Experts Predict That GDP Growth Will Slow Down &Nbsp In The Two Quarter, But Not Less Than 10%.

2010/7/14 11:54:00 30

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Societe Generale Bank Economic Operation Economy

The National Bureau of statistics will release the two quarter GDP tomorrow.

economical operation

Data.

Many experts predict that the growth rate of China's economy in the two quarter will be slower than that in the first quarter, but not less than 10%.

Industrial Bank

Senior economist Lu commissar said that since the beginning of the year, successive measures such as local financing platform clearance, real estate regulation and other measures have led to shrinking domestic demand through local investment decline.

However, despite the pessimism of the market, retail data show that consumption is still robust, and the GDP growth rate is expected to reach 10.4% in the second quarter, reaching around 10% in the whole year.

Pei Changhong, director of the Institute of Finance and trade of the Academy of Social Sciences, predicts that China's economy will grow by 10.6% in the two quarter, and the GDP growth in China will reach 10.5% in 2010.

Zhang Xiaojing, director of the Macroeconomic Research Office of the Institute of economics of the Academy of Social Sciences, said that the GDP in the two quarter increased by at least two digits, more than 10%.

Peking University

Economics

Huang Guitian, vice president of the Institute, believes that although the growth rate of GDP is likely to decline quarterly by quarter, from May, the industrial electricity consumption increased by 23.33% in the year May, indicating that industrial production has recovered very quickly. The two quarter growth is expected to be relatively fast, at least 10%.