Bolsafinanzas.com

China's economy grew 6.9% in the first quarter


"China's economic structure is improving and new momentum is gathering", Mao said, citing strong growth in the service sector and consumption.

Beijing has set an official economic growth target of around 6.5 percent for 2017, down from last year's 6.8 percent growth.

On a quarter-to-quarter basis, which is how other major economies report data, the economy lost steam, expanding just 1.3 percent. Urban investment rose 8.9% the previous month.

China's economy grew 6.9% during the first quarter of 2017, with GDP amounting to CN¥ 18tn (£2.085tn, $2.6tn), the National Bureau of Statistics of China reported on Monday (April 17).

The Chinese economy picked up steam in the first quarter.

Crisis en el cine nacional
"Debido a distintas "irregularidades" en su gestión, según considera el gobierno nacional, Alejandro Cacetta fue alejado de la presidencia del Instituto Nacional de Cine y Artes Audiovisuales (INCAA)".

Once again, China's policymakers leaned on infrastructure and real estate investment to drive expansion in the first quarter.

However, China's economy still relies heavily on massive state investments and projects, despite Beijing's efforts to reduce the dependence of the state when it comes to the country's growth.

The reading, the quickest increase in 18 months, was above the full-year target of 6.5 per cent and the 6.8-per cent increase registered in the fourth quarter of 2016, according to the National Bureau of Statistics (NBS).

Investment in property development rose 9.1 per cent in the first three months from a year earlier, compared with 8.9 per cent in the first two months and 6.9 per cent in 2016.

The property market beat expectations "in all indexes available" last month, and home sales remained upbeat in April according to early indicators, Eric Zhang, a Beijing-based analyst at China International Capital Corp. wrote in a note Monday. Their price hikes were between 0.2 and 0.6 percentage points slower than those in February.

Francia: Tiroteo en los Campos Elíseos deja al menos dos muertos
El hecho ocurre a solo unos días de la primera vuelta de las elecciones presidenciales en Francia. Los agentes fueron blanco de disparos.

"The first quarter growth is mainly driven by reflation and very strong property sales and investment", said Larry Hu, head of China economics at Macquarie Securities Ltd.in Hong Kong.

"I think China should be directing the economy to slow down its growth in the long term.but on the contrary, growth is accelerating", said Hidenobu Tokuda, senior economist at Mizuho Research Institute in Tokyo.

The most-active steel rebar futures prices were down 1.15 percent at 2,918 yuan ($423.90) per tonne at 0243 GMT, on track for a 7.8 percent drop in April, their worst monthly performance since May a year ago.

With the signs of quiet consumer spending have surfaced the markets in U.S., China is clocking its first back-to-back acceleration in seven years.

Though the bank expects GDP growth to ease moderately in the second quarter and even look for some further moderation in following quarters, there is still solid growth momentum for the rest of the year, said J.P. Morgan China economist Zhu Haibin.

Rockets without Harden are just as good as the Thunder with Westbrook
When he was asked about winning his second scoring title in three years , he hesitated, then simply replied: "Next question". Like James before him, if this were any other season, Leonard would likely be notching his first regular season MVP award.

Artículos relacionados

  • New photos of Wisconsin manhunt suspect released as search continues

    New photos of Wisconsin manhunt suspect released as search continues

    As part of their search, law enforcement officials have also beefed up security around local churches. Jakubowski also expressed anti-religious views in his manifesto, police said in a press release .

    Jones: Oilers' blowout playoff loss to Sharks can be valuable lesson

    He wore a cage to protect his mouth the first two games before going back to the half-visor for Game 3. San Jose center Joe Thornton returned in Game 3 after missing the previous five games with an injury.

    Samsung may launch Galaxy C7 Pro in India today

    Samsung said its first-quarter sales rose only modestly, to 50 trillion won. It is the group's best quarterly profit in nearly four years.
  • USA, Canada, Mexico Submit Joint Bid to Host 2026 FIFA World Cup

    USA, Canada, Mexico Submit Joint Bid to Host 2026 FIFA World Cup

    That means more teams, more matches, more stadiums, more infrastructure, more everything. "This is a milestone day for U.S. Fifa's executive committee is no longer responsible for the final say on which country is awarded a World Cup .
    Clasico concern for Bale as Zidane confirms injury worry

    Clasico concern for Bale as Zidane confirms injury worry

    Zidane's men are away to Sporting on Saturday, a match which will be followed by two crucial games in the space of a week . We know it won't be easy - Real Madrid are very strong at home, but we have to play as if we were at home ourselves.
    Los que creen en Cristiano, no tienen dudas: Cristiano Ronaldo

    Los que creen en Cristiano, no tienen dudas: Cristiano Ronaldo

    Para mí es un honor porque es una cifra muy difícil. "Estoy encantado y muy contento", manifestó a los medios del Real Madrid . Zidane desveló que Cristiano Ronaldo estaba contento pero algo contrariado porque pudo marcar más.
  • Capturan a sospechoso con vínculos islamistas tras ataque al Borussia

    Capturan a sospechoso con vínculos islamistas tras ataque al Borussia

    La Fiscalía federal alemana informó hoy de que el ataque se investiga como un atentado "terrorista" y confirmó que se hallaron tres textos en el lugar de los hechos que apuntan al yihadismo.
    Why our subscriber growth rates were disappointing — Netflix

    Why our subscriber growth rates were disappointing — Netflix

    People were able to watch videos everywhere on their smartphones and tablets, said Michael Pachter Wedbush Securities analyst . Netflix increased its number of members to 98.75 million, including 94.36 million paid, in the first quarter of 2017.
    Pachuca evitó ventaja de Tigres y definirán en la vuelta

    Pachuca evitó ventaja de Tigres y definirán en la vuelta

    Por tal motivo, si hay empate, los Tigres necesitarían que fuera de dos goles en adelante para levantar el título. Tuca Ferretti no podía creer que se falló el penal que significaba la vuelta al marcador y el 2-1.
  • United Nations  condemns terrorist attack on Kefraya, al-Fouaa evacuees

    United Nations condemns terrorist attack on Kefraya, al-Fouaa evacuees

    He added it was not clear how many rebels were killed because they were evacuated to their areas. Many people felt that they had been forced to leave, he said.
    8 tweets that defined Game 2 of Sens-Bruins series

    8 tweets that defined Game 2 of Sens-Bruins series

    A concussion has kept the Senators left wing out of the Ottawa line up sine October 2015 and many thought he'd never play again. Broken Spoon: Oft-frustrating Ryan Spooner is the only Boston forward without a shot on goal in either of the first two games.
    Italia decidirá si extraditan a Yarrington a México o EU

    Italia decidirá si extraditan a Yarrington a México o EU

    Sobre los exgobernadores Tomás Borge y Eugenio Hernández Flores, aclaró que la PGR no cuenta con órdenes de detención . Tratados internacionales, los dos países tienen convenios de extradición .

Comentarios