In the first three quarters of 2012,China's fixed asset investment increases by 20.5%,and its growth shows a downward trend according to the year-on-year growth rate falling by 4.4 percentage. The main reasons are "tight" monetary policy and most severe real estate control policies. According to prediction,China's annual fixed asset investment growth in 2012 will reach 21%; consumption growth will reach 14%; import and export growth will reach 9%; growth of above-scale industrial added value will reach 11%; GDP growth will reach 7.8%,which is higher than 7.5% of the planned targets. According to the factors of promotion and constraints of China's investment in fixed assets,China's fixed asset investment growth in 2013 will be greater than that in 2012,reaching about 24%,about 5% of the contribution to GDP growth; the GDP growth in 2013 will reach 8.4%,and the CPI of China will be 3%.
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