男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

Chinese economy stabilizes with still greater business opportunities: expert

Xinhua | Updated: 2019-07-17 16:52
Share
Share - WeChat
A technician works on the production line of a machinery company in Luannan county, Hebei province. [Photo/Xinhua]

SAN FRANCISCO - For companies and investors eyeing China for opportunities, brighter prospects remain ahead even at the current slower growth rate, a senior economic expert said, in reference to China's freshly-released H1 economic report.

China's gross domestic product grew 6.3 percent in H1 year-on-year, according to the report from the country's National Bureau of Statistics published on Monday.

The rate, significantly slower than the 9.4 percent a decade ago, in fact registered greater incremental expansion since the base today is 182 percent larger, said Andy Rothman, investment strategist at San Francisco-based investment firm Matthews Asia.

"The incremental expansion in the size of China's nominal GDP would be 130 percent bigger than the expansion 10 years ago at the faster pace. As a result, opportunities for companies and investors are greater at the currently slower growth rates," he said in an article published on Monday.

The investment expert said China's domestic consumption and services, the bulk of the economy, remain healthy to stabilize employment despite sluggish growth in manufacturing, investment and export.

Moreover, the Chinese government seems prepared to handle the slowdown and prudently shun stimulative monetary and fiscal policies.

The Shanghai Composite Index was up 18 percent from the start of the year through to July 15, which also speaks to a positive investors' attitude towards the Chinese economy, he noted.

The analyst attributed the second quarterly slowdown to dual anxieties: one is trade frictions with the US, the other is the "Chinese government's ongoing campaign to reduce risks in the financial system."

"Chinese consumers aren't very worried by the Trump tariff tantrum because this is the eighth consecutive year in which the (tertiary) services and consumption sector is the largest part of GDP," he noted.

Nominal retail sales remain healthy, income growth is robust, and the growth for per capita disposable income keeps almost flat year-on-year.

"China remains, in my view, the world's best consumer story," he said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 潮州市| 邹平县| 如东县| 石台县| 格尔木市| 大新县| 安新县| 仲巴县| 赫章县| 乐业县| 大方县| 大新县| 洪江市| 罗甸县| 玛纳斯县| 砀山县| 平潭县| 南陵县| 遂溪县| 郴州市| 新绛县| 平山县| 外汇| 晋州市| 庄浪县| 镇巴县| 毕节市| 新密市| 新郑市| 张北县| 永平县| 当阳市| 桐城市| 宜兰市| 马龙县| 蓝山县| 临猗县| 平昌县| 平舆县| 青冈县| 长白|