1. LINE

      Text:AAAPrint
      Economy

      Asia GDP growth at 6 pct: ADB

      1
      2015-06-21 06:29Xinhua Editor: Gu Liping

      The Asian Development Bank estimates the overall GDP growth of Asian countries for 2015 will be around 6 percent, making it once again the fastest-growing continent in the world, said its chief economist on Saturday.

      "The economic growth speed of Asian countries varies like flavors of rice dumplings vary," said Wei Shangjin, in a metaphorical reference to the traditional food of the Dragon Boat Festival, which falls on Saturday.

      The growth speed in the northeast and mid-west of the continent is dropping, but the southwest is seeing better growth prospects, he said at the China Wealth Forum in Qingdao, Shandong Province.

      "China is one of the most important countries in northeast Asia and the decline in Chinese economic growth is a major contributor to regional performance," he said.

      Wei attributed the slowdown in China to demographic structural changes, rising labor costs and the impact of international economic cycles. Mongolia is also seeing downward growth trend, he added.

      Dragged by a housing slowdown, softening domestic demand and unsteady exports, China's economy in 2014 grew 7.4 percent, its weakest annual expansion in 24 years. GDP growth in the first quarter of the year eased to 7 percent.

      Singapore is a very good example of upward growth in southwestern Asia, according to Wei.

      The Asian Development Bank estimates India's growth speed at 7.8 percent. "India's economic reform is heading to the right direction. It will do better next year, reaching 8-percent growth, and if nothing big comes up, it will maintain 8-percent growth or better in the future," Wei said.

      The situation is more complicated in the western and central Asian countries. "Due to lower oil and gas prices, these countries have been met with many difficulties in their economies," Wei said.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      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: 久久久久久成人毛片免费看 | vvvv99日韩精品亚洲| 亚洲国产精品美女| 久草视频免费在线观看| 久久精品国产亚洲77777| 99久久免费中文字幕精品| 亚洲成a人片在线观看中文动漫 | 国产精品1024在线永久免费| 亚洲午夜激情视频| 韩日电影在线播放免费版| 亚洲AV无码专区在线播放中文| 国精产品一区一区三区免费视频| 久久精品国产亚洲av成人| 无码免费一区二区三区免费播放| 亚洲成AV人在线播放无码 | 两个人看的www免费视频中文| 久久国产亚洲精品麻豆| 88av免费观看| 亚洲最大无码中文字幕| 日韩亚洲国产二区| 日本黄色动图免费在线观看| 亚洲日韩在线视频| 国产大片线上免费看| 国产精品免费视频观看拍拍| 久久青青草原亚洲av无码app| 国产1000部成人免费视频| 99亚偷拍自图区亚洲| 亚洲无码日韩精品第一页| 99国产精品视频免费观看| 亚洲综合一区无码精品| 亚洲一本大道无码av天堂| 蜜桃AV无码免费看永久| 国产成人精品久久亚洲高清不卡| 亚洲午夜精品久久久久久浪潮 | 日韩在线视精品在亚洲| 亚洲色无码一区二区三区| 国产精彩免费视频| 一区二区免费在线观看| 亚洲网红精品大秀在线观看| 美女被免费视频网站a国产| 中文字幕不卡高清免费|