免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

(Xinhua)
Updated: 2007-08-01 16:31

China's economy remains on the brink of overheating following another 12 months of soaring industrial output and money supply, a central government report said on Wednesday.

By June this year, industrial production had been overheated for seven months in a row, said the report from the State Information Center, under the National Development and Reform Commission.

Industrial added value in the first half rose 18.5 percent yearon year, up 0.8 percentage points over the rise in the same period of last year.

Related readings:  Top leadership warns on overheated economy  100 economists appraise China economy  Regulator to bring credit growth under 15% for 2007  Economy grows at blistering pace

Industrial production will continue to rise rapidly in the latter half of the year but its growth rate was likely to slow down slightly due to government restrictions on exports in sectors involving high energy consumption and heavy pollution, said the report.

Fueled by the brisk consumable market, light industry will expand steadily, said the report.

M1, a narrow measure of money supply including cash and demand deposits, became overheated in March, with its balance rising 20.9 percent year on year to 13.6 trillion yuan (US$1.77 trillion) by the end of June.

Bank lending showed a continuous tendency to overheat throughout the last 12 months, with new Renminbi loans adding up to 2.54 trillion yuan in the first six months of the year, up 368.1 billion yuan from a year ago.

After maintaining a relatively stable level in the January-April period, fixed asset investment began to bounce back in May as the January-May figure soared 25.9 percent, compared with 25.5 percent in the first four months and 24 percent for the whole of 2006.

The report said the consumer price index, the country's inflation rate, remained "normal" over the 12 months although rising food prices pushed the index above the government's target of three percent for four consecutive months.

To keep prices stable, the government should continue to subsidize farmers, postpone price reforms on water, power and gas and tighten supervision of commodities related to people's livelihood, including food, education and medical care, said the report.

The government should also increase the minimum living allowance of low-income families and set up a temporary assistance system in order to prevent their living standards from falling as prices rise, it added.