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 targets economic growth of 6.5-7% in 2016

(Xinhua) Updated: 2016-03-06 09:10

China targets economic growth of 6.5-7% in 2016

Chinese Premier Li Keqiang delivers a government work report during the opening meeting of the fourth session of the 12th National People's Congress at the Great Hall of the People in Beijing, capital of China, March 5, 2016. [Xinhua/Liu Weibing]

BEIJING -- China's economic growth rate target has been set at 6.5 to 7 percent in 2016, with an average annual growth rate of at least 6.5 percent through 2020, Premier Li Keqiang said Saturday when presenting the government work report to the annual parliamentary session.

Last year's target was "around 7 percent," and China registered 6.9 percent growth, the slowest expansion in a quarter of a century.

This year's target is aligned with China's goal of completing the building of a moderately prosperous society in all respects, and takes into consideration the need to advance structural reform, Li said at the fourth session of the 12th National People's Congress (NPC).

"It will also help guide market expectations and keep them stable. The aim of maintaining stable growth is primarily to ensure employment and promote the people's wellbeing, and a growth rate of between 6.5 percent and 7 percent will allow for relatively full employment," Li said.

The country's urban job creation target remains at least 10 million. Last year's 6.9-percent growth added 13.12 million new urban jobs.

"...China's economic output had exceeded 60 trillion yuan. Every percentage point of GDP growth today is equivalent to 1.5 percentage points of growth five years ago or 2.5 percentage points of growth ten years ago. The larger the economy grows, the greater the difficulty of achieving growth," Li said.

A brief overview of China's 13th Five-Year Plan was also included in Li's report. The country expects an average annual growth rate of at least 6.5 percent from 2016 through 2020, when China will have GDP of 90 trillion yuan ($13.8 trillion).

Target "laudable, achievable"

The adoption of a range in the economic target is China's first since 1995, and offers more flexibility for the government.

In a report ahead of the NPC session, economists with Bank of America Merrill Lynch said a range would be "a laudable move as it would leave some room for structural reforms without stretching on short-term growth objectives."

Hu Angang, an economist with Tsinghua University, echoed the view in comments after the session.

"The range of half a percentage leaves China with more leeway in adapting to complicated scenarios within and outside of the country," Hu said.

In another report ahead of Saturday's session, Mizuho Securities called a target at 6.5 percent or above "ambitious," and anticipated that the growth rate would eventually reach 6.7 percent.

"Based on the official data, and Bloomberg Intelligence Economics' estimate of the potential growth rate, that's testing but achievable," wrote Bloomberg economists in a Saturday note.

The central government's target is more cautious than regional governments, noted Nomura Securities in a calculation.

The weighted-average target for Chinese mainland's 31 provinces, autonomous regions and municipalities, nine of which set their targets as a range instead of a specific number, was 7.5-7.8 percent in 2016, compared to 7.7 percent in 2015, according to Nomura.

Walking a fine line

China is walking a fine line, experts noted, advancing structural reform on the one hand and sustaining proper growth on the other.

By striving for higher growth in 2016, the first year of the 13th Five-Year Plan, the government could get an upper hand for 2020, said Bai Chongen, a Tsinghua University professor and member of the central bank monetary policy committee.

"But the 2016 target should not be set too high," Bai said. "Otherwise it's easy to slide down the slippery slope of stimulus, which could derail reforms."

The work report highlighted strengthening supply-side structural reforms, such as streamlining administration, cutting overcapacity and lowering business costs.

As well as strong stimulus policies, the government will also pursue a more proactive fiscal policy, with increased deficit to cut taxes and promote effective investments, Li said in the work report.

"6.5 percent is the floor rate," said David Daokui Li, a Tsinghua professor and former central bank advisor, "to ensure people's wellbeing."

"Should supply-side reform not make significant progress, stimulus is required to offset the short-term drag on demand," Bloomberg economists wrote in the Saturday note.

