Economy designer wedding dresses could grow 10% in fourth quarter: report
designer wedding dresses artist canvas wedding dress shops iphone batteries wedding dresses ball valve manufacturer WEIDMULLER TERMINAL BLOCK apad android dual sim laser pointer Self Adhesive Vinyl contactor manufacturers minikleider centrifuge paintball mask solar tracker Soutiens-gorges food tray 磨粉 ballerines pas chères
Economy could grow 10% in fourth quarter: reportPublished: 22 Nov 2009 09:02:01 PSTChina’s economy could grow by over 10 percent in the fourth quarter of 2009, spurred by massive investment and rising consumption, China News Service said Sunday, citing a top government think tank."The economy is benefitting from fast-paced investment, record levels of consumption, rising exports to international markets and the stable resumption of industrial growth,"China News Service cited Yu Bin, a top economist at the State Council Developmental Research Centre, as saying.Yu told a symposium that China’s economy would witness growth of more than 10 percent year-on-year in the last three months of 2009, with full year growth of around 8.5 percent, the report said.China could also maintain double-digit growth next year, Yu said, but the economy faced several challenges, including inflation linked to a vigorous government stimulus package and the appreciation of the yuan."If the Chinese yuan appreciates too fast, the huge numbers of export industries will suffer,"Yu said."But a small appreciation will attract more capital inflows and speculation over the yuan could bring instability to financial markets. China is facing these two difficulties."The government must also adequately stablize real estate markets that were responsible for a significant portion of the nation’s growth this year and which have gobbled up nearly one fourth of investment in 2009, he said.In the coming year, the government should continue to pump-prime the economy to ensure that consumption and investment did not sharply fall off, he added.Earlier this month, the World Bank upgraded its 2009 growth forecast for China to 8.4 percent on the back of huge public spending but said stronger domestic demand was needed to ensure a sustainable recovery.China grew by 8.9 percent in the third quarter, the fastest pace in a year, after expanding by 7.9 percent in the second quarter and 6.1 percent in the first three months, the slowest pace in more than a decade.AFP Explore the World, Understand China!Please log on http://www.gloaltimes.cn弹簧 クレジットカード 現金化 口コミ キャバクラ 求人 air conditioner motor 外国為替 蝶阀 办公室装修 门禁 金