2013年8月20日星期二

China's economy overall abundant liquidity

"In general, the second half of this year, implementation of prudent monetary policy. If necessary, can do some flexible adjustment, but I don't think the second half of this year will have a big adjustment. If there is one adjustment, also is fine." Central bank governor 114mm carbon seamless steel pipe china suppliers zhou xiaochuan on August 19, said in an interview with China central television (CCTV).

Zhou xiaochuan also said the us economy's main index, the current and the main index in the last year estimated (compared), also within the range, there is no likelihood of big big adjustment.

In addition, in answer to whether the future will appear as June interbank liquidity extremely nervous, zhou ASME B16.9 Butt Welded reducing tee xiaochuan stressed that from a middle stage, China's economy overall liquidity abundant, will have great influence because of short-term events.

Statistics show that in the first quarter pipe fitting 45 degree LR elbows of 2013, China's GDP growth of 7.7%, but also fell to 7.5% in the second quarter. As a result, the economics of China's economic "hard landing" fears began to increase.

"I am not advocating in terms of economic growth, using so-called floating in the air, or hard landing such a notion." Zhou xiaochuan, said the inner motive power to China's economic growth remains strong, will not appear this kind of so-called continuity in the way.

"Generally, the domestic economic situation still quite good." Zhou xiaochuan said that the current economic growth at 7.5%, is in itself a normal level. To see the big environment, the international economic environment is not very good, in such an integral part of the environment, stable economic growth, is not easy.

"In 2013 and 2014 full-year GDP growth is expected to be 7.4% and 7.2%, respectively." Jpmorgan chase's chief China economist Zhu Haibin thinks, policy uncertainty has been affecting the market confidence and a key factor in economic activity, and this effect is particularly obvious in recent months. But it seems to be shifting.Chief economist at China international capital corp Peng Wen born it in a research report, from the source of investment in fixed assets investment, state budget funds and domestic loan growth in July from June significantly accelerated, reflects the recent strengthening fiscal spending and guide credit measures to support the real economy.

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