Home>News Center>China
       
 

Economy expected to grow stably in 2005
By Wang Ying (China Daily)
Updated: 2004-12-03 23:00

China's economy is expected to maintain stable and rapid growth in 2005, said Zheng Jingping, spokesman of National Bureau of Statistics of China.

Zheng made the prediction when addressing the 2004 Annual Economic Conference of China IT Industry that opened Friday in Beijing.

China's economic development has ushered in a rapid growth period, which is expected to continue in 2005, according to Zheng.

Contributors for the vibrant momentum are the urbanization trend that comes with fast economic growth, the increasingly thriving chemical industry, and the burgeoning IT industry that serves as an impetus to upgrading traditional industries and trades, Zheng explained.

China is actively involved in international co-operation, and its concentrated efforts on industry internationalization have also contributed to economic success, Zheng said.

According to statistics, China's foreign trade volume climbed 34.35 per cent from January to October 2004 over the same period last year, with a US$11 billion trade surplus.

During the 10 months, the country's contractual foreign investment accounted for US$119 billion, up 34 to 35 per cent year-on-year, and actual foreign investment totalled US$53.8 billion, up 24 per cent, exceeding total actual foreign investment in 2003.

The world's economic development environment in the mild growth period is also conducive to China's robust economic growth in 2005, and the global economy will continue on its recovery track, Zheng said.

The International Monetary Fund (IMF) estimates the world's economy in 2005 will maintain a 4.3 per cent growth rate, slightly lower than the expected 5 per cent this year, but still topping the average increase of 3.5 per cent for 2000 to 2003.

Zheng said the central government will continue sticking to the rational macro-economic control measures, focusing on a scientific development perspective that fits China's particular circumstances and has strategic and far-reaching significance to create a preferential policy environment for economic development.

The Chinese Government's macro-economic controls have shown obvious effects for the country's 2004 economic growth, according to Zheng.

Statistics show the country's financial revenues jumped by 24 per cent for the first 10 months this year, and enterprises' profits increased by 40 per cent.

More fixed assets investment, backed by revenue increases in 2004, will further push China's economic growth in 2005, together with demands from foreign trade and domestic consumption, said Zheng.

The Consumer Price Index (CPI) increased by an average 4.1 per cent during the first 10 months of 2004, and is expected to continue growing next year, due to soaring real estate prices in China. The Influences of surging oil prices in the international market and other possible new price hike factors will also have an impact, said Jiao Jinpu, deputy head of the Research Bureau under the People's Bank of China, who is also attending the annual economic conference sponsored by the Ministry of Information Industry.

Problems that may curb China's 2005 economic growth still exist, Zheng noted, including China's current economic structure and economic growth mode that do not fully accord with market economy rules.

As for short-term obstacles, the agricultural industry's further development still faces difficulties, reductions on the scale of fixed-asset investment to avoid inflation still could see possible rebounds, and how the government successfully copes with the situation after China's World Trade Organization grace period remains uncertain, said Zheng.



 
  Today's Top News     Top China News
 

EU urged to lift arms sales ban at early date

 

   
 

Economy expected to grow stably in 2005

 

   
 

China pushes for landmine elimination

 

   
 

30 killed in pair of major attacks in Iraq

 

   
 

12 criminals in Xi'an lottery fraud sentenced

 

   
 

Juneng calcium tablets not unsafe: Officials

 

   
  Economy to maintain fast, stable momentum
   
  Speech by US congressman on HK issue disapproved
   
  Juneng calcium tablets not unsafe: Officials
   
  China pushes for landmine elimination
   
  EU urged to lift arms sales ban at early date
   
  Bodyguards face legal quagmire
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 日韩在线视频免费| 免费视频你懂的| 亚洲成AV人片在线观看ww| a视频免费观看| 欧美XXXXX高潮喷水麻豆| 国产99视频精品免视看9| 99国产精品免费观看视频| 最新国产午夜精品视频成人| 另类小说亚洲色图| 4480新热播影院| 拍拍拍无挡无遮10000| 亚洲欧美日韩久久精品第一区| 中文字幕在线观看日韩| 特级av毛片免费观看| 国产成人精品啪免费视频| 丁香婷婷亚洲六月综合色| 欧美另类杂交a| 又大又粗又爽a级毛片免费看| 深夜福利视频网站| 性一交一乱一视频免费看| 亚洲人成影院在线观看| 美女的尿口免费看软件| 国产精品原创巨作av| 三上悠亚在线观看视频| 日本在线视频www色| 亚洲第一区精品观看| 色偷偷91综合久久噜噜噜男男| 国产精品爽爽ⅴa在线观看| 中国一级毛片视频免费看| 最近中文字幕高清中文字幕电影二 | 欧美色欧美亚洲另类二区| 国产乱子伦真实china| 99r精品在线| 无码无套少妇毛多18pxxxx| 亚洲小说区图片区另类春色| 狂野欧美性猛交xxxx| 免费国产成人午夜电影| 豪妇荡乳1一5白玉兰免费下载 | 91久久打屁股调教网站| 成品人视频ww入口| 亚洲av本道一区二区三区四区|