2009 China GDP Growth is 8.7%
In 2009, China’s GDP growth reaches 8.7%, which successfully keeps “8″!
National Bureau of Statistics today held a press conference, publishing in 2009 a whole series of economic data. Statistics show that in 2009 gross domestic product (GDP) 335353 million yuan, according to constant prices increased by 8.7% over the previous year, the growth rate down 0.9 percentage points over the previous year. China’s economic growth, “keeping 8″ success.
2009 is the new century, China’s economic development has been the most difficult year in the face of the rarely serious impact on the international financial crisis and the extremely complicated domestic and international situation, the State Council, the situation and scientific decision-making, and lead people across the country unite as one, when a total of g difficult, adhere to implement a proactive fiscal policy and loose monetary policy appropriately and comprehensively implement and constantly improve the response to the international financial crisis package, quickly reversed the situation in a marked decline in economic growth to achieve the overall recovery of the national economy for the better.
Preliminary estimates, gross domestic product 33.5353 trillion yuan, according to comparable prices, an increase of 8.7% growth rate down 0.9 percentage points over the previous year. Sub-quarter view, in the first quarter increased by 6.2% in the second quarter increased by 7.9%, 9.1% growth in the third quarter and fourth quarter growth of 10.7%. Sub-industries, the primary production value added 3.5477 trillion yuan, an increase of 4.2%; the secondary industry 15.6958 trillion yuan, an increase of 9.5%; the tertiary industry 14.2918 trillion yuan, an increase of 8.9%.
Japan Airlines layoffs: Japan Airlines filed for bankruptcy protection, the company will lay off one-third of employees
Asia’s largest carrier Japan Airlines (Japan Airlines) to the Tokyo District Court yesterday for bankruptcy protection, becoming the sixth largest in Japanese history, bankruptcies.
It is reported that Japan Airlines will be laid off in the next three years, more than 15,000 people, about one-third of the total number of current employees.
Japanese government spokesman said that JAL will cut the debt reduction under the support of Japanese companies (Enterprise Turnaround Initiative Corp), to give up loss-making business and get new investment, thus completing the realization of restructuring.
Japan’s Chief Cabinet Secretary Hirano Bo-wen yesterday in Tokyo, told reporters would be informed of this decision. The Government also said that at least this last year, carrying over 45 million passengers, the airline will continue its business operations.
Hainan to halt land development approval on speculation concerns
News on January 17, China: China’s southern island province of Hainan will suspend land leasing and development approval in a move to curb property speculation, the province’s Party chief has said.
Following a tourism promotion policy document issued by the central government earlier this month, real estate developers have flocked into the island, causing new property bubble concerns, WeiLiucheng, secretary of the Communist Party of China Hainan provincial committee, said at a meeting in Haikou Friday.
The provincial government would not approve any program for land leasing and development before a specific plan gets nod from the the National Development and Reform Commission (NDRC), in an effort to clamp down on potential speculation in the housing market, he said.
The central government announced on Jan. 4 a plan to build the island into a top international tourist destination by 2020. The specific tourism promotion plan is currently under study and scheduled to be submitted to the National Development and Reform Commission between March and April.
Housing prices in Hainan has surged after the release of the tourism-boosting plan, with some programs hitting 70,000 yuan (10,249 U.S. dollars) per square meter, arising high alertness from the local government.
The government will step up efforts for affordable housing construction, intensify governmental regulations in market planning and land supply, so as to guide the real estate market todevelop in a healthy and steady way, according to Wei.
Translate (most links are in Chinese)