Will China develop steady and rapidly after olympic?

As the Paralympic flame was out, China has started to enter the post-Olympic period. Whether China’s economy will continue to maintain steady and rapidly development has become the focus of attention at home and abroad.

So far this year, China’s macro economy has remained stable and rapidly. In the first half, the GDP growth is 10.4 percent, 1.8 percentage points decline comparing to the last year. And CPI of August rose 4.9 percent year-on-year, which is the first time to 5% since July last year.

Domestic demand to economic growth is improving. Since February, the National Retail sales of consumer goods in the basic monthly rate of increase has been 3 months in a row to maintain a growth rate of above 23%. Exports still maintain a certain level of growth. 8 months ago, China’s exports were 937billion U.S. dollars, up 22.4 percent.

This year, China’s economic operation of the main indicators show that the fast economic growth is slowing, the risk of overheating and inflationary pressures are weakening. The number of Chinese Academy of Social Sciences Wang Tongsan, director of the economy that this shows that China’s macro-control is effective, macro-economic growth fundamentals are still good.

A large number of research institutions that, for large-scale economy as China, the Olympic Games on a limited impact on the economy as a whole, the Olympic Games themselves are not directly mean much wealth, but Beijing for China’s economy as a whole provides an excuse on which the Opportunity for development.

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