亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Home / Government / Central Government News Tools: Save | Print | E-mail | Most Read | Comment
China facing bigger economic downside risk
Adjust font size:

Zhang Ping, minister of the National Development and Reform Commission, speaks at a press conference on China's economy in Beijing November 26, 2008. [China.org.cn]

The downside risk to China's economy is increasing, and some economic indicators deteriorated in November, said China's top economic planner on Thursday.

Deepening economic woes worldwide are casting a larger shadow on China, once the world's fastest growing major economy. Some major economic indicators have shown evident signs of worsening since the beginning of November, Zhang Ping, minister of the National Development and Reform Commission (NDRC) said during a press conference in Beijing.

Although Zhang did not detail those indicators, analysts said they include the gross domestic product (GDP), exports, capital investments, and the consumer price index (CPI).

China's GDP slowed to 9 percent in the July-September period, down from 9.9 percent in the second quarter. Many economists predict that the growth for the last quarter of 2008 could tumble to as low as 6 percent.

The worst has yet to come as the global financial crisis has not bottomed out, Zhang said.

Chinese enterprises, especially those export-oriented businesses, are experiencing growing difficulties, with some having been forced to halt or reduce production. "Without doubt, the situation will hurt employment," he said. Some workers have chosen to go back to their rural homes as the employers have shun down factories, he added.

With such a grave situation, China will continue to implement "strong and effective" fiscal and monetary instruments to check the slowing pattern, and yesterday's 108-percentage-points interest rate cut is one of the measures, Zhang said.

On Wednesday, China's central bank announced a massive cut of the benchmark interest rate by 1.08 percentage points, as part of the intensified moves to further stimulate domestic demand, and to give substantial support to enterprises, especially enterprises affected by worsening exporting circumstances.

Related: Economic planner unveils stimulus breakdown
???????????????? Social investment to total 18 trillion yuan in 2009

(China Daily?November 27, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- US economy contracts deeper in third quarter
- More policies set to boost economy
- Investment needed to boost economy: Official
- China's reform gives impetus to global economy: Swedish expert
- Huge administrative fees cut to boost economy
- NDRC: No cash injuction into markets
Most Viewed >>
- White paper published on China's rule of law
- Hu: Stable growth tops economic agenda
- Full Text: Report on the Work of the Government
- Xinjiang armed police contingent upgraded
- White paper: China's policies and actions on climate change
Questions and Answers More
Q: What kind of law is there in place to protect pandas?
A: In order to put the protection of giant pandas and other wildlife under the law, the Chinese government put the protection of rare animals and plants into the Constitution.
Useful Info
- Who's Who in China's Leadership
- State Structure
- China's Political System
- China's Legislative System
- China's Judicial System
- Mapping out 11th Five-Year Guidelines
Links
- Chinese Embassies
- International Department, Central Committee of CPC
- State Organs Work Committee of CPC
- United Front Work Department, Central Committee of CPC
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码