久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Economy

China may see further rate cut in Q3: survey

(Agencies) Updated: 2012-07-20 11:03

BEIJING -- China's economy is likely to recover modestly in the third quarter of 2012 in response to policy stimulus, snapping six consecutive quarters of slower growth, but the full-year rate of expansion will be weaker than in 2011, a Reuters poll shows.

With Beijing intensifying policy fine-tuning to boost growth, analysts reckon the world's second-largest economy probably bottomed out in the second quarter, when growth cooled to 7.6 percent from a year earlier, the slowest pace in more than three years.

The median forecast by economists polled by Reuters showed annual economic growth could pick up to 7.9 percent in the third quarter of 2012 and 8.2 percent in the fourth quarter.

"Economic growth could rebound modestly from the third quarter as policy steps take effect," said Zhao Qingming, an economist at China Construction Bank in Beijing.

But the full-year growth rate is expected to dip to 8.0 percent this year from 9.2 percent in 2011, before picking up to 8.4 percent in 2013, given the growing headwinds from global economic uncertainties and softening demand at home.

Of the 43 economists surveyed, 17 predicted GDP growth could slip below the 8 percent mark seen by many as the minimum rate needed to ensure job creation is sufficient to absorb the millions of migrant workers who head to the cities from the countryside each year.

The forecast is weaker than the 8.4 percent consensus in the previous quarterly poll in April and even below the 8.2 percent anticipated in a snap poll in May after the central bank cut 50 basis points from required reserve ratios.

"Looking at the short-term cycle, China's economy may have touched the bottom in the second quarter. But in the long run, the growth rate will continue to slow from the previous years," said Wei Yao, China economist at Societe Generale in Hong Kong.

The trajectory of the economy is crucial for investors facing anemic growth not only in developed countries but across the BRIC grouping of major emerging economies - Brazil, Russia, India and China - which combine as the biggest marginal generators of global growth.

The People's Bank of China is expected to further loosen monetary policy in the second half to head off a sharper slowdown.

The central bank is seen delivering its next interest rate cut in the third quarter, cutting both deposit and lending rates by 25 basis points, according to the poll.

The poll also produced a consensus view that the central bank would cut banks' reserve ratio in two, 50-basis-point steps, one each in the third and fourth quarter of the year, to bring the rate down to 19 percent by the end of 2012.

Further policy easing seen

China's central bank has cut interest rates twice in the space of a month, accompanied by liberalization moves allowing banks to discount borrowing costs to help cushion the impact from the external economic downturn.

It has also cut the amount of cash banks must keep in reserves three times since November 2011, freeing an estimated 1.2 trillion yuan ($190 billion) for new lending.

Economists said that China's easing consumer inflation and factory gate price deflation would also provide more leeway for Beijing to maneuver its policy settings to boost the economy.

"Consumer inflation is likely to be below 2 percent in July and August, suggesting there is still room for policy easing," Zhao said.

China's average consumer inflation is expected to slow to 3 percent in 2012 before ticking up to 3.3 percent in 2013, both of which are well below Beijing's full-year target of 4 percent set at the beginning of this year.

The headline consumer and producer prices eased more than expected in June, signaling falling demand for goods at home and abroad.

The economists' forecast came amid tentative signs that Beijing's pro-growth policies are gaining traction, as China's home prices in key cities broke eight straight months of decline in June.

