1. Text: | Print|

      MOC expects better consumption growth in H2

      2013-07-17 16:00 Xinhua Web Editor: qindexing
      1

      The growth of China's domestic consumption is expected to maintain momentum in the second half of the year, Ministry of Commerce spokesman Shen Danyang said Wednesday.

      He said the ministry believes consumption in the second half will fare slightly better than in the first half, although some restraint will remain.

      Shen's remarks followed Monday's release of key economic data for the first six months. The data showed that nominal retail sales grew 12.7 percent year on year to 11.08 trillion yuan (1.8 trillion U.S. dollars) in the first half.

      The growth rate increased by 0.3 percentage points from the first quarter, according to the National Bureau of Statistics.

      In June alone, retail sales totaled 1.88 trillion yuan, up 13.3 percent year on year, marking the fastest growth since the start of the year.

      Shen said the year-on-year increases have fallen within a range that points to relatively fast consumption growth.

      The growth rate has continued to rebound since March and mass consumption has also increased steadily, he added.

      Consumer confidence in the short-term may be undermined by slower income growth, the exit of some stimulus measures and adjustments in the consumption structure, although a stable macro-economy in the first half will lay the foundation for steady consumption growth, according to Shen.

      China has been trying to retool its economy into a consumption-led growth model in order to shift its reliance away from exports and investment.

      Official data showed that China's GDP growth slowed to 7.5 percent in the second quarter from 7.7 percent during the first three months of the year, with consumption contributing to 45.2 percent of first-half GDP growth, which stood at 7.6 percent.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 黄页网站在线看免费| 免费一级毛片在线播放放视频| 中文字幕免费在线看电影大全| 日韩电影免费在线| 亚洲精品中文字幕无乱码麻豆| 精品无码国产污污污免费网站| 亚洲午夜福利AV一区二区无码| 美女隐私免费视频看| 精品国产综合成人亚洲区| 日韩欧美亚洲国产精品字幕久久久| 成年人免费的视频| 亚洲乱码中文论理电影| 亚洲国产成人精品无码区花野真一 | 亚洲国产成人久久笫一页| 亚洲AV日韩综合一区| 四虎免费永久在线播放| 国产成人人综合亚洲欧美丁香花| 色吊丝永久在线观看最新免费| 亚洲AV日韩AV无码污污网站| 国产男女猛烈无遮挡免费视频网站 | 国产a v无码专区亚洲av| 亚洲AV无码日韩AV无码导航| 亚洲粉嫩美白在线| 中文在线观看永久免费| 亚洲精品美女久久777777| 久久精品成人免费看| 亚洲另类激情综合偷自拍| 在线看免费观看AV深夜影院 | 亚洲av无码偷拍在线观看| 亚洲成a人片在线观看日本麻豆| 污网站在线观看免费| 国产亚洲综合一区柠檬导航| 8x成人永久免费视频| 亚洲午夜理论片在线观看| 国产不卡免费视频| 精品一区二区三区免费| 亚洲欧洲另类春色校园网站| 免费A级毛片在线播放不收费| a级毛片100部免费观看| 亚洲av永久无码精品三区在线4 | 84pao国产成视频免费播放|