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

Chinadaily.com.cn
 
Go Adv Search
Fixed-asset investment growth eases in March

Fixed-asset investment growth eases in March

Updated: 2012-04-14 08:11

By Wang Xiaotian (China Daily)

  Comments() Print Mail Large Medium  Small

Analysts see auspicious signs in the investment data released by the Chinese government on Friday, but warned that uncertainties related to the property sector may drag down the traditional growth engine and further dampen economic growth.

Fixed-asset investment growth in March eased to 20.9 percent year-on-year from 21.5 percent a month earlier, according to data released on Friday by the National Bureau of Statistics.

Growth in investments at local levels cooled to 23.1 percent year-on-year in March from 24 percent, while investments backed by the central government saw a sharper contraction to 9.7 percent in March, down 7.9 percentage points from a month earlier.

Fixed-asset investment growth eases in March

Visitors look at a model of a housing project at the 2012 Beijing Spring Real Estate Expo. China's property investment growth rate dropped 10.6 percentage points in the first quarter. [Zhu Xingxin / China Daily]

"Fixed-asset investment held up better than we anticipated," said Zhang Zhiwei, chief economist for China at Nomura Holdings Inc. He revised his fixed-asset investment growth forecast for 2012 to 21 percent from 19.5 percent.

"This reflects the latest policy support measures and a moderate deceleration in property investment," said Huang Yiping, chief economist for emerging Asia at the investment banking division of Barclays Bank PLC.

Property investment grew 19.6 percent year-on-year in March. In the first quarter, the growth rate stood at 23.5 percent, 10.6 percentage points lower than a year earlier, mainly due to the slowdown in ongoing housing projects.

Tang Jianwei, an economist at the Bank of Communications Ltd, said although January to March fixed-asset investment declined compared with the January to February figure, excluding price fluctuations, the real growth rate in the first quarter was actually higher than that in the first two months.

Fixed-asset investment growth eases in March

Fixed-asset investment will see faster growth in the second quarter as investments in central and western areas gains strength from favorable policies from the central government, he said.

"What's more, recovering turnover in the property market, a more relaxed capital environment for real estate developers, and accelerated construction of affordable homes will guarantee that a further decline in property investment growth in the second quarter will be moderate."

Tang predicted that property investment will grow 15 percent year-on-year in 2012, and nominal fixed-asset investment growth will remain at around 21 percent.

"Developments in the property sector remain critical for the overall economic outlook. There are some tentative signs that transactions improved in March, but it remains to be seen whether such an improvement can be sustained," Zhang said.

The property market remains weak but appears to have turned a corner, or at least reached a bottom, said Alaistair Chan, an economist at Moody's Analytics.

And a trough in the property sector could help explain the divergence between the positive outlook in official purchasing managers' surveys and the more pessimistic one conducted by HSBC, he said.

"Other domestic factors outside of housing such as a resumption in (high-speed) railway construction, steady growth in services and retail spending, and the development in inland provinces mean that growth this year will be above the government's stated 7.5 percent target," said Chan, adding that monetary stimulus will also flow through by the second half of the year and sustain growth.

Ashley Davis, Asia economist at German lender Commerzbank AG, said the bank's forecast for China's economic growth in 2012 will fall to 7.5 percent from 9.2 percent last year, mainly because of expectations of a further decrease in fixed-asset investment.

"And in the second quarter, the growth rate will continue to slow down," said Davis.

