably for the entire year it's also something around 10 percent."


China's central bank governor Zhou Xiaochuan delivers a speech during the 'Seminar on Financial Infrastructure' in Beijing June 6, 2006. [Reuters file photo]

He said second-quarter growth would also be "probably quite high" at above 10 percent.

Despite measures to curb growth, recent data has suggested that China's economy is steaming ahead, with investment in factories and other fixed assets in the first five months of 2006 jumping 30.3 percent from a year before.

In the first quarter of 2005, China's economy expanded by 10.3 percent.

China surprised financial markets in April by raising interest rates for the first time in 18 months. It hiked its benchmark one-year lending rate to 5.85 percent from 5.58 percent.

The central bank also raised the amount of cash that banks have to hold in reserve by 0.5 percentage points earlier this month to rein in frenzied lending and excessive investment.

"The direction is to gradually tighten up," Zhou said.

However, Zhou said China did want to risk an economic slowdown.

"We have to try and keep growth stable and sustainable, not deliberately repress the potential of economic growth. China is still a developing country. We are trying to make a balance between economic growth and stability."

Zhou would not be drawn on whether China would allow its currency to strengthen further, an intense topic of debate for financial markets.

The yuan has now appreciated around 1.4 percent further since it was revalued by 2.1 percent on July 21, 2005, and freed from a dollar peg to float within managed bands.

"The currency now is on the market demand and supply relationship. The market changes time to time," he said.

Beijing has come under pressure from trading partners, particularly the United States, to allow its currency to rise to bring down China's massive trade surplus.

Zhou said the central bank paid attention to global developments, but the main focus was on domestic factors.

"I think that domestic equilibrium, domestic stability and currency stability are always more important considerations than international considerations," he said.

 
 

主站蜘蛛池模板: 三级视频在线看 | 三年中国中文观看免费播放 | 日韩黄色在线视频 | 91九色国产 | 国产一线av | 看免费黄色大片 | 日韩av免费网站 | 亚洲精品久久久久久一区二区 | 国产乱真实合集 | 青青青在线视频 | 精品福利在线观看 | 久久久免费观看 | 成人在线免费观看视频 | www.好了av | 人人玩人人干 | 99re在线精品视频 | 91小视频在线观看 | 免费看成人片 | 久久福利片 | 91视频免费网站 | 久久草草 | 极品少妇xxxx精品少妇偷拍 | 手机av免费在线观看 | 日韩成人精品一区二区 | 免费成人小视频 | 国产精品不卡一区 | 国产sm在线观看 | 国产一级久久久 | 日本加勒比中文字幕 | 欧美日韩色 | 国产成人三级在线观看 | 国产东北露脸精品视频 | 9l视频自拍九色9l视频成人 | 欧美91在线 | 一级片免费视频 | 亚洲ww | 亚洲热在线观看 | 草久久久久 | 四虎少妇做爰免费视频网站四 | 国精产品99永久一区一区 | 久热精品视频在线播放 |