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China's economic growth will remain within reasonable scope in 2019 [Copy link] 中文

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Post time 2019-1-21 16:07:02 |Display all floors

(People's Daily Online) Experts believe that China is able to maintain a stable economic growth in 2019 based on their evaluation of opportunities and challenges the country will face throughout this year.

The actual economic growth and potential growth of the country are generally consistent with each other, and the relationship between the core economic indicators is healthy, said Li Wei, head of the Development Research Center of the State Council.

Statistics indicate that China’s economy has increased by 6.5 to 7 percent for 15 quarters in a row since 2015.

The country has become more experienced in pushing for a resilient economy in 2019 despite the pressure it may face this year, Li said.

For the past 40 years, China has managed to keep an average annual growth of 9.5 percent, and in 2018, it met its designated 6.5 percent growth despite the changing global environment, standing among the world's upper echelons.

Chen Wenling, the chief economist of the China Center for International Economic Exchanges, attributed this long-term economic growth to the country's coordinating macro policies, improvement of infrastructure, urbanization and the continuous emergence of labor force dividends, adding that they will continue to support long-term economic development.

Liu Jing, associate dean of the Cheung Kong Graduate School of Business (CKGSB), said some positive changes have started to emerge in the macroeconomy, including government support for private enterprises and the implementation of related policies, the coordination of fiscal and monetary policies, as well as measures to reduce taxes and fees for enterprises and consumers.

HSBC projected that China is expected to bring its economy back to a reasonable and steady scope through stimulating domestic demand and injecting new impetus.

Standard Chartered said that China could use a number of methods to keep its economic growth between 6.0 and 6.5 percent, while Vanguard Group believes that it's unlikely that the Chinese economy will experience a “hard landing,” forecasting that economic growth will stabilize between 6.0 and 6.3 percent under mild external impact.

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Post time 2019-1-22 02:22:09 |Display all floors
thats why I keep some of my million Euros on ICBC
some day Jiangsu will rule China

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Post time 2019-1-24 20:09:12 |Display all floors
Reasonable perspective.

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Post time 2019-1-26 21:53:11 |Display all floors
lionstar Post time: 2019-1-22 02:22
thats why I keep some of my million Euros on ICBC

Why not the total of your wallet?   (kidding!)
Childish pure  mindset can simplify your life which let you live in a light way! Without man-made troubles you will work in high efficiency!

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Post time 2019-1-26 22:13:02 |Display all floors
SEARU Post time: 2019-1-26 21:53
Why not the total of your wallet?   (kidding!)

coz i always need some cash with me to bribe the chengguans
some day Jiangsu will rule China

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Post time 2019-1-27 00:55:53 |Display all floors
It is time for China to rein in, or perhaps better to banning Chinese companies offloading their billons of dodgy money to buy equally dodgy foreign assets, like English and Italian football clubs, London and New York apartments.

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Post time 2019-1-27 21:39:28 |Display all floors
Chinese companies should be sensible and invest with pride!
Why go begging to the bankrupt West to have our Chinese money for their "home improvement"?
Instead of a "Thank you", they turn around and spit in your face.
It is a STUPID, insulting and non-profitable appeasement marketing strategy.


Invest in Asia, Africa and countries that appreciate our help.


They have no dollars?
Then barter whatever natural resources the country possesses.

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