Contact the writer at wangxiaotian@chinadaily.com.cn

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

    日本成人在线看| 精品一区二区三区蜜桃| 欧美日韩大陆在线| 天天综合日日夜夜精品| 日韩视频免费直播| 国产真实乱偷精品视频免| 欧美高清在线精品一区| 99久久免费精品| 亚洲国产精品久久一线不卡| 制服丝袜亚洲播放| 国产一区 二区 三区一级| 国产精品九色蝌蚪自拍| 欧美日韩中文精品| 另类综合日韩欧美亚洲| 国产精品久久久久影院亚瑟 | 久久久三级国产网站| av成人老司机| 亚洲国产精品一区二区久久恐怖片| 欧美精品第1页| 国产一区二区在线视频| 综合久久久久久| 欧美午夜精品电影| 狠狠网亚洲精品| 自拍偷拍亚洲综合| 欧美日韩一区二区三区免费看| 午夜一区二区三区视频| 久久亚洲精精品中文字幕早川悠里| 99精品桃花视频在线观看| 日韩和的一区二区| 日本一区二区三区电影| 精品视频999| 国产福利不卡视频| 午夜私人影院久久久久| 中文一区二区在线观看| 91精品蜜臀在线一区尤物| 成人福利视频网站| 欧美aaaaaa午夜精品| 综合色中文字幕| 精品不卡在线视频| 欧美午夜片在线看| 成人黄色一级视频| 蜜桃精品在线观看| 亚洲欧美aⅴ...| 亚洲精品一线二线三线 | 色综合天天综合色综合av| 麻豆精品国产传媒mv男同 | 亚洲三级在线免费观看| 亚洲精品在线网站| 欧美亚洲国产一区在线观看网站| 国产福利一区二区三区| 人人超碰91尤物精品国产| 亚洲精选视频免费看| 久久精品欧美日韩精品 | 欧美精品一区二区三区很污很色的 | 日韩精品一区二区三区中文精品| 色综合久久88色综合天天免费| 狠狠色丁香婷综合久久| 亚洲国产成人av| 椎名由奈av一区二区三区| 国产亚洲欧美一区在线观看| 在线播放欧美女士性生活| 91在线观看视频| 精品一区二区三区不卡| 五月婷婷久久综合| 有码一区二区三区| 国产精品麻豆网站| 久久久久久久综合色一本| 7777精品伊人久久久大香线蕉 | 91香蕉视频在线| 激情国产一区二区| 五月婷婷激情综合| 国产精品久久久久桃色tv| 久久综合丝袜日本网| 日韩欧美你懂的| 欧美色视频在线| 91农村精品一区二区在线| 国产精品白丝jk黑袜喷水| 久久99久久99小草精品免视看| 五月综合激情婷婷六月色窝| 亚洲与欧洲av电影| 亚洲免费观看高清完整| 一区免费观看视频| 亚洲国产精品成人综合| 久久久精品综合| 精品国产乱码久久久久久夜甘婷婷 | 精品日韩一区二区三区| 在线不卡中文字幕| 欧美三级日韩在线| 91福利在线导航| 91猫先生在线| 91在线观看高清| 色哟哟一区二区| 日本乱人伦aⅴ精品| 99re热视频这里只精品| 91网站最新地址| 91影院在线观看| 色婷婷久久久久swag精品| 色婷婷久久久久swag精品 | 视频一区二区欧美| 亚洲电影在线播放| 亚洲成人av一区二区| 性感美女极品91精品| 婷婷六月综合网| 日韩电影在线一区| 奇米一区二区三区| 久久精品99国产精品日本| 久久av中文字幕片| 国产乱国产乱300精品| 国产精品综合网| 成人免费看片app下载| av电影一区二区| 色婷婷综合久久久中文字幕| 欧美性生交片4| 51精品秘密在线观看| 日韩一级精品视频在线观看| 精品裸体舞一区二区三区| 久久综合久久鬼色中文字| 国产欧美一区二区在线| 一色桃子久久精品亚洲| 亚洲在线观看免费视频| 日韩电影在线一区| 韩国av一区二区三区四区| 国产精品一区二区三区乱码| 不卡在线视频中文字幕| 日本伦理一区二区| 91精品在线观看入口| xfplay精品久久| 国产精品三级电影| 一区二区视频免费在线观看| 婷婷夜色潮精品综合在线| 精彩视频一区二区三区| 成人成人成人在线视频| 91免费国产视频网站| 欧美在线综合视频| 日韩欧美二区三区| 中文字幕精品三区| 亚洲最大成人综合| 免费观看在线色综合| 国产91富婆露脸刺激对白| 色婷婷av一区二区三区软件 | 久久电影国产免费久久电影| 国产一区二区三区精品欧美日韩一区二区三区| 丁香六月综合激情| 欧亚一区二区三区| 日韩欧美国产一区在线观看| 国产精品私人自拍| 亚洲成人综合视频| 韩国精品主播一区二区在线观看 | 国内一区二区视频| 92精品国产成人观看免费| 欧美麻豆精品久久久久久| 久久久激情视频| 一区二区三区欧美日韩| 久久精品免费看| 99在线精品免费| 欧美一区在线视频| 中文字幕欧美日本乱码一线二线| 亚洲午夜三级在线| 国产精品一区二区在线看| 欧美天堂一区二区三区| 久久婷婷一区二区三区| 一区二区三区精品| 国产美女视频一区| 精品视频全国免费看| 久久九九全国免费| 亚洲综合免费观看高清完整版| 天天综合天天综合色| 成人免费高清在线观看| 91精品福利在线一区二区三区 | 亚洲一区二区三区影院| 韩国一区二区三区| 在线观看91精品国产入口| 久久久精品国产99久久精品芒果| 性欧美大战久久久久久久久| 成人一级片在线观看| 日韩欧美一区二区三区在线| 亚洲欧洲制服丝袜| 国产一区二区三区蝌蚪| 欧美亚洲综合网| 中文字幕+乱码+中文字幕一区| 奇米精品一区二区三区在线观看一| a亚洲天堂av| 日韩一级片网站| 亚洲综合视频在线观看| 东方欧美亚洲色图在线| 91精品国产综合久久久蜜臀粉嫩 | 黄一区二区三区| 欧美视频一区二| 亚洲欧洲另类国产综合| 国产综合久久久久久鬼色| 欧美高清视频一二三区| 亚洲色图欧洲色图婷婷| 国产成人精品影视| 日韩一区二区不卡| 亚洲成人免费在线| 不卡av在线免费观看| 久久久精品国产免大香伊| 麻豆精品视频在线观看视频| 欧美精品免费视频| 亚洲精品菠萝久久久久久久|