The economy is now improving, or the annual GDP will increase by 7.6%.

Abstract Yesterday, UBS Securities held its 2013 autumn strategy meeting in Beijing. Wang Tao, the chief Chinese economist of UBS, said at the media briefing that the Chinese economy has begun to improve recently, and exports and real estate have gradually recovered, and with the support of various government policies. Some enterprises began to enter the replenishment order...
Yesterday, UBS Securities held its 2013 autumn strategy meeting in Beijing. Wang Tao, the chief Chinese economist of UBS, said at the media briefing that the Chinese economy has begun to improve recently, and exports and real estate have gradually recovered, and the government has supported various policies. The company began to enter the replenishment stage, and it is expected that the annual GDP growth rate will remain at around 7.6%.

Wang Tao pointed out that since July this year, the government has given many rounds of support policies, such as stimulating railway financing, increasing municipal construction investment, environmental protection construction, etc., and publicly stressed that it will retain the bottom line of economic development and support it in confidence. Some industrial enterprises began to enter the replenishment process. The data released recently showed this. In August, the growth rate of industrial added value increased by 10.4%, becoming the high point of the year, and the power generation data also increased significantly. In addition, the US economy leads the global warm growth, the global economy is expected to grow by 2.5%, and China's total import and export value in August increased by 7.1% year-on-year. It is expected that the GDP growth rate in the third quarter is expected to reach 7.7%.

Wang Tao also pointed out that as the most important part of our economy, the steady recovery of real estate has also played a supporting role in the entire economy.

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