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China’s economic growth pickup in 2017 was globally eyecatching accompanied by improved quality structure and the continuous pursuit of innovation and openness The 69percent GDP growth last year showed “high gold content” the 80trillionyuan economic aggregate surpassed the total of the 5th to 10th largest GDP owners in the world
High and New Industrial Zone, Kexue Revenue, High and New Technology Industrial Development Zone, Zhengzhou, China
Get Latest PriceTotal spending on research and development for the entire economy has to reach 25 percent by 2020 and the contribution of technological progression towards economic growth has to reach 60 percent The target growth rate 65 percent is a much smaller number than the average number in the past 10 years but is still relatively high compared to most major economies around the world
More DetailsIn its latest World Economic Outlook the IMF uplifted its assessment for the growth of major economies around the world in 2018 with China up by 01 to 66 The forecast for US growth in 2018 is 29 up by 06 percent The forecast for the eurozone is upgraded to 24 percent
More DetailsAt the same time the aim of maintaining stable growth is to ensure employment As the service sector becomes larger the number of small and micro businesses grows and the economy gains ground a growth rate of approximately 7 percent will ensure ample employment
More DetailsOur proactive fiscal policy must sustain the momentum of economic growth and increase economic returns The government budget deficit for 2015 is projected to be 162 trillion yuan an increase of 270 billion yuan over last year which means that the deficit to GDP ratio will rise from last year s
More DetailsThe decline of inflation has left room for China to seek balance between inflation and economic growth The central banks hints to finely tune monetary policy prompted experts to forecast that the central bank may lower the deposits reserve ratios
More DetailsGrowth prospects linked to domestic and regional political developments Fitch Ratings indicated that the Lebanese economy is likely to improve in 2012 compared to 2011 but anticipated significant risks to growth prospects due to continued domestic political instability the likely escalation of regional unrest and the uncertain global envi
More DetailsWe the Leaders of APEC met in Lima under the theme of Quality Growth and Human Development to continue working on our common endeavor to support free and open trade and investment sustainable economic growth and shared prosperity in the AsiaPacific region
More DetailsBeijing should assume the common but different responsibilities in paying membership dues and peacekeeping budget China has emerged as the worlds second largest economy with its GDP gross domestic product only behind the US which is a natural outcome of the economic aggregate growth in
More DetailsThe Yangtze River Economic Belt is the main battlefield for achieving a new type of urbanization It is moving forward rapidly with persistence in green development steady increase in economic aggregate rapid percapita GDP growth and strong local finance
More DetailsThe annual Central Economic Work Conference was held in Beijing from Wednesday to Friday as Chinese leaders reviewed the economic work in 2018 and made plans for the economy in 2019 The following is a roundup of the key points of the conferences over the last five years
More DetailsHowever BRICS ability for sustainable growth seemed to be challenged by recent slowdown in economy with Indias GDP in last quarter of 2011 expanding by 61 percent the slowest pace in nearly three years and China setting a lower target growth of 75 percent for 2012
More DetailsAccording to MOFCOM by the end of 2018 accumulative Chinese business direct investment in the US exceeded US7317 billion The rapid growth of Chinese business investment in the US has contributed to local economic growth job creation and tax revenues
More DetailsOfficial statistics provide to the government to the economy and to the public on an impartial basis reliable statistical data on the economic demographic social health and environmental situation and on activities or events that can be measured by using statistical methods and ensure the meeting by the Republic of Croatia of international
More DetailsAlthough GDP growth fell from 92 percent in 2009 to 77 percent in 2013 the absolute value of that 77 percent is RMB 5 trillion more than double the 2009 figure RMB 27 trillion China is trying to invigorate the market economy by deepening reforms and giving markets a decisive role in resource allocation
More DetailsThe UN report gave Chinas economic growth a positive forecast of 87 percent for this year The countrys key 2011 economic figures released on Tuesday show that fourthquarter GDP growth slowed to 89 percent from 91 percent in the previous quarter
