Interpreting Chinese Economy’s Reports in Spring
2015-05-21 02:54:52
環(huán)球市場信息導報 2015年16期
Interpreting Chinese Economy’s Reports in Spring
The Chinese economy’s Reports in Spring officially disclosed in April 15 that GDP grew at 7% in the first quarter of this year which made a lowest record in the past six years, while the Shanghai securities composite index is approaching 4300 points, a highest value over the past seven years. How to consider the sharp contrast about the highest and lowest?
On April 14, the previous day before economic data released, Premier Li Keqiang presided over an economical situation forum. By taking the pulse of China’s economy he proposed a judgment for the first time that current Chinese economy is standing at a “transition”, and how many policy tools are there in the “kit” in order to keep China’s economy sound in a reasonable interval?
what does a growth rate of 7% mean to China’s economy in the new normal? And what “wind indicators” are revealed through economic indicators made in the first quarter? How to understand the “transition” of China’s economy? What tools are there in the Premier’s “kit”? what’s the macro-control orientation in the next stage? Will the funds flow to substantial economy or flush into riproaring markets?
Please focus on current economic hotspots together with Beijing CBD, which will interpret the Chinese economy’s Reports in Spring.
The “transition” of new and old drives to China’s economy
the statistics from the state statistics bureau (ssb) show that the first quarter of 2015 witnessed a GDP of 1406.67 billion yuan. According to SSB spokesman Sheng Laiyun, 7.0% of growth rate is still a more rapid one in today’s world.
China Stock Mania Coming Back
It is expected that the press from economic downturn made the Central Bank cut down deposit reserve ratio and interest rates in a big margin with China’s economic downturn. However, the sustainably booming China stock market attracts a great many investors to “rush into stock market”. The purpose for Central Bank to cut down deposit reserve ratio and interest rate is to let plenty of funds pack into stock market. What new change will be made to macroeconomic regulation and control?
World Economy Stepping into A New Mediocre Age
The first-quarter global economy showed an insipid beginning, and didn’t get rid of a lowly-growing “new mediocre” state and a trend of a “big polarization” of economies in growth as a whole. It is breeding more new risks and challenges.
