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

   

Industrial output growth accelerates in May

(Shanghai Daily)
Updated: 2007-06-14 13:18

China's industrial production growth unexpectedly accelerated in May, underscoring the government's efforts to cool the world's fastest-growing major economy was not effective enough, Bloomberg said today.

Output rose 18.1 percent in May from a year earlier, the National Bureau of Statistics said today, after gaining 17.4 percent in April. That compared with the 17 percent median estimate of 19 economists surveyed by Bloomberg News.

China's Premier Wen Jiabao said yesterday that monetary policy needs a ``moderate tightening'' to prevent the economy from overheating, suggesting the central bank may raise interest rates. Record trade surpluses have pumped money into the financial system, stoking investment, inflation and a stock market boom.

The central bank has raised interest rates twice this year and ordered lenders to set aside more reserves five times. The benchmark one-year lending rate is 6.57 percent and the deposit rate is 3.06 percent.

Output growth was the fastest since the 18.5 percent pace of January and February. Figures for those months are combined to eliminate distortions caused by the timing of Lunar New Year holidays.

Related readings:
 PPI slows on falling oil prices 
 
Industrial profits soar 43.8% in first 2 months
 Industrial added value up 18.3%

Find more in
Markets Watch  

For the first five months, industrial production climbed 18.1 percent from the same period last year, up from 16.6 percent growth for all of 2006.

``Strong industrial production in China reflects strong external and internal demand,'' said Shane Oliver, chief economist at AMP Capital Investors in Sydney. ``It's also too early for recent monetary tightening to have had an impact.''

Retail sales climbed 15.9 percent in May from a year earlier, the biggest increase in three years, and exports jumped 28.7 percent.

``Increases in lending rates and reserve requirements should help stabilize fixed-asset investment and industrial production this year,'' said Huang Haizhou, an economist at Barclays Capital in Hong Kong.

Inflation accelerated in May to 3.4 percent, the highest in more than two years.

Besides monetary policy, the government has tightened approvals of investment projects, curbed land use, increased energy costs, and cut export rebates to discourage wasteful spending on factories.

China last month started a campaign to cool excess growth in industries including iron, steel, copper, aluminum, zinc and cement that pollute and consume energy heavily.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 成人午夜在线免费观看 | www超碰在线 | 国产a网站 | 97潮色| 日韩在线视频一区二区三区 | 少妇又色又紧又黄又刺激免费 | 国产精品美女久久久久久 | 乳色吐息樱花 | 一区二区三区高清不卡 | 日本免费精品 | 午夜免费网站 | 亚州久久久 | 在线观看黄色av网站 | 五月婷婷一区二区 | 一二三不卡 | 91免费视频入口 | 日日夜夜狠狠爱 | 日韩在线一二三区 | 国产色综合视频 | 深夜福利成人 | 亚洲妇女毛茸茸 | 欧美黄色一区二区三区 | 韩国视频一区二区 | 污的视频在线观看 | 天堂中文在线视频 | 亚洲成网站 | 91麻豆精品国产 | wwwxxx在线播放 | 蜜臀99久久精品久久久久小说 | 亚洲熟妇毛茸茸 | 99国产精品| 成人自拍视频在线观看 | 天天爽夜夜爽视频 | 四虎在线视频 | 欧美一区二区三区在线观看视频 | 久久亚洲区| 国产在线播放av | 亚洲一区二区三区视频在线 | 亚洲午夜免费视频 | 日韩精品中文字幕在线播放 | 99re7|