research institutions in the second quarter is expected to publish a report of china’s economic growth rate or close to 8%

July 9, 2009

Research institutions in the second quarter is expected to publish a report of China’s economic growth rate or close to 8%

Filed under: Financial News — Tags: economic — lily @ 1:11 pm -0700

Research institutions in the second quarter is expected to publish a report of China’s economic growth rate or close to 8%
Goldman Sachs Asia and Beijing Gao Hua Securities Company yesterday issued a report on China’s macro-economic research. The report predicts that the second quarter of year-on-year growth rate of China’s GDP will rise to the level of close to 8%, June’s CPI and PPI chain growth will occur in August last year for the first time when at the same time.

Although not yet released the official second quarter GDP and the economic data in June, but the latest release of the report, in June China’s economic activity data will generally show strong growth in the ring than expected throughout the second quarter year-on-year growth rate of GDP about 7.8%. China’s macro-economist at Goldman Sachs Asia Song believes that the growth rate was significantly higher than previously forecast 7.0 percent economic growth in the second quarter.

The report is expected in June year-on-year growth rate of China’s industrial added value in May from 8.9% to about 10%; single-month growth rate of investment in fixed assets will also benefit from the same period last year in May rose to 38.7 percent of 42 percent.

The report is expected in June for the new RMB loans from 1.5 to 1,600,000,000,000 yuan or so, only slightly lower than March’s 1.9 trillion yuan at the highest level in history.

Related posts: