- published: 01 May 2016
- views: 137
China's GDP grew 6.7 percent in the first quarter, slowing from 6.9 percent growth in the preceding quarter but still in line with the official target of "a range of 6.5 to 7 percent growth" for 2016. In the first three months, major indicators showed that the economy was operating in a reasonable range. The growth of gross domestic product, urban job creation and incomes of urban and rural residents all met the targets. An international economist said the Chinese economy is going through a difficult switching period now and it's normal that the economy will slow.
Difference between every day and economic notions of investment and consumption Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/more-on-final-and-intermediate-gdp-contributions?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learner...
Household Consumption Visual Anaytics
http://www.euronews.com/ Consumer-led growth is the buzz phrase among China's new rulers. With the changing of the guard at the National People's Congress, those taking over at the top have been told by the outgoing leaders to get the Chinese people spending more and narrow the gap between rich and poor. In the government's annual policy speech, outgoing Premier Wen Jiabao said that after decades of double-digit growth, the emphasis would no longer be on expansion at all costs: "This year's economic growth target of around 7.5 percent is necessary and appropriate, and we need to work hard to achieve it." He added: "We should unswervingly take expanding domestic demand as our long-term strategy for domestic development." The plan is to rebalance China's economic model shifting away fr...
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소비, 5년7개월만에 최대 감소 Last month, domestic consumption fell by the largest amount in more than five years. According to Statistics Korea, retail sales plunged in all categories, from household appliances to clothing. The agency said that was accompanied by a dip in industrial production... the first since April. Kim Hyo-sun reports. Domestic consumption in Korea showed the largest drop in more than 5-and-a-half years, coupled with the worldwide recall and production halt of Samsung Electronics' Galaxy Note 7. According to Statistics Korea, last month's retail sales, which reflect overall consumption, plunged 4.5 percent, compared to a month earlier... in all categories including food and beverages, household appliances and clothing. This was the largest dip since February of 2011. ...
It's day two of Korea's four-day "Golden Holiday" weekend in Korea. The weather isn't the best, but expressways out of Seoul are becoming increasingly congested as families enjoy a rare chance to recharge their batteries. Oh Soo-young fors us, this morning. It might be a damp and dreary morning but many Koreans are out and about, and on the road, to make the most of their four-day weekend. In a bid to drive up domestic consumption, the government designated Friday as an extra public holiday as it was sandwiched between Children's Day and the weekend. To encourage the public to take trips, toll fees across expressways have been waived and entrance fees to museums, palaces and other tourist hotspots have been slashed to zero. Korea's police agency estimates more than five million vehicles w...
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This is the business podcast with Zhenyu Li from People's Daily Online Business Channel (PDO Biz). The content is based on exclusive interviews with J.P. Morgan managing director Jing Ulrich and former chairman of Morgan Stanley Asia Stephen Roach. For more quality features, visit PDO Biz at: http://english.people.com.cn/business/index.html
추석 황금연휴, 소비 심리 회복 기폭제 되나? As mentioned earlier, it's currently the Chuseok holiday here in Korea. And during this time one of the country's biggest shopping events is taking place, called the Korea Sale Festa. It's hoped that this will help fuel a rise in consumer spending...but as our Kim Ji-yeon reports, the success of the event will hinge on several factors... such as timing. To buy or not to buy, that is the question... that many consumers have to ponder when spotting a new pair of shoes or the latest VR headsets... during the annual Korea Sale Festa. This year, the festival features the most number of participating retailers and department stores to date,... aiming at boosting the country's sluggish domestic consumption. Last year, the annual shopping extravaganza helped boost the co...
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China's Spring Festival has witnessed robust domestic consumption. Ministry of Commerce statistics show that sales volume in the retail sector and catering industry stood at 754 billion yuan, a year-on-year increase of 11.2%. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
The mutual fund industry in Chile now represents approximately 20 percent of its GDP, illustrating the country's potential for investment. But is this growth set to continue in the coming 12 months? Rene Peragallo, Head of Institutional Equity Funds with BCI Asset Management, discusses the current situation in Latin America, and how the country's future growth will be fuelled by domestic consumption. For a full transcript visit: http://www.worldfinance.com/videos/chiles-domestic-consumption-will-fuel-future-growth-says-bci For more World Finance videos go to http://www.worldfinance.com/videos/
4월 생산활동 0.8% 감소,... 제조업 소비 부진 원인 Korea's overall industrial output fell on-month in April for the first time in three months. Making matters worse,... it dropped at its fastest pace since July of last year. Shin Se-min reports. Statistics Korea says the nation's industrial output went down zero-point-eight percent in April from the month before. The negative trend comes after overall output had been showing signs of a pickup in February and March after plunging one-point-four percent in January. Production by Korea's mining, manufacturing, gas and electricity sectors dropped two-point-eight percent in April from the same month last year,… with industrial output in those sectors retreating one-point-three percent on-month. Sputtering auto production that plunged eight-point-seven percent ...
In the first quarter of this year, Beijing's Grade A office market showed a significant rebound in leasing activity, as rents increased for the first time and domestic firms continued to be dominant players. In line with economic recovery, retail demand was also warmer with aggressive expansions led by high-end super markets. As MNCs actively developed business, luxury apartment leasing for overseas expatriates also rose, while growth in the logistics sector remains positive and stable. http://www.joneslanglasalle.com.cn
[Part 1] Mr. Robin Smale, PhD Candidate from the Environmental Policy Group at Wagningen University from The Netherlands, gives a seminar presentation titled "Domestic energy consumption in perspective" at Seminar No. 3 of the Energy Research Seminar Series at Hong Kong Baptist University. Organised by the Asian Energy Studies Centre and the Department of Geography at Hong Kong Baptist University, the Energy Research Seminar Series aims to facilitate discussion and ideas exchange among different stakeholders to promote a sustainable energy future for Hong Kong.
Hong Kong will face a difficult year ahead in 2016 says HKSAR Financial Secretary John Tsang. Speaking beside the Asian Financial Forum, he says Hong Kong’s external-facing economy is challenged by the economic “doldrums” of a number of partners so will have to rely a lot more on domestic consumption for growth. He says China’s Belt and Road Initiative offers excellent opportunities for Hong Kong’s commercial, logistics, professional services and finance sectors – as these are all needed by the 65 countries on the Belt and Road. Speaker: John Tsang, Financial Secretary, Hong Kong SAR Government Related Links: Hong Kong Trade Development Council http://www.hktdc.com/ Asian Financial Forum http://www.asianfinancialforum.com/en/index.htm