GDP growth rebounded significantly - in the second

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the authorities said, want to have full confidence in China's economic growth. Whether the current monetary policy, fiscal policy or regulation,[link widoczny dla zalogowanych], a big space. Deficit and national debt has room for further expansion, the central bank regulation of liquidity is also a great policy space.
the other hand, the current process of economic development, the risk still exists. Large increase in money and credit in the first half of boosting economic development has played an important role. But loose monetary and credit policy to promote growth in asset prices, the possibility also exists. Therefore, we must emphasize loose monetary policy to support economic development entities to ensure the correctness of the direction of credit funds to make easy money to stimulate domestic demand growth rather than inflation.
the authorities said, want to have full confidence in China's economic growth. Whether the current monetary policy, fiscal policy or regulation, a big space. Deficit and national debt has room for further expansion, the central bank regulation of liquidity is also a great policy space.
However, these have also pointed out, GDP although the chain has been increased for two consecutive quarters, but 15% of high growth is not sustainable, this is last year's third and fourth quarters of declining growth after the recovery. This year, the economic recovery is mainly driven by government investment and, therefore,[link widoczny dla zalogowanych], despite the current signs of stabilization and recovery have emerged, but it does not say the economy has entered a stable development track. Only in government investment, social investment is driving up the economy in order to enter the track of stable development.
According to authorities has revealed that significant second quarter GDP growth picked up about 8%. Taking into account the first quarter GDP growth rate of 6.1% in the first half of the average GDP growth rate up to 7%. The source said that from the current situation,[link widoczny dla zalogowanych], to achieve this year,[link widoczny dla zalogowanych], In addition, the June growth rate of real estate investment by 16% year on year, increased 5.6 percentage points from last month.
It is understood that several ministries,[link widoczny dla zalogowanych], including central banks, including research institutions are conducting research and analysis chain GDP. The industry believes that, excluding seasonal factors in the chain, more clearly the reality of the current economic growth. One of the authority's research shows that last year's first quarter GDP, chain growth rate of annualized rate of 8% in the second quarter was 13.1% in the third quarter, dropped sharply to 4.5% in the fourth quarter,[link widoczny dla zalogowanych], 3.7%; and this year from the previous quarter annualized rate rose to 8.5% in the second quarter data will reach 15%. Whether or not widely used up the chain, GDP growth rate in the second quarter were a marked increase in the trend. Data once again confirms the current economic recovery has stabilized.