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

US EUROPE AFRICA ASIA 中文
Business / Economy

China slashes taxes, fees to shore up growth

(Xinhua) Updated: 2015-04-10 09:48

BEIJING - The Chinese government announced a package of relief measures Wednesday to stimulate businesses and prop up the real economy against increasing downward pressure.

The State Council, China's cabinet, decided to cut industrial electricity prices and resource taxes on iron ore as well as eliminate "capricious" official fees for firms during a weekly executive meeting.

The move is the country's latest effort to tackle an economic slowdown amid concerns of a possible slip in the first quarter.

The price of power consumption for industrial and commercial purposes will be cut by about 1.8 yuan ($0.3) per 100 kWh, favorable news for large energy consumers in nonferrous metals, steel, cement and chemicals.

"After the adjustment, business costs from electricity use will be reduced -- a boon to corporate profitability and healthy growth of the real economy," said Zhang Zhanbin, an economics professor from the Chinese Academy of Governance.

Analysts forecast firms will save more than 80 billion yuan this year under the new price.

China's total electricity consumption, considered an indicator of the economic climate, fell 6.3 percent from a year ago in February, dragging down the growth rate of the first two months to 2.5 percent and adding to worries about sagging industrial performance.

Ouyang Changyu, deputy secretary general of the China Electricity Council, predicted power use will increase 1 percent in the first quarter, short of previous market expectations of 2 percent.

Economic indicators on factory activity and foreign trade for January and February were also lackluster, fanning pessimism about the performance sheet of the world's second-largest economy for the first quarter, which is usually the weakest period of the year.

Policymakers have lowered the economic growth target for 2015 to around 7 percent after growth slowed to a 24-year low of 7.4 percent in 2014.

Major economic indicators, including GDP for the first quarter, are scheduled to be released by the National Bureau of Statistics on April 15.

A research note from the Chinese Academy of Social Sciences predicted growth in the first three months to slow to 6.85 percent year on year, adding that achieving the full-year target will be difficult.

Su Jian, an economics researcher at Peking University, said the lower growth goal for this year is achievable, but still needs policy stimulus.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久久久久久精 | 最新不卡av | 亚洲精品免费在线观看 | 国产成人av一区二区三区在线观看 | 伊人网中文字幕 | 色吊丝中文字幕 | 极品魔鬼身材女神啪啪精品 | 一区二区三区在线免费观看视频 | 日本一区二区三区中文字幕 | 97久久人国产精品婷婷 | 激情四射av | 国产不卡在线 | 欧美精品久久久 | 亚洲国产日韩在线观看 | 精品麻豆视频 | 91精品一区二区 | 日韩av在线免费播放 | 欧美网站在线 | 97在线观看免费视频 | 欧美在线一级 | 久久爱伊人 | 伊人网在线免费观看 | 黄色一级片欧美 | 国产日产av | 色婷婷激情网 | 日本一二三不卡视频 | 精品一区二区三区日韩 | 91精产国品 | 欧美天堂在线 | 自拍视频一区二区 | 亚洲欧美精品 | 免费高清欧美大片在线观看 | 国产伦精品一区二区三区四区视频 | 色99999| 成年人在线免费观看视频网站 | 国产精品久久久久久一区二区三区 | 97精品视频| 好·色·先·生t∨ | 欧美性高潮 | 精品视频一区二区三区在线观看 | 国产精品久久网 |