1 post Page 1 of 1
Postby Xuwanghuan » Sat Jan 12, 2019 5:50 am
BEIJING cheap nike air max 270 uk , Dec. 14 (Xinhua) -- China's economy has held steady in the first 11 months of 2017, on track to reach this year's growth target and creating room for policy makers to step up efforts on risk control, poverty relief and pollution next year.

Data released Thursday showed fixed-asset investment (FAI) climbed 7.2 percent for January-November period, down from 7.3 percent in the first 10 months. The pace of growth has declined for eight consecutive months.

Investment in property development rose 7.5 percent from a year earlier, edging down from 7.8 percent in the first 10 months, according to the National Bureau of Statistics (NBS).

As the government maintains property purchasing curbs to contain speculation nike air max 270 uk , housing sales measured by floor area recorded a slower growth of 7.9 percent in the first 11 months.

Infrastructure investment, which accounts for more than 20 percent of the total FAI, surged 20.1 percent for January-November period year on year, the pace of growth accelerating from 19.6 percent for January-October.

Industrial output also softened due to tighter environmental rules, rising 6.1 percent last month, down from October's 6.2 percent increase.

Lifted by the Singles' Day (Nov. 11) online shopping promotion Nike Air Max Plus TN Ultra All White UK , retail sales grew 10.2 percent in November, up from 10 percent the previous month.

Sales at Alibaba, China's largest e-commerce platform, hit a record high of 168.3 billion yuan (25.5 billion U.S. dollars) on Nov. 11.

"Consumption will stay robust on the back of higher incomes and is expected to stay a pillar for economic growth next year," said Li Huiyong, an analyst at Shenwan Hongyuan Securities.

Thursday's data confirmed the trend of stable and sound economic growth Nike Air Max Plus TN Ultra All Black UK , as conveyed by previous statistics, including the purchasing managers' index, foreign trade and new loans.

"The country's economy has continued steady and sound development, and will maintain the trend in 2018," NBS spokesperson Mao Shengyong said.

The country's GDP grew 6.9 percent in the first nine months, above the government's target of around 6.5 percent for the year.

Wen Bin Men's Nike Air Max Plus TN Ultra Red Burgundy UK , a researcher with China Minsheng Bank, expects the country's GDP growth to be 6.8 percent this year.

Major international institutions and investment banks, including the IMF and the World Bank, both raised their forecasts for China's 2017 growth.

Analysts said the steady economic growth will give policy makers more leeway to control risks, reduce poverty and tackle pollution, which the central authorities have called "the three tough battles" for 2018.

Tighter rules on polluting factories might weigh on production Men's Nike Air Max Plus Mercurial TN Orange Black UK , while higher borrowing costs amid enhanced financial regulation and deleveraging efforts could also have an impact on economic activity.

UBS economist Wang Tao expects more of the impact from the ongoing clean air campaign to come in December and the first quarter of 2018, which along with a softening of infrastructure investment amid tighter local government financing rules and other supply-side structure reforms, should dampen GDP growth to 6.6 percent in the fourth quarter and 6.5 percent in the first quarter of 2018.

Earlier in the day, both the country's money market rates and the central bank's open market operation rates increased, hours after the U.S. interest rate hike.

The central bank's open market operation rates were 5 basis points higher, after the U.S. Federal Reserve raised the benchmark interest rate by 25 basis points Women's Nike Air Max 97 Ultra Metallic Gold UK , the third increase in 2017.

In the money market, the one-month Shanghai Interbank Offered Rate, a benchmark, rose 2.94 basis points to 4.5534 percent, the highest level since June 26.

The benchmark Shanghai Composite Index edged down 0.32 percent to 3,292.44 Thursday.

A document released last week after a meeting of the Political Bureau of the Communist Party of China Central Committee Men's Nike Air Max 97 Ultra 17 White UK , which offers a glimpse into the 2018 economic work, prioritized high-quality development, which it said was "the fundamental requirement for determining the development path, making economic policies and conducting macro-economic regulation for the present and in the period to come."

With current growth still robust, Wang Tao expects macro economic policy to stay unchanged in the next few months with no additional tightening policies.

FERRARI has told Sebastian Vettel he just has to sign on the dotted line to stay with the Formula One glamour team next season.

The championship leader is out of contract at the end of the year but Ferrari chairman Sergio Marchionne set out his team’s position at the Austrian Grand Prix. “I made it very clear that if he wants to stay then we’ll just renew it. It’s up to him,” Marchionne told reporters before Sunday’s race.

Vettel has delayed contract talks to focus on the championship battle Men's Nike Air Max 97 Wheat Gold UK , saying there will be plenty of time over the summer, and any haggling is likely to be about money and the number of years.

The German, a 4-time world champion, moved 20 points clear of closest rival Lewis Hamilton after finishing runner-up to the Briton’s Mercedes teammate Valtteri Bottas at the Red Bull Ring in Spielberg.

With the 20-round season approaching the halfway point at Silverstone next weekend, Vettel has won three races and it would probably have been four had he been given one more lap on Sunday.

As it was, he missed out by a mere 0.6 of a second.

Speaking to the Italian media afterwards Men's Nike Air Max 97 OG GS Black UK , Marchionne said there was plenty to be happy about, however. “It was very close. We are there and our German friends know it,” he said.

“They can feel us breathing down their necks but we will cut this little gap. I am much happier than I was in the past.”

While Vettel leads the standings, champion Mercedes stretched its lead in the constructors’ standings . Cheap Jerseys Cheap Jerseys Cheap Jerseys Cheap Jerseys China Cheap Jerseys From China Cheap Jerseys China Cheap Wholesale NHL Jerseys Cheap Football Jerseys Wholesale Jerseys Wholesale Jerseys From China
1 post Page 1 of 1


Who is online

Users browsing this forum: No registered users and 0 guests