Xie Hongguang, deputy director of the national bureau of statistics said yesterday that China’s gross domestic product last year, an increase of 7.8% over the previous year, compared with 2011, although fall, but still significantly faster in other major countries or regions, contribution to world economic growth continues rise.
Xie Hongguang in interpreting statistical bulletin, 2012, according to the international monetary fund’s latest forecast, the 2012 world economic growth is expected to be 3.2%. Of America, the euro area at 2.3%, 0.4%, Japan’s 2.0%. In emerging and developing economies, Russia’s growth of 3.6%, India 4.5%, Brazil 1.0%, 2.3% in South Africa.
Xie Hongguang, thinks that in 2012 the world economic recovery is still fragile, the basis of the domestic economy continued downward pressure. In such a complex international environment, China implements national economy gradually stabilize operation, steady economic and social development into the overall pattern of, is not easy.
From the investment, consumption and net export demand structure, domestic demand is still the main driver of economic growth. Final consumption in 2012 accounted for 51.8% of China’s economic growth, the contribution rate of capital formation to economic growth of 50.4%, final consumption to economic growth contribution rate 1.4% higher than the capital formation.
This news was published by Yiwu International Trade Co.,Ltd.:
Yiwu Recent Comments