Thursday, August 8, 2013

In the second half of the investment growth or pick up

Despite the steady investment work pressure, but looking in the second half, most experts still expressed cautious optimism.

"Gross fixed capital formation rate is likely to rebound, it mainly based on two aspects of judgment." At Peking University, 1/2"-48" ERW carbon steel pipe ASTM A106/A53 vice President liu wei said to the economic information daily, reporter, one is the infrastructure investment growth is likely to rebound. Infrastructure investment in China, 2012 experienced a decline in the process of narrowing and increases month by month from month to month, especially railway investment from January to February dropped 44. 4%, to 2.4% from January to December. Estimated 2013 infrastructure investment growth is likely to rebound than in 2012. Second, the real estate development investment growth is likely to rebound. Affected by the real estate market regulation policy, liu said, starting in December 2009, commercial housing sales area of cumulative growth shows down trend, early in 2012 to reach the bottom, but a substantial rebound gradually since 2012. January and February, the area of commercial housing sales fell 14.0% year on year, then decline narrowed from month to month, from January to November to positive growth of 2.4%, annual growth of 1.8%. Commercial housing sales area of growth is likely to continue to rebound in 2013. Since 2008, the area of commercial housing sales growth trend has important effects on real estate development investment growth trend, and so a growth rate of commercial housing sales area rebound will pull the real estate development investment Long Radius 90 Deg carbon seamless elbow growth picks up.

Tang Jianwei believes that although the worry about the real estate bubble and the local debt risk, but considering the economic downward pressure is bigger, has is unlikely to further tightening policy, real estate and financing platform and the extensive capital inflows, real estate and infrastructure investment is expected to years could still maintaining high growth. He expects 2013 of fixed assets investment growth of about 20.4%, Hot rolled galvanized carbon steel pipe slightly lower than last year.

China merchants securities research and development centers, research director at the macro Xie Yaxuan said, the steady growth of policy eased since July after the market pessimism, turn shantytowns into new housing areas, railway investment, urban infrastructure construction is the important means of steady growth, and a politburo meeting July 30, emphasis on "reasonable investment growth". This is conducive to the stability of investment growth.

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