Investment Banks have higher expected China's economy

In the second half of last year, China's economic growth slowing trend. In the first quarter, SCH40 ASTM A106 GR.B carbon steel pipe GDP data more downward to 7.7% from 7.9% in the fourth quarter, second quarter to 7.5%. Investment, consumption and foreign trade data growth also is evident in the downward trend. As a result, the international on China's economy on bearish singing voice, worried about slowing economic growth, at the same time, more in China's economy is going to have a "hard landing" rhetoric, etc.

The most obvious is the major investment Banks have lower expectations of China's economy. Data in May after the release, seamless steel pipe astm a106 gr b Morgan Stanley will China's economic growth forecast for 2013 from 8.2% to 7.6%; Ubs and RBS will China's economic growth forecast to 7.5% in 2013; Barclays will China's economic growth forecast to 7.4% in 2013.
This situation did not last long, with the improvement of the internal and external environment, China's economic turnaround, American carbon steel eccentric reducer a series of policies carried out by the government is also greatly enhance the confidence in the market. Nearly in January, each big institutions and have high expectations of China's economy. Deutsche bank is the first action, the bank on August 22, the expectations of China in the second half of the economic growth rate from 7.6% to 7.7%.

Followed by credit suisse forecasts of a 7.4% increase to 7.4%. Barclays also said that the current quarter accelerated economic growth may from the previous quarter.
In davos BBS's opening speech, scaffolding structural steel tube Mr Li is not only on China's economy has made the "current economic fundamentals are good, in the development of the economic operation is stable", more is proposed of the mass transfer efficiency "in the second quarter" requirements.

"Compared with" in the first quarter growth miracle ", the Chinese economy "in the second quarter" target is no longer the speed, but made the mass transfer efficiency as the core." GuanQing friends said the prime minister's recent intensive are clearly expounds the path of China's economic future, it is more accurate than any other market speculation, and even more strengthened the faith from all walks of life to the Chinese economy.

According to li, the future of China's growth must be in order to improve the quality and efficiency of the premise, must be supported by resources conservation and ecological environmental protection, must be powered by scientific and technological innovation and technological progress, must be a job security and the growth of residents' income increase. That is to say, let the fruits of reform and development benefit the broad masses of the people.