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

    欧美性受极品xxxx喷水| 日韩欧美国产高清| 亚洲国产精品一区二区久久| 91黄色免费观看| 亚洲福利视频三区| 日韩视频免费观看高清完整版在线观看 | 久久亚洲精精品中文字幕早川悠里 | 精品久久人人做人人爱| 国产精品自在欧美一区| 中文子幕无线码一区tr| 91久久香蕉国产日韩欧美9色| 亚洲一区国产视频| 欧美一区三区四区| 国产电影一区二区三区| 亚洲欧美日韩系列| 欧美精品18+| 国产麻豆一精品一av一免费 | 在线播放一区二区三区| 黑人巨大精品欧美黑白配亚洲| 中文幕一区二区三区久久蜜桃| 日本道精品一区二区三区 | 国产乱码精品一区二区三区忘忧草 | 国产精品乱子久久久久| 欧美亚洲禁片免费| 激情av综合网| 日韩美女精品在线| 日韩色在线观看| 成人性生交大片免费看在线播放| 亚洲综合男人的天堂| 精品电影一区二区| 色嗨嗨av一区二区三区| 日韩黄色小视频| 国产精品网站导航| 色噜噜狠狠色综合中国| 国内精品第一页| 亚洲日韩欧美一区二区在线| 色综合久久综合网欧美综合网| 人人爽香蕉精品| 中文幕一区二区三区久久蜜桃| 欧美日韩国产大片| 懂色av一区二区在线播放| 午夜私人影院久久久久| 国产日韩精品一区二区浪潮av| 欧美日韩一区 二区 三区 久久精品| 国产乱子伦视频一区二区三区| 亚洲一区二区欧美激情| 国产欧美日韩在线| 884aa四虎影成人精品一区| 国产成人综合网站| 视频一区在线视频| 成人免费一区二区三区在线观看| 欧美精品粉嫩高潮一区二区| 北条麻妃一区二区三区| 麻豆视频一区二区| 一区二区三区四区国产精品| 精品福利视频一区二区三区| 精品婷婷伊人一区三区三| 懂色av中文一区二区三区| 美女一区二区视频| 综合精品久久久| 日韩女优制服丝袜电影| 在线视频欧美精品| 成人性视频网站| 麻豆精品国产传媒mv男同| 亚洲午夜精品久久久久久久久| 国产精品毛片无遮挡高清| 欧美mv日韩mv| 欧美色偷偷大香| av中文字幕一区| 国产美女视频91| 免费看欧美美女黄的网站| 一区二区三区免费看视频| 国产午夜精品久久| 欧美成人一区二区三区片免费 | 一本一本大道香蕉久在线精品| 国产激情一区二区三区四区| 久88久久88久久久| 日韩av中文字幕一区二区| 一区二区免费在线| 国产精品蜜臀在线观看| 久久久久久综合| 日韩欧美色综合| 91麻豆精品国产91久久久使用方法 | 亚洲电影在线播放| 亚洲天堂成人在线观看| 欧美高清在线视频| 欧美精品一区二区三区视频| 日韩美一区二区三区| 在线看国产一区二区| 成人视屏免费看| 毛片av一区二区三区| 蜜臀av一区二区| 日韩福利电影在线| 午夜精品一区在线观看| 亚洲综合在线免费观看| 亚洲免费资源在线播放| 亚洲精品视频在线看| 亚洲免费在线播放| 极品瑜伽女神91| 亚洲成人免费观看| 亚洲在线免费播放| 亚洲一区二区三区国产| 亚洲图片欧美色图| 亚州成人在线电影| 亚洲bdsm女犯bdsm网站| 亚洲一区二区三区四区五区黄| 亚洲精品国产精华液| 1000精品久久久久久久久| 最新热久久免费视频| 国产精品久久久久久久久免费樱桃 | 一区二区三区在线视频观看| 一级做a爱片久久| 亚洲激情在线激情| 亚洲欧美国产77777| 成人免费一区二区三区在线观看| 一区视频在线播放| 中文字幕亚洲综合久久菠萝蜜| 亚洲色图.com| 亚洲国产日韩av| 日本亚洲视频在线| 奇米777欧美一区二区| 精品亚洲国内自在自线福利| 国产一区二区伦理| 成人黄色电影在线 | 91免费观看视频在线| 色94色欧美sute亚洲线路一久| 欧美性受xxxx| 欧美一区二区三区思思人| 精品粉嫩aⅴ一区二区三区四区| 国产亚洲一二三区| 亚洲丝袜美腿综合| 五月婷婷欧美视频| 激情欧美一区二区| 成人av免费在线| 欧美日韩精品一区视频| 日韩免费观看高清完整版| 久久网站最新地址| 综合亚洲深深色噜噜狠狠网站| 亚洲一二三级电影| 图片区小说区区亚洲影院| 另类成人小视频在线| 国产成人鲁色资源国产91色综| 97久久精品人人爽人人爽蜜臀| 欧美亚洲综合另类| 在线不卡一区二区| 国产亚洲一区字幕| 亚洲一区在线观看免费观看电影高清| 天天综合天天综合色| 国产一区二区在线影院| 91在线视频观看| 欧美理论片在线| 久久一夜天堂av一区二区三区| 国产精品初高中害羞小美女文| 一区二区欧美国产| 久久99久久精品| av毛片久久久久**hd| 欧美日韩dvd在线观看| 久久亚洲欧美国产精品乐播| 综合久久久久久| 秋霞电影一区二区| 不卡视频在线看| 欧美一区二区三区喷汁尤物| 国产精品久久久久久亚洲毛片| 午夜激情综合网| 丁香网亚洲国际| 在线不卡a资源高清| 中文字幕一区在线| 麻豆专区一区二区三区四区五区| 97精品电影院| 精品国产乱码久久久久久久久| 亚洲免费av网站| 国产在线乱码一区二区三区| 欧美视频第二页| 国产精品久久久久一区 | 丰满少妇在线播放bd日韩电影| 欧美日韩国产小视频在线观看| 中文av一区二区| 日韩精品免费专区| 99久久精品国产网站| 欧美一二区视频| 樱花影视一区二区| 国产精品一区二区在线播放 | 日韩一区二区三区免费看| 亚洲欧洲在线观看av| 日本成人在线视频网站| 99久久国产综合精品麻豆| 精品少妇一区二区三区在线播放| 亚洲精品第1页| 国产99久久久国产精品潘金| 欧美一区二区二区| 一区二区三区91| 成人免费观看视频| 欧美精品一区男女天堂| 午夜视频在线观看一区二区三区 | 日韩欧美激情一区| 亚洲精品成人a在线观看| 粉嫩嫩av羞羞动漫久久久| 日韩免费一区二区| 日韩综合在线视频| 欧美体内she精视频|