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CASS: China GDP growth to bottom out in Q2, Q3—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
6/1/2019 热处理展-工业炉展-heat treatment expo-furnace expo |
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Chinese Academy of Social Sciences (CASS), the official academic organization and comprehensive research center of the People’s Republic of China, predicted that the gross domestic product (GDP) of China would increase by 6.4% year on year this year, with a reasonable speed amid some uncertainty factors in worldwide.
However, according to the trade war between China and the US, CASS predicted that the second quarter and the third quarter in 2019 would be the lowest point of the whole year, but it would get back soon in the fourth quarter.
The total investment in 2019 was around RMB 6.4 billion, which would be the main support of the GDP growth.
热处理展-工业炉展-2019第二十届广州国际热处理、工业炉展览会-中国效果最好的热处理工业炉展--巨浪展览
—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
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