在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Industries

Spending on roads, railways will lift economy

By LAN LAN (China Daily) Updated: 2015-04-16 09:46

Economists are hoping new infrastructure investment will inject vitality into the slowing Chinese economy, which is currently being held back by a lagging property market and continued overcapacity in the manufacturing industry.

The country's urban fixed-asset investment rose 13.5 percent year-on-year to 7.75 trillion yuan ($1.26 trillion) in the first quarter, compared with 13.9 percent in the January to February period, the slowest expansion since 2001, the National Bureau of Statistics said on Wednesday.

Yue Guoqiang, an investment expert at the Academy of Macroeconomic Research, under the National Development and Reform Commission, said relatively robust investment in infrastructure has acted as a buffer against any sharper slowdown in growth.

In the first quarter, overall infrastructure investment, excluding the power industry, rose 23.1 percent year-on-year to 1.28 trillion yuan. Investment in the rail and transportation sectors rose 23.8 percent, while investment in public facilities increased by 23.5 percent.

Policymakers have pinned their hopes on accelerating those levels of investment to boost the economy.

China has set a target of injecting a total of 800 billion yuan into domestic railway construction this year, around the same level as last year. Railway and highway projects in the central and western regions of China will be a priority, said officials.

Although China has managed to build a vast largely new national rail system over the past decade, experts think there is still great potential for further inter-city projects and urban rail networks.

The planned "One Belt, One Road" initiatives, proposed by President Xi Jinping in 2013, are also expected to inject huge momentum into the development of the country's western regions with new infrastructure projects at its core.

According to a draft plan of the National Railway Administration, China plans to invest 2.8 trillion yuan in railway construction within the 13th Five-Year Plan (2016-20), the local 21st Century Business Herald reported on Tuesday.

Yue said, however, that fixed-asset infrastructure investment activity is likely to remain soft in coming months, partly because slower local fiscal revenue and market sentiment had squeezed local government spending.

Guan Qingyou, executive director of Minsheng Securities' research institute, said the manufacturing sector continues to suffer serious overcapacity, leaving little prospect of any new production being added in these sectors as market expectations remain low.

Investment in the manufacturing industry rose 10.4 percent in the first quarter.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: av福利网站| 久久成人在线 | 91福利区 | 精品一区二区三区四区五区 | 黄色成人毛片 | 午夜在线| 午夜精品视频在线 | 久久精品一区二区三区不卡牛牛 | 久久国产一区 | 狠狠干综合网 | 亚洲视频在线播放 | 欧美在线观看一区二区 | 国产欧美一区二区 | 毛片毛片毛片毛片毛片毛片 | 在线观看黄网站 | 久久xxx| 国产精品第一 | 一区二区三区在线观看视频 | 在线免费av网站 | 日韩免费精品视频 | 91亚洲国产成人精品性色 | 手机av在线免费观看 | 国产精品美女久久久久av爽 | 欧美日韩在线精品 | 亚洲人高潮女人毛茸茸 | 欧美精品日韩 | 免费看毛片网站 | 久久久福利视频 | 日韩亚洲天堂 | 免费在线成人 | 日韩中文字幕视频 | 日日操日日干 | 亚洲一区二区免费 | 欧美日韩中文字幕在线观看 | 欧美老少妇 | 亚洲午夜久久久 | 超碰在线中文字幕 | 国产伊人网| 在线观看av不卡 | 国产乱国产乱300精品 | 欧美在线日韩 |