日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / Government / Local Governments News Tools: Save | Print | E-mail | Most Read | Comment
HK GDP Speeds Up to 6.9 Pct Growth in Second Quarter
Adjust font size:

Hong Kong economy expanded briskly in the second quarter of 2007, with GDP speeding up to a 6.9 percent growth over a year earlier, up from a revised 5.7 percent in the first quarter, the government said Friday.

The overall GDP growth in the first half turned out to be 6.3 percent, also better than previously expected, and the growth forecast for the whole year was revised from 4.5 - 5.5 percent to 5 - 6 percent, said government economist Kwok Kwok-chuen.

Kwok acknowledged the existence of external uncertainties but said the economy was set for further solid growth in the second half barring abrupt changes for the worse.

The growth was attributed to robust export of goods, which went up by 11.3 percent in the second quarter in real terms over a year earlier. The mainland market continued to be the key driver and a weak US dollar contributed to the growth, too.

Exports of services also grew distinctly by 10.9 percent.

In the domestic sector, private consumption expenditure increased by 6.6 percent and overall investment spending picked up to a strong increase of 11.1 percent.

The government also warned of uncertainties ahead, including the impact of prolonged correction in the US housing market, the recent turmoil arising from the sub-prime mortgages and the consequent tightening in credit conditions in many financial markets.

The forecast rate of increase in the composite consumer price index for the year as a whole was maintained at 1.5 percent, Kwok said.

Higher food prices, RMB appreciation and weakness of the US dollar are likely to continue to exert pressure in terms of inflation outlook. Nevertheless, sustained rapid increase in productivity on the supply side would provide an offset.

(Xinhua News Agency August 18, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- HK Economy Sees Significant Gains in 2006
- Gov't to Fix Green, Growth Obligations
- Central Bank Vows to Prevent Overheating
Most Viewed >>
Questions and Answers More
Q: What kind of law is there in place to protect pandas?
A: In order to put the protection of giant pandas and other wildlife under the law, the Chinese government put the protection of rare animals and plants into the Constitution.
Useful Info
- Who's Who in China's Leadership
- State Structure
- China's Political System
- China's Legislative System
- China's Judicial System
- Mapping out 11th Five-Year Guidelines
Links
- Chinese Embassies
- International Department, Central Committee of CPC
- State Organs Work Committee of CPC
- United Front Work Department, Central Committee of CPC
主站蜘蛛池模板: 老河口市| 贡嘎县| 朝阳市| 甘洛县| 鹿泉市| 岳普湖县| 宜章县| 白水县| 靖州| 乾安县| 文登市| 邹城市| 台东市| 迭部县| 五华县| 大方县| 西乌珠穆沁旗| 孟连| 揭东县| 藁城市| 宿迁市| 辉县市| 墨竹工卡县| 镇坪县| 来安县| 余姚市| 丹棱县| 浠水县| 邓州市| 项城市| 辉南县| 冀州市| 宽城| 桂林市| 县级市| 张家港市| 塘沽区| 龙州县| 江城| 西峡县| 襄城县|