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China'S 2010 Economic Data Released 20, &Nbsp; GDP Growth Rate Is Expected To Be 10%.

2011/1/12 8:30:00 55

Annual Economic Data GDP Growth And Price Situation

2010

Annual economic data

What is the performance of the "11th Five-Year construction boom"? What kind of economic performance will be the curtain call? All this will be announced on the 20 th of this month.


There is a lot of prediction about China's economic growth last year. The financial times issued an authoritative answer in the recent Vice Premier Li Keqiang's article.


The article, entitled "China's growth with the world", said that in 2010, China's economy was expected to grow by about 10%, total retail sales increased by 18.5%, and domestic demand contributed more than 90% to economic growth.


Annual economic data released on 20 th


Yesterday, the website of the National Bureau of Statistics announced a circular on the schedule of economic statistics released by the National Bureau of statistics in 2011.


Among them, the news conference on the operation of the national economy will be held on the 20 day of next month, that is, next Thursday.


According to convention, Ma Jiantang, director of the National Bureau of statistics, will introduce the economic performance of China in 2010 and publicize the main economic indicators.


These core indicators may include the annual GDP (gross domestic product) in 2010 and the GDP in the fourth quarter of 2010, the development of industry, agriculture and services in 2010, the whole year's consumption, investment and foreign trade, the annual price level, and the annual financial movement.


In addition, the main economic indicators for December 2010 will also be announced by the National Bureau of statistics.


At that time, the annual performance of China's economy and the report of "three carriages" (investment, consumption and export) will be announced.


Statistics Bureau data show that the first three quarters

GDP growth rate

They were 11.9%, 11.1% and 10.6% respectively.


Regarding the economic operation in 2011, Lu Zheng commissar, chief economist of Industrial Bank, believes that investment will steadily decline in 2011. Nominal consumption growth will continue to rise. Import and export growth will tend to be uniform, both narrowed to 20%~21%, and the GDP growth rate will reach 9.7% in 2011.


According to the data released by the General Administration of Customs in January 10th, the total value of China's foreign trade imports and exports in 2010 was 2 trillion and 972 billion 760 million US dollars, an increase of 34.7% over the same period last year. The trade surplus was 183 billion 100 million US dollars and 6.4% respectively.

Zheng Yuesheng, Statistics Department of the General Administration of customs, said that China's foreign trade has returned to the level before the international financial crisis.


Focus on price control targets


In response to the second year plan for the implementation of the international financial crisis, 2010 is the year when China's economy has been developing smoothly from crisis to crisis. Whether it is investment, consumption or industrial production, it has gradually got rid of the "high song and rapid progress" under the guidance of the policy in 2009, and has gradually stepped into the right track.


It is not easy to maintain the growth rate of two figures.


At the beginning of 2010, the southwest encountered unprecedented drought. In April, Qinghai and Yushu were attacked by earthquakes.

Moreover, China's foreign trade has repeatedly clash with the United States and the European Union and has faced the threat of "quantitative easing" of the US dollar at the end of the year.


Looking back on the past year and looking forward to the upcoming GDP and grain production data, we can feel the value of data profoundly.


"First financial (micro-blog) chief economist monthly survey" shows that China's economy continued to maintain rapid growth in 2010.

In 2010, the median growth rate of GDP was 10.2%, and the economy maintained high growth for many years.

Information from the Ministry of agriculture and the National Bureau of statistics shows that in 2010, China's grain output reached 10928 billion jin, a new record high, and the first "seven consecutive increase" in half a century.


In addition to the overall economic indicators, the focus of public attention is not around the CPI (consumer price index).


From the current information and projections, the CPI in December is expected to fall slightly, and the disappearance of the tail factor will help CPI end the "rising trend".


First financial research shows that the median of the 21 economists' chief economists is 4.4%.


As for the CPI index for the whole year, Yao Jingyuan, chief economist of the Bureau of statistics, recently said in Beijing that CPI is expected to be controlled at around 3% this year, and certainly no more than 3.5%.


According to CCTV, Peng Sen, deputy director of the national development and Reform Commission, revealed at the National Conference on price authentication that the price increase in 2010 will be controlled at around 3.3%.

This figure also further confirms that the price increase of China's national development and Reform Commission, Zhang Ping, was slightly higher than that of 3%.


With regard to this year's inflationary pressure, many agencies have given a judgment before and after that.


Chen Chao, chief economist of ICBC Credit Suisse Fund (micro-blog), had predicted the first half of 2011.

Price situation

It is still grim.


Lu commissar is expected that this year's price trend "before the high and low", there may be a 4~5 interest rate increase throughout the year.

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