oil-Chinas savings into super
National air filter bureau of MaJianTang Saturday, 2008 China savings for 51.3%, increased by 15% in 1992. And last us savings of 12%. MaJianTang that Chinas high savings and "advocates thriftily, against luxury" cultural traditions. Another reason is that Chinese on the expected future cautiously, "dont dare to spend money". 2008 China MaJianTang said, social security, the central government expenditure, and the proportion of 7.5 per cent more than 55% in Germany, the United States more than 30%. The income gap widening, China is also very high savings rate is the important reason. High filter earners and low-income marginal propensity to consume MaJianTang said, get 100 yuan, low-income people spent $88, high earners also get 100 yuan only cost $64. Currently, Chinas income distribution has become increasingly apparent effect ", "16, more and more money to 20% of the high-income peopleThe Chinese academy of social sciences in China has promulgated the financial ecological environment evaluation (2008-2009) report, report to last November, add credit "benevolence" given the focus. The Chinese academy of LiuYuHui, director of the center for Chinese economic evaluation in this report, introduced since November, bank credit oil filter growth, and in the current economic slump, under the background of the central of stimulating the economy needs to the supervision of the local investment impulse will greatly lower than the economic boom, which is easy to use of local government in his mortal hands the natural resources and its influence, absorb the financial resources administration. The report finds that this "silver" cooperation mode and current politics economic recession and government stimulus policy is consistent, however, once the economic recovery and effective path of normal growth, the economic downturn in the form air of temporary between central and local "harmony" relationship may meet new challenges. The new direction of macro-control, may be opposite again as in the 1990s overcapacity and bad debt risks from the bankAccording to the China machinery industry federation, the party central committee and the state council unswervingly adhere to the expansion of domestic demand, the growth and structure of China under the policies of the first seven months of this year, China machinery industry market economic operation, the main production index gradually a year-on-year growth of new products, the month upward trend oil to improve faster growth in output growth in export value, year-on-year drop down. But in its monthly statistics, the key product despite benefited from national policy of expanding domestic demand of related products are rapidly increase, but still has more than 50 percent of the product yield year-on-year drop. Production growth continues to rise 1 ~ of July, machinery industry total industrial output finished 56849.68 billion yuan, a year-on-year growth of 8.31%, growth than the same period last year more than 20.52 percent drop, increase 1.03 percent last month, The industry is air filter complete sales value 55239.75 billion yuan, a year-on-year growth of 8.04 percent year-on-year growth fell, 21.42 percentage points, improving 1.25 percent last month. Monthly output and sales value from the year-on-year growth rate in July, and higher levels than first, 14.40% year-on-year growth rate, and 14.77% than in June and increase the Bronx 275 percent, sales value during the first three percent growth. According to the understanding, the first seven months of the industry of mechanical products, sales for 97.17% year-on-year (97.41%) dropped 0.24 percent, Also below the national industrial products XiaoShouLv filter 97.34% (0.17).
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