Year Regional Economic Observer (1) - Eastern: pick up is still relatively weak basis for a solid

Monthly basis up but still solid "Now than in one in February has been much improved, our business has been a three bottom in April, but still worse than the original very well." A state-owned foreign trade company deputy general manager of Shanghai Gold Mr. agreement. From the eastern provinces have reported data, Jiangsu growth momentum continued in the first quarter, first half of the GDP growth of 11.2%; accounting for one tenth of the total GDP of Guangdong, but also to catch up with the national 7.1% increase people had a reassurance; but private enterprises in Zhejiang Province concentration, the growth rate of 6.3% is still among the list the penultimate 5; Shanghai the rate of increase is 5.6%, after falling in Xinjiang as well as Gansu, almost 31 provinces and autonomous regions as the last; Hainan slightly higher than the national growth of 9.3%; Fujian was 8.5%. Integrated Department of Fujian Province Bureau of Statistics a staff of anonymity said: "Fujian in the first half of the economy as a whole has presented a trend of steady rise in investment, consumption and other aspects are growth, export decline are also narrowed. from some unpublished monthly data shows that growth in the first quarter of 7.4% April 7.6% May 7.8% to 8.5% in June has reached. Although slightly down year on year in previous years, but from this year's overall situation, or rising. " Zhejiang Bureau of Statistics deputy director, spokesman Wang Jie conference last week, the data in the province, said although the economy began to stabilize in the first half of Zhejiang rebound, but there are still severe export situation, private investment and manufacturing slow investment growth, employment difficulties and other issues. So whether "bottom out", he said, "not lightly." Shanghai weak this year. The beginning of the Shanghai Bureau of Statistics chief economist Setting of previously publicly said: "The first half of the national economy to stabilize upward trend, in early development of the situation was better than expected." Face of financial crisis and its economic transformation of the double stacking of factors, economic growth in Shanghai was not easy. Now, lack of external demand is still the pick-up in Shanghai the biggest obstacle to economic stabilization. He said: "some signs of improvement in economic performance, but the foundation is still solid." Remained weak with the increase of the Midwest Although the first half of the eastern provinces report basically a lot better than the first quarter, but the central and western regions than in eastern China in recent years, economic growth remained weak. State Council Development Research Center of Development Strategy and Regional Economy Research Fellow Yong think so. The Fujian Provincial Bureau of Comprehensive Department staff also agrees, east central and western regions showed growth between the first half of most of factors from the external demand. Statistics, first half of the central and western regions and eastern regions the gap is gradually narrowing, such as the above-scale industrial added value, up 5.9% in eastern, central growth of 6.8%, West 13.2%; urban fixed asset investment, an increase of 26.7 in eastern %, the central increase of 38.1%, 42.1% growth in the west. "The financial crisis on export-oriented provinces and cities hit than the recovery of the external environment, lags behind the recovery of the domestic economy, resulting in high export-oriented economy, dependence on international markets than in the southeast coastal areas of major economic growth even more slowly. "Yong said. "The other, also with these areas undergoing economic restructuring of the structural adjustment of slow industrial upgrading is not in place. Relatively central and western regions, the eastern region dominated mainly develop high-tech industries, but the pace of development is not enough. "Yong think so. Yong said that while the eastern Yangtze River Delta region in particular, the economy is relatively slow recovery, but they do in a down transition. Shanghai will have removed the major industrial city, such as Baoshan Iron and Steel moved to northern suburbs, three petrochemical moved to the southern suburbs of the city, leaving only the financial, high-tech industrial parks. Guangdong stated that the "double shift", but the actual action is slower, not ideal. "I think the next step in the east the main problem facing the economy is restructuring, it will take time, use of the financial crisis to long-term view, do not over-speed pursuit of economic growth."

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