Category: Money Tips Date: 2006-11-21
Recently issued from January to May data indicate that led to a strong macro-economic growth in credit because of excessive overheating fixed asset investment, while the hidden factors behind the fixed assets is the local economy "investment" and "export" of the two-wheeled speeding drivers.
Early in the development of parts of "Eleventh Five-Year" plan and the 2006 socio-economic development plan, because of the need to adjust the economic structure, basically a robust set of development objectives, but 1-May by the introduction of various types of data is shows the enthusiasm around the development of far beyond imagination.
But from all over the published data, "investment" and "export" the most prominent.
Case of Tianjin, Binhai New Area on account of a series of new projects on the impact of accelerating investment in fixed assets, investment in fixed assets in Tianjin to determine this year's growth rate of 20%, but the first four months of the actual figure reached 36.2%.
In the central and western regions, trends in the stimulation of investment is even more evident. According to figures released by Sichuan Provincial Bureau of Statistics, the first 4 months, the province's total fixed asset investment was 104.86 billion yuan, an increase of 35.0%. May be even more amazing the number of Inner Mongolia, a quarter of the region for more than 500,000 yuan in fixed assets investment in the project is completed 13.104 billion yuan, an increase of 76.6%.
Looking at the actual situation in provinces and autonomous regions, new investment is mainly concentrated in the key project construction. As of the end of three, Inner Mongolia autonomous region has started construction projects in 651, compared with growth of 46.6% over the same period last year, including 243 new projects this year, an increase of 16.3%. Average investment per project up to 19.46 million yuan, more than 2.75 million yuan the previous year. Experts said that this was the first quarter of Inner Mongolia, the main reason for rapid investment growth.
In the northeast old industrial bases in the country to accelerate the pace of adjustment and transformation under the impetus of key projects in Liaoning have also accelerated the pace of building construction, 1-year in March plans to invest a hundred million of construction projects increased to 155 from the previous year 257 The annual plans to invest 87.64 billion yuan, an increase of 2.3 times.
Deputy Director of National Development and Reform Commission Ou Qian said that this year is the full implementation of the "Eleventh Five-Year Plan" the "Outline" in the first year, all regions to speed up the development of enthusiasm is relatively high, the momentum of rapid economic growth will not be weakened.
Rising and investment is similar, while the other wheels --- stimulate economic export performance in various places are also quite active.
June 12, General Administration of Customs announced in May to 13.004 billion U.S. dollars China's trade surplus, trade surplus hit a record this year. This data can be made vivid annotation is the first 4 months of Tianjin's exports rate reached 35.4%, so that 15% of the beginning of the plan, "shade"; Sichuan, the first five months, China's exports reached 3 billion U.S. dollars, an increase of 36.5%, exceeding the export target of 5.26 billion U.S. dollars this year, more than half.
As to the reasons for this situation, the State Information Center, senior economist at the Economic Forecast Department, said Qi Jingmei analysis of mainland enterprises both domestic and foreign markets, the current domestic production capacity surplus, the mainland market is limited, increasing the export of foreign markets will be become the inevitable choice.
