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 / Latest News

Government rolls out railway stimulus plan

By Zheng Yangpeng (China Daily) Updated: 2014-04-04 11:05

A total of 6,600 kilometers of new rail lines will be put into use this year, an increase of more than 1,000 kilometers over last year, according to the statement. Of the newly added lines, nearly 80 percent will be in central and western China.

The government said it will issue bonds worth 150 billion yuan ($24 billion) to finance railway construction this year.

Chen Hufei, a macroeconomic analyst with Bank of Communications Ltd, said these measures are expected to prevent the flagging investment sector from slipping further.

Fixed-asset investment growth in the first two months of the year dropped to a record low of 17.9 percent, down from 19.3 percent for the whole of 2013.

"As property investment fell, and the manufacturing sector became plagued by excessive capacity, investment in infrastructure became key for the central government," Chen said, adding that his research team forecast that first quarter investment growth would end at 18.5 percent.

Investment has accounted for about a half of China's GDP in recent years. Property, manufacturing and infrastructure are the three main components of the world's second-largest economy's fixed-asset investments.

The current selective stimulus package is a rerun of measures adopted in mid-2013, when the economy was losing steam, analysts said, but they also saw signs of reform in with the investment-led pro-growth measures.

For example, the setup of a railway development fund is a new initiative, although it has been advocated for years. Experts said it is a mechanism to encourage private capital's participation, as investors are doubtful about using traditional investments.

China also signaled its willingness to loosen its tight control over railway prices by announcing on Tuesday that freight prices of a rail line in coal-rich northwestern China will be determined solely by operators, customers and investors.

This is the first time that China has opened up prices of rail transportation.

Xie Yaxuan, head of macroeconomic research with China Merchants Securities Co Ltd, said the government prefers to use reform to spur growth, though it takes more time.

"The traditional methods are like antibiotics: a quick cure but with side effects. The reform measures are like traditional Chinese medicine: fewer side effects but a slower cure. The latter is good, but I'm not optimistic about its short-term effectiveness," he said.

Government rolls out railway stimulus plan

 Railway a growth engine for Sino-German trade

Government rolls out railway stimulus plan

Railway boosts economic growth in Tibet

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: www成人在线观看 | 第四色亚洲色图 | 成人午夜毛片 | 波多野结衣视频一区二区 | 99热只有 | 国产精品一区二区三区四区 | 黄色片免费观看 | 四虎免费av | 欧美亚日韩 | av在线天堂 | 国产精品第5页 | av毛片在线免费观看 | 亚洲不卡在线观看 | 狂野欧美性猛交xxxx巴西 | 亚洲国产成人精品女人久久久 | 天堂av片 | 伊人精品在线 | 久热国产在线 | 白嫩白嫩国产精品 | 亚洲天堂三级 | 成人免费毛片观看 | 一级久久久 | 亚洲成人91 | 香蕉在线影院 | 欧美激情16p | 精品999视频 | 亚洲成熟少妇视频在线观看 | 麻豆成人在线视频 | 欧日韩精品| 国产成人在线一区 | 欧美亚韩一区二区三区 | 日韩欧美中文在线观看 | 热久久最新 | 可以在线观看的av | 黄色三级免费网站 | 99久久婷婷国产精品综合 | 毛片毛片毛片毛片毛片毛片毛片 | 秋霞午夜影院 | 手机看片日韩日韩 | 一区二区三区四区在线播放 | 久久久精品免费观看 |