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Author:Sun, Janbin
Title:The turning point of economic boom is expected to emerge in the third quarter (original in Chinese)
Journal:Forecasting (c)
1998 : 5, p.19-21
Index terms:ECONOMIC CONDITIONS
Language:chn
Abstract:The falling extent of the consistent compound index at slower speed after entering the second quarter shows that trend of economic contraction has almost been checked. It is likely that the rise of economy is to appear in the third quarter according to estimation. In view of the current situation of deflation, our government has raised the rate of tax reimbursement on export for some products. Meanwhile, it carries out a series of policies aiming at the expansion of domestic demand. Considering the result, the amplification of investment of fixed assets has showed an obvious tendency of rising up. At the same time, promoting the growth of consumption should also be attached importance to. Only by this may the beneficial cycle and sustainable rising of economy be formed.
SCIMA record nr: 188959
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