But a raft of other economic indicators issued earlier this month also pointed to weak import growth and shrinking foreign direct investment, highlighting the challenges facing the economy, as it still takes time for domestic demand to take up the slack of the external downturn.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美一级淫片007| 欧美色涩在线第一页| 欧美日韩精品免费观看视频| 国产精品三级av| 美日韩一区二区| 欧洲亚洲精品在线| 国产精品少妇自拍| 色婷婷久久99综合精品jk白丝| 久久久久国产精品人| 秋霞电影网一区二区| 欧美日韩一区中文字幕| 免费在线观看日韩欧美| 国产片一区二区| 国产精品自产自拍| 日韩精品一区二区三区蜜臀| 日韩中文字幕一区二区三区| 99re这里只有精品首页| 久久免费视频一区| 91视频观看免费| 亚洲美女精品一区| eeuss鲁片一区二区三区| 国产丝袜欧美中文另类| 国产曰批免费观看久久久| 欧美草草影院在线视频| 久久成人免费网| 精品女同一区二区| 色综合色综合色综合色综合色综合 | 亚洲日本中文字幕区| av在线播放一区二区三区| 亚洲综合成人网| 欧美伊人精品成人久久综合97| 亚洲欧美日韩国产中文在线| 日韩欧美不卡在线观看视频| av电影天堂一区二区在线观看| 日本不卡一区二区| 欧美成人a∨高清免费观看| 91在线无精精品入口| 奇米四色…亚洲| 亚洲欧洲国产专区| 欧美性videosxxxxx| 国产精品66部| 日韩精品一级中文字幕精品视频免费观看 | 国产美女视频一区| 亚洲高清久久久| 3751色影院一区二区三区| 青青草97国产精品免费观看无弹窗版| 中文字幕第一区第二区| 一本大道av一区二区在线播放 | 男男视频亚洲欧美| 亚洲激情男女视频| 欧美日韩黄视频| 成人免费高清视频| 亚洲色图欧美激情| wwwwww.欧美系列| 99热在这里有精品免费| 韩国中文字幕2020精品| 国产精品久久久久久久久免费相片| 色哟哟国产精品免费观看| 国产成人精品在线看| 亚洲免费在线播放| 亚洲国产成人自拍| 精品电影一区二区三区| 99久久夜色精品国产网站| 国产在线观看免费一区| 日韩在线卡一卡二| 亚洲国产综合在线| 亚洲天堂网中文字| 欧美国产激情二区三区| 久久综合久久久久88| 正在播放一区二区| 欧美系列在线观看| 色哦色哦哦色天天综合| av在线播放成人| 成人美女视频在线观看| 国产大陆a不卡| 精品一区二区三区视频在线观看| 国产精品久久毛片a| 久久久午夜精品理论片中文字幕| 欧美一区二区三区在线电影| 欧美日韩你懂的| 欧美亚州韩日在线看免费版国语版| 91网址在线看| av午夜一区麻豆| 成人激情动漫在线观看| 日韩综合一区二区| 亚洲成av人片在线| 亚洲国产精品成人综合| 久久久99久久| 国产夜色精品一区二区av| 久久亚洲影视婷婷| 久久久久亚洲蜜桃| 久久久噜噜噜久久中文字幕色伊伊| 精品免费99久久| 久久这里都是精品| 久久久久久毛片| 久久久99精品免费观看| 国产欧美视频一区二区| 国产日韩欧美电影| 中文字幕精品三区| 国产精品第五页| 亚洲欧美日韩一区| 亚洲精品第1页| 亚洲一二三区视频在线观看| 亚洲国产一二三| 午夜精品福利一区二区三区av| 成人欧美一区二区三区视频网页| 中文字幕在线一区二区三区| 中文字幕一区二区三区四区| 亚洲人被黑人高潮完整版| 亚洲欧美乱综合| 亚洲在线视频一区| 偷拍与自拍一区| 美女视频黄频大全不卡视频在线播放| 另类小说视频一区二区| 国产在线日韩欧美| 成人毛片在线观看| 91电影在线观看| 成年人午夜久久久| 色域天天综合网| 欧美日韩精品综合在线| 欧美一二三四区在线| 欧美日韩亚洲综合| 欧美一区二区三区精品| www成人在线观看| 中文字幕在线免费不卡| 亚洲一区二区五区| 蜜臀av性久久久久蜜臀aⅴ四虎| 激情欧美一区二区| eeuss国产一区二区三区| 欧美性高清videossexo| 日韩欧美一级二级三级久久久| 久久色中文字幕| 最好看的中文字幕久久| 亚洲高清免费观看高清完整版在线观看| 秋霞av亚洲一区二区三| 国产999精品久久| 国产一区二区三区免费看 | 国产精品欧美精品| 亚洲综合一区二区三区| 奇米精品一区二区三区四区| 国产成人三级在线观看| 91精品1区2区| 精品免费国产一区二区三区四区| 国产精品免费久久久久| 亚洲成人自拍网| 国产麻豆精品视频| 色菇凉天天综合网| 日韩精品一区二区三区视频在线观看| 欧美国产日韩一二三区| 亚洲国产中文字幕| 国产自产高清不卡| 在线观看亚洲专区| 精品1区2区在线观看| 亚洲欧美国产毛片在线| 美国三级日本三级久久99 | 精品99一区二区| 一区二区三区国产精品| 一区二区三区四区精品在线视频| 日本午夜精品视频在线观看| 成人精品小蝌蚪| 欧美精品123区| 日韩欧美精品三级| 亚洲欧洲国产日本综合| 久久精品国产一区二区| 色婷婷综合久色| 久久综合九色综合97_久久久| 亚洲一区二区av在线| 国产乱淫av一区二区三区| 欧美日韩国产高清一区二区| 亚洲国产精品国自产拍av| 日韩福利视频导航| 91在线观看美女| 久久精品亚洲麻豆av一区二区 | 日本网站在线观看一区二区三区| 成人免费av网站| 日韩精品一区二区三区三区免费 | 色噜噜狠狠色综合中国| 久久婷婷国产综合精品青草| 婷婷六月综合亚洲| 色综合天天综合| 欧美日韩一区不卡| 成人欧美一区二区三区白人| 精久久久久久久久久久| 欧美美女网站色| 亚洲精品国产品国语在线app| 粉嫩蜜臀av国产精品网站| 91精品国产免费久久综合| 亚洲精品成人悠悠色影视| 国产麻豆视频一区| 日韩视频在线永久播放| 亚洲一区二区三区国产| 不卡的看片网站| 久久久久久日产精品| 蜜桃免费网站一区二区三区| 欧美午夜电影在线播放| 成人免费在线视频| 国产精品888| 久久亚洲春色中文字幕久久久| 日本中文一区二区三区| 欧美亚洲综合一区|