Related News
China’s growth may slow to 7.1% in 2015
CHINA’S economic growth could slow to 7.1 percent in 2015 from a likely 7.4 percent this year, held back by a sagging property sector, the central bank said in a research report seen by Reuters yesterday.
Stronger global demand could boost exports, but not by enough to counteract the impact from weakening property investment, according to the report.
China’s exports are likely to grow 6.9 percent in 2015, quickening from this year’s 6.1 percent rise, while import growth is seen accelerating to 5.1 percent in 2015 from this year’s 1.9 percent, it said.
The report warned that the US Federal Reserve’s expected move to raise interest rates sometime next year could hit emerging-market economies.
Fixed-asset investment growth may slow to 12.8 percent in 2015 from this year’s 15.5 percent, while retail sales gain may quicken to 12.2 percent from 12 percent, it said.
Consumer inflation may be 2.2 percent in 2015, it said.
China’s economic growth slowed to 7.3 percent in the third quarter, and November’s soft factory and investment figures suggest full-year growth will miss its 7.5 percent target and mark the weakest expansion in 24 years.
Economists who advise the government have recommended that China lower its growth target to 7 percent in 2015.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.