China s economy can achive 8 pct growth target.Byline: Reuters BEIJING: China s economy will be able to achieve a growth target of 8 percent this year, but the country should not rest on its laurels as problems remain, the statistics bureau s top economist was quoted as saying on Saturday. Yao Jingyuan, chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the of the National Bureau of Statistics, told a forum in Shanghai that the basis for China s economic recovery was still not stable, and many uncertainties existed. Authorities have set a target of 8 percent gross domestic product growth this year, something most economists think is in sight since annual growth reached 7.9 percent in the second quarter and appears set to accelerate in year-on-year terms in the second half. Yao said the 8 percent target will "be difficult but is not a problem", according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report by the state-run China News Service. Figures for August showed industrial output, investment and money supply growth all accelerated, prompting many economists to say the recovery is now solid. Officials have been more circumspect cir·cum·spect adj. Heedful of circumstances and potential consequences; prudent. [Middle English, from Latin circumspectus, past participle of circumspicere, to take heed : , though. Yao said the slide in China s economic performance which began in the second half of last year had already been arrested. "But we cannot be blindly optimistic about these achievements, as the basis for China s economic recovery is still not firm, and there exist many uncertainties," he was paraphrased as saying. As for the possible threat of resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. inflation, Yao said that at least for this year it would not be a worry. E Muscat Muscat, Maskat, or Masqat (all: mŭs`kăt, mŭs`kət), city (1993 pop. 533,774), capital of Oman, SE Arabia, on the Gulf of Oman. It is flanked by rugged mountains. Press and Publishing House SAOC SAOC Studies in Ancient Oriental Civilization SAOC Sunbeam Alpine Owners Club (UK) SAOC Sector Air Operations Center SAOC South African Orchid Council SAOC Submariners Association Of Canada (Gloucester, ON, Canada) 2009 Provided by Syndigate.info an Albawaba.com company |
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