日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Domestic consumption

Domestic consumption takes driver's seat

By Ding Qingfen in Beijingand Diao Ying in London (China Daily) Updated: 2012-03-22 08:13

Domestic consumption will be the main driver of China's economic growth this year, said a Ministry of Commerce think tank.

It is set to surpass government investment for the first time in a decade, said the Chinese Academy of International Trade and Economic Cooperation on Wednesday.

"The increasingly burgeoning income for Chinese individuals and their growing willingness to spend are major reasons behind the consumption growth," said Zhang Ping, deputy director of the Department of Consumption Economics at the academy and head of the team drafting the report.

The 2012 China Consumption Market Development report suggested that the Chinese government should maintain policies to continue expanding domestic consumption.

That includes lowering taxes on consumer and luxury goods, deepening income distribution reform, and continuing tax rebate policies.

Government investment has long held a leading role in stimulating the nation's economy, along with domestic consumption and exports.

However, the outlook for government investment this year is not positive, Zhang said.

Economic crises in other countries have also battered exports.

In 2012, China's domestic consumption will grow by 15 percent, the report predicted.

Such rising domestic demand will create opportunities for China's trading partners, according to Stephen Green, minister of state for trade and investment of the United Kingdom.

"In China, everyone recognizes that the growth in the past years has been led too much by exports and investments, not enough by consumption and domestic demand," the UK trade minister said.

More domestic demand will lead to more balanced trade, and UK exporters will have more chances to sell to China as Chinese middle-class consumers want the same branded goods as everywhere else, from motorcars to Burberry and scotch whisky, said Green.

The Chinese economy is expected to grow by 7.5 percent this year.

Consumption key

Urban residents will remain the major consumer group in China, despite the faster growth of per capita incomes for rural residents, said the report.

Consumption of furniture, construction and house decorating materials will grow nearly 30 percent in 2012 as a large number of affordable houses come into operation, it said.

Vice-Premier Li Keqiang said last weekend that expanding domestic consumption is a strategic point for economic development, especially this year, as there is slack in international markets.

Due to the European debt crisis, China's exports were grim during the first two months of this year, and February also saw the largest trade deficit in the past two decades.

Contact the writers at dingqingfen@chinadaily.com.cn and diaoying@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 天天干天天草 | 2021亚洲天堂 | 国产午夜不卡 | 91视频在线观看网站 | 成人一级视频在线观看 | aaa一区二区三区 | 亚洲a在线视频 | 免费成人美女女在线观看 | 午夜国产免费 | 三年中国国语在线播放 | 一级大片视频 | 天天干天天干天天干天天 | 2级毛片| 男人天堂a | 黄色片免费在线播放 | 中文字幕永久在线视频 | 日本一区二区视频在线观看 | 亚洲第三十七页 | 手机在线精品视频 | 久久久久久影视 | 亚洲九九视频 | 四虎影院色 | 谁有毛片网址 | 五月婷婷俺也去 | 亚洲视频精品 | av福利在线观看 | 国产不卡在线观看视频 | 亚洲狼人天堂 | 一区二区三区免费看 | 在线看黄色av | 久久一级视频 | 日韩影音| 在线h网站 | 亚洲美女激情视频 | 亚洲国产91 | 日韩精品在线不卡 | 中日韩在线播放 | av成人在线看 | 中国黄色片视频 | 毛片av网站| 亚洲国产黄色 |