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Continued to maintain a high growth rate over the past two years on the basis of continuous high growth over the first half of this year, an increase of 39.1%. New products also continue to emerge, like a robot, new energy vehicles, locomotives and some in the growth rate doubled, some more than 50%. â—\x8F China's debt is still present within the safety line, including the central government debt, including the debt-GDP ratio is still less than 60% of the safety line. Chinese government deficit ratio is relatively low, the size of the deficit this year is 1.62 trillion yuan, accounting for 2.3% of GDP, it is still far below the 3% of the safety line. Overall, China's government debt is a safe and controlled. â–\xA0 expert interpretation of the second half may be better than the first half Sheng to Win, said:. 'There may be better in the second half than the first half, mainly some of the effects of policy measures introduced in the first half will be able to continue to play' On one hand, the half year investment plan of the project, some of the second quarter has not yet entered the operational phase, from the project approval process to translate into actual investment and productivity have a release; on the other hand, reform and innovation-related bonus will continue to be released. In addition, the public entrepreneurship and innovation, popular, new industries, new formats, new products in fast-growing, will bring new impetus to the development of the second half. This series of articles Comprehensive Xinhua News Agency and other endogenous growth momentum is still weak chief macroeconomic strategist Shenwan Hong source Retrospect, the first half was better than expected economic data, but endogenous growth momentum is still weak, still needs policy support stabilization and recovery. Specifically, the producer price index (PPI) 40 consecutive months of negative growth, and decline further, deflation continued to show that there was little substantive change in the next six months at least, is still a drag on corporate profits, affecting business investment. CASS Institute of Economics researcher Yuan steel Ming believes that from the data point of view, more than a half-scale enterprises SMEs alleviate some downward pressure, but PPI is always hovering at the critical point and no pressure signs of slowing down. Further industrial added value data is not optimistic, although most products have not turned green, but industrial products, in addition to non-ferrous metals, coal, steel, oil, cars and other major industrial products are on the decline

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