More DetailsAccording to MOFCOM by the end of 2018 accumulative Chinese business direct investment in the US exceeded US7317 billion The rapid growth of Chinese business investment in the US has contributed to local economic growth job creation and tax revenues
More DetailsNov 03 2011 · This year marks the tenth anniversary of Chinas accession to the WTO In the past ten years Chinas economy has made significant advance and its contribution to world economic growth has been growing Chinas average tariff level has dropped from 153 to 98 which is lower than the WTO requirement for developing countries
More DetailsOfficial statistics show that China’s economy grew 69 percent year on year in 2015 its slowest annual expansion in a quarter of a century Therefore structural reforms have been highlighted as one of the country’s key economic tasks GDP growth rate is no longer a
More DetailsLebanon in the News LEBANON THIS WEEK January 2328 2012 3 Domestic and regional instability to limit economic prospects in 2012 The Royal Bank of Scotland RBS expected economic growth in Lebanon in 2012 to be lower than the growth rate of 15 posted
More DetailsLebanon in the News LEBANON THIS WEEK January 2328 2012 3 Domestic and regional instability to limit economic prospects in 2012 The Royal Bank of Scotland RBS expected economic growth in Lebanon in 2012 to be lower than the growth rate of 15 posted
More DetailsThe growth rate which was up from 3 percent in September represented an annual high Food prices grew 155 percent year on year last month up from 112 percent in September while nonfood prices gained 09 percent 01 percentage points lower than in September
More DetailsThe growth of fixedassets investment another main engine of the Chinese economy also showed new positive trends On the whole Chinas fixedassets investment from January to August has grown at a slower rate of 53 percent down by two percentage points from the same period last year
More DetailsNamely gearing the reform of fiscal and tax systems towards scientific development towards transforming the mode of economic growth and towards safeguarding and improving the public wellbeing we must speed up our efforts to develop fiscal and tax systems that are conducive to achieving scientific development
More DetailsNegative growth will be recorded through the second quarter of 2009 meeting the technical definition of recession as two or more consecutive quarters of negative growth The OECD area economy appears to have entered recession said Jorgen Elmeskov director of the policy studies branch and the OECDs economics department
More DetailsBeijing should assume the common but different responsibilities in paying membership dues and peacekeeping budget China has emerged as the worlds second largest economy with its GDP gross domestic product only behind the US which is a natural outcome of the economic aggregate growth in
More DetailsEvery percentage point of GDP growth today is equivalent to 15 percentage points of growth five years ago or 25 percentage points of growth ten years ago The larger the economy grows the greater the difficulty of achieving growth
More DetailsFor instance in 2007 the copper industry yielded a sale income of 50 billion yuan while the city realized a total of industrial sale income of 70 billion yuan The copper industry contributed more than 30 per cent of the cityis aggregate revenue Its economy is considered to be vulnerable due to the concentration on a single industry
More Detailslimits with the approval of the Minister of Finance and National Economy In addition to the statutory deposit provided for in the previous paragraph every bank shall maintain a liquid reserve of not less than 15 percent of its deposit liabilities Such reserve shall be in cash gold or assets which can
More DetailsBeijing owns the best environment for financial and science and technology innovation while Shanghai is located in the economiclively Yangtze River Delta Region A country’s economic aggregate and supporting policies determine whether a city becomes an international financial hub or
More DetailsLi Keqiang pointed out that the reason for China’s economy to go through various difficulties and maintain steady growth and accelerate transformation is that we actively adapt to the new normal of economic development stick to moderate expansion of the aggregate demand work hard to promote the supplyside structural reform and
More DetailsChina’s economic structure to resolve the longstanding problem in China’s economic development that being a lack of adequate balance coordination and sustainability And we must balance economic development with population the environment and resources I also want to point out that a 7percent growth target is not a low target
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