交行：今年经济增速将温和回升

Handing in travel: this year economic growth will moderate picks up

Yesterday, bank of communications financial research center issued the 2013 China macro economic and financial outlook, say, China's economic growth will end in 2013 after two consecutive years of descending trend, mild picks up, expected this year our country actual GDP growth will rebound to 8.5%; The report also is expected to new credit scale this year 9 trillion ~ 9.5 trillion yuan.

In that study, with internal and external demand are resumed, in 2013 China's GDP is expected to actual growth will back up to 8.5% or so, economic quarterly growth will present two head low, middle high trend. But in the short term, this year China's economic operation still may face the risk of overheating investment and prices go up, house prices rebound, capital inflows, currency appreciation and so on four aspects of pressure.

The report pointed out that in 2013 China does not change the macroscopic policy fundamental key, still will continue to implement prudent monetary policy and proactive fiscal policy (namely "currency stability, wide financial"); This year is expected to total credit will maintain steady growth, new credit in 9 trillion ~ 9.5 trillion or so, and the investment demand picks up sharply, long-term and medium-term loans maintained a fast growth, improve the credit structure will make the credit to the real economy remain relatively strong support; Is expected by the end of 2013, M1 and M2 respectively year-on-year growth of 12.5% ~ 13.5% and 10% ~ 12%.

Social financing scale will still continue to expand, the report is expected to 2013 annual social financing scale will reach 16.5 trillion - 17.5 trillion yuan. Credit and social financing scale of moderate growth will make market liquidity maintain overall loose state, the actual financing cost also will remain in a relatively low level, so as to form strong support economic growth.