(23/07/2013) China Sees 7% as Bottom-Line Growth Tolerable in Slowdown By Bloomberg News - (Jul 23, 2013 2:10 PM GMT+0800) [請分享下面視頻給你的朋友,Share my posts 給朋友/給LIKE。更多的人來到我的Facebook Page，我會提供更好的內容.謝謝.您的支持和鼓勵是重要的!] Premier Li Keqiang’s government sees 7 percent growth as the bottom line for tolerance of an economic slowdown, Chinese news organizations reported, signaling the nation will act to support expansion if needed. Expansion below 7 percent won’t be tolerated because China needs to achieve a moderately prosperous society by 2020, according to a commentary published July 21 by the official Xinhua News Agency and credited to reporter Wang Yuewei. Li said at a recent meeting with economists that 7 percent is the “bottom line” and the nation can’t allow growth below that, the Beijing News reported today. Chinese stocks headed for their biggest gain since July 11 amid optimism that the government won’t let expansion slow too much after gross domestic product rose 7.5 percent in the second quarter from a year earlier, the same pace as China’s official target for this year. Li previously said the government shouldn’t let growth and employment fall below lower limits that he didn’t specify. “The comments confirmed that the government’s acceptable range for growth this year is between 7 percent and 7.5 percent,” said Chang Jian, a Hong Kong-based economist at Barclays Plc who formerly worked for the World Bank. “As economic growth is slowing to below 7.5 percent, the government policy’s focus is gradually shifting to stabilizing growth.” The Shanghai Composite Index (SHCOMP) rose 1.7 percent at 2:02 p.m. local time. Lower Limit Other parts of the reports may add to confusion on the government’s tolerance for a slowdown. The Xinhua commentary said 7.5 percent is the “lower limit” for growth this year while the Beijing News reported Li said the “lower limit” for China’s GDP expansion is 7.5 percent. The articles didn’t elaborate on the difference between a “lower limit” and a “bottom line.” Finance Minister Lou Jiwei said in a press briefing in Washington on July 11 that growth as low as 6.5 percent may be tolerable in the future. While the government in March set a 2013 growth goal of 7.5 percent, Lou said he’s confident 7 percent can be achieved this year. Xinhua later amended its English-language report on Lou to say there’s no doubt that China can achieve this year’s growth target of 7.5 percent. Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. in Hong Kong, said 7.5 percent is the lower limit for growth this year and 7 percent is the boundary starting next year. The government is already trying to support expansion in 2013 with spending on railways, city infrastructure and environmental protection, Shen said. 免責聲明： 以上是個人意見，股票價格可以上升和下跌。股票市場的波動可能會非常高。購買股票和衍生工具是有風險(完整的免責聲明是在我Facebook Page 的About,你應該看它) [我可以預測未來:股票價格+國企指數價格:這視頻會證明這點] 1)在(02/06/2013)精確地預測五窮六絕會發生,國企指數會下跌 400-600 點,世界股票市場會下跌 2)在(02/06/2013)準確地預測在五窮六絕中,(1211)比亞迪最多下跌 20 %, (712)卡姆丹克下跌10% 3)在(08/5/2013) 精確地預測 (712)卡姆丹克不會進一步下跌，在兩個星期的時間將上升到$1.86 4)在(16/06/2013)準確地預測國企指數會下跌500 點或更多 {當你看完觀此視頻,你會認同我(這段視頻中有更多例子} [請給LIKE/Share給朋友,捐款.謝謝!] youtu.be/diAk9HpJCqY
Posted on: Tue, 23 Jul 2013 10:17:59 +0000