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Energy saving achieved positive results is expected to rise will continue to decline cpi by wgre ergrg





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Energy saving achieved positive results is expected to rise will continue to decline cpi by
Article Posted: 05/28/2011
Article Views: 53
Articles Written: 1512
Word Count: 590
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Energy saving achieved positive results is expected to rise will continue to decline cpi


 
Business,Business News,Business Opportunities
Over the past six months, the Chinese economy has experienced unprecedented challenges. The face of uncertain and unstable factors inherent in the relatively strong economic development potential, supported by macro-control and other policies in the comprehensive effect of the overall, China's economic performance was strong shock resistance, continue to maintain the good momentum of stable and rapid growth, the economy continues to heat up and the price increase is increasing all the positive changes in line with the overall operational state of the macro-control targets.

10.5% in the first half of the projected economic growth

This year, the face of these complexities and challenges, the central decision-making and timely deployment, decisive decision-making with one hand and disaster relief, one hand and economic and social development, maintain the momentum of stable and rapid economic development and social harmony and stability, the situation than expected the better, and displays five characteristics:

Energy consumption to achieve positive results. According to preliminary estimates, a quarter of national energy consumption grew 7.7% increase over the same period the previous year decreased 1.68 percentage points; units (million) GDP energy consumption decreased 2.62% over the same period the previous year, down 1.08 percentage point increase. Coal, steel, electric power, petroleum and petrochemicals, nonferrous metals industries are energy consumption per unit of industrial added value in different degrees lower, which reduce the building materials industry 12.04%, 5.29% lower chemical industry, textile industry decreased 7.69%.

National economy maintained steady and rapid development trend. A quarter of gross domestic product grew 10.6% over the same period dropped 1.1 percentage points; GDP growth dropped moderately consistent with macro-control targets, and 10.6% of the growth is still a non-low growth rate. 45 month growth rate of industrial added value from the change in perspective, second quarter economic growth rate may continue to slightly decline, estimated at 10.4% or so. First half of the GDP growth rate projected at 10.5%.

Price increases continue to improve the situation are initially contained. China's consumer prices in May rose for the first time down there, CPI rose 7.7%, or 0.8 percentage points lower than the month. As the state has adopted a series of measures to restrain the excessive price rises gradually implemented, coupled with hikes resulted from the gradual decay effect, expected in June CPI rise will continue to decline.

Excessively large trade surplus situation has changed, the export structure has improved. The statistics show that in the first half trade surplus was 99.03 billion U.S. dollars, less than the 13.21 billion U.S. dollars over the same period last year. In exports, the primary products and low processing, low value-added products exports has slowed down, high-tech goods exports increased more, such as mechanical and electrical products exports up 25.4% over the same period last year increased 1.6 percentage points.

Continued strong consumer demand, total demand structure continues to improve. 1 May, total retail sales of social consumer goods up 21.1% over the same period the previous year to speed up by 5.9 percentage points; urban fixed asset investment grew 25.6%, the growth rate down 0.3 percentage points over the same period last year; exports grew 22.9%, an increase of dropped over 4.9 percentage points a year earlier. Economic growth depends on investment and export demand-driven patterns continue to change, consumption on the role of economic growth further increased.

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