A number of international institutions to increase China's economic growth is expected

2016-4-23

 

    Recently, in 2016 a quarter of China's economic data have been introduced. Almost at the same time, the International Monetary Fund (IMF), the world bank, JPMorgan Chase, Goldman Sachs, Credit Suisse and other international institutions have also announced the latest predictions about the global economy. Although the international institutions for the annual economic outlook is still conservative and even pessimistic attitude, but in the report generally raised the expectations for China's economic growth. This makes China the most interesting highlights of this round of reports.
April 12th, IMF released in Washington in April, the global economic outlook report, the global economy is expected to grow by 3.2% this year, 0.2 percentage points lower than its forecast in January this year. But in the analysis of the economic situation in various regions and countries, China's economic growth is expected to be raised to 6.5%, compared with January forecast raised 0.2 percentage points.
Earlier this year, the world bank also made 6.7% of China's economic growth forecast this year, and said: in 2016, China is still the main driving force for the development of asia.
April 11th this morning and afternoon, Chinese Premier Li Keqiang held two economic forum. At the meeting, the local government responsible person to provide the first quarter data show that a series of policy measures taken early Xiao Yingzheng gradually revealed. Li Keqiang pointed out that in 2016 China's economy began a smooth start, the main economic indicators better than expected, the global market confidence in China's economy is also enhanced.
Since April, the expected JP Morgan, Credit Suisse, Goldman, HSBC and other financial institutions have also raised China for economic growth. On April 9, Dong Tao, Credit Suisse managing director of media said: growth rate for China's economy, Credit Suisse has boosted China's economy in the second quarter and full year growth rate, the reason is that China's policy to stabilize, exchange rate and the real estate market will be more stable.
On July 4, Zhu Haibin, chief China economist at JP Morgan Chase in the latest report said China's economy is now stabilizing signal expected economic growth momentum will improve, and the second quarter GDP after day adjusted QoQ annualized predicted from 6.7% raised to 7.0%. At the same time, the third quarter are predicted to fine tune the 6.6% and 6.3%. Its forecast for China's annual GDP growth of 6.6%. (sources of information, the most authoritative renewable metal price mechanism)