葫蘆島翻譯公司關(guān)鍵字:So, consumption remained stable while investment and exports continue to maintain high growth momentum next year's economic專業(yè)翻譯公司服務(wù)最好的 growth rate might be higher than this year, at around 9%.
The current power shortage is the result of previous years, scheduling is too small, not due to lack of funds and production capacity. But the world in the process of modernization, economic專業(yè)翻譯公司服務(wù)最好的 growth in basic industries and the relationship is a mutual adaptation process to catch up with each other, can not blame a lack of foresight planning. Not as long as 80 years as the capital, foreign exchange and production capacity and other "hard" constraints, power shortage problems 2 to 3 years would be able to solve.
Second, inflation and deflationThis year, consumer prices are always low for the first quarter of the price of production showed a rising trend in the second quarter but down. According to Commerce Department statistics, the first half of the overwhelming majority of 600 major consumer goods supply, so that from the supply of goods is the "deflation" pressure. Worried about inflation now, in addition to the previously mentioned rapid economic專業(yè)翻譯公司服務(wù)最好的 growth, primarily from currency that, because this year, there have been rare in recent years, rapid money and credit growth momentum. January to June, broad money growth rate as high as 20? 8%, the highest in recent years, annual plans, annual loan size is 1? 8 trillion yuan, but the first half of lending by 1? 91 trillion yuan, more than the annual plan, but also exceeded last year's all new amount.
About lending too much, many people believe that the bank's institutional reasons, such as to reduce non-performing loan ratio and who wish to borrow more, there is the pursuit of profit. If the banking system of the causes of excessive loan growth is not quite scary, because as long as not the real needs of economic專業(yè)翻譯公司服務(wù)最好的 growth to absorb the loan, the loan has become at most deposits, money within the banking system is still spinning, are worried about who is loans really put out, he is a new bad debts, or into the capital market into asset bubbles.
China's stock market has been falling since 2001, this year is still the case, Moreover, China's stock market tradable shares only 15% of GDP, up and down, and equal to 80% in developing countries the average level of 60 very different, with the developed countries 100 to 200% of the level difference between the further comparison, the Chinese stock market is a bubble far to worry about the extent that China's currency this year's high growth has created a new bubble is no basis.
More concern is from the real estate, because the new loans this year, 70% are long-term loans, while China has long been dominated by short-term loans. But it should be noted, in a market economy countries, two thirds of social wealth is concentrated in real estate form, which is a common phenomenon, also shows that social capital in a market economy in the flow of real estate as the main body should be. China's current growth rate of loans to invest in real estate although relatively high, but according to the data, the real estate loans to total loans in the proportion of only 20%, so the current real estate bubble although the warning makes sense, but that has to the extent of the crisis brewing a bit before. The biggest problem in the real estate industry正規(guī)翻譯公司公證處翻譯蓋章 may be structural problems, namely to adapt the general population had less real estate development projects. This year there are 121 documents on the central bank's discuss whether it should limit high-end residential real estate purchase? As the current high-end real estate development over, should be limited to the new project launched on the project have been completed and also limit the purchase would be difficult to understand. Already over-supply, and then limit the potential purchase of real estate bubble is not the reality of a bubble? China has a "rich" class is a social reality, is the result of economic專業(yè)翻譯公司服務(wù)最好的 reform, you can not spend his money, not only limits the growth of social demand, but also resulted in high-end real estate has been built waste of resources. Therefore, the development of China's real estate industry正規(guī)翻譯公司公證處翻譯蓋章 should have an overall and long-term vision, and not only from this point of rapid loan growth starting on the introduction of a number of restrictions. (Www.yypl.net)
If neither the physical price in the current inflationary pressures, there is no asset price inflation, we may need to fear inflation, but wait a minute, the potential inflationary pressure is still there, and very large, from the foreign exchange reserves.
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