The review article issued on September 17 in Financial Times (www.fichinese.com) stated that Chinese economy will be expected to keep a two-digit growth under the circumstance of comparatively vigorous consumption.
The article said through analysis that China has a large of population, who are getting richer and richer. However, from this year, Chinese stock markets have declined by 60%, and the reason investors are concerned about is partly that the economic growth rate of Chinese economic body has begun to fall.
The article cited the latest statistics as saying that it is beyond doubt that the growth rate of Chinese economy begins to fall. In August this year, growth rate of Chinese industrial outputs declined to the lowest level over the past 6 years. Though annual growth rate still exceeds 20%, the momentum of long-term dramatic growth of Chinese foreign trade export is slowing down.
|
