Maintaining China's Growth and Success at Golden Networking's China Leaders Forum 2012

Top Quote Building off of the momentum of past conferences, Golden Networking brings back China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", New York, October 2nd (http://www.ChinaLeadersForum.com) End Quote
  • New York, NY (1888PressRelease) September 15, 2012 - By the standards of almost any economy, reports the Financial Times, the 8.9 per cent annual growth rate China notched up in the fourth quarter last year would be a success. Yet the mood in Beijing on Tuesday was sombre as the government announced its lowest increase in gross domestic product in 10 quarters. China entered 2011 with a growth rate of 9.7 per cent in the first quarter and a government focused on tackling inflation, but ended it with a full-year GDP increase of 9.2 per cent, the same rate as in crisis-hit 2009 - the lowest level since 2002.

    At first glance, the slowdown - to 9.5 per cent in the second quarter, 9.1 per cent in the third and now 8.9 per cent in the fourth - is exactly Beijing's target for last year, especially as annualized inflation peaked at 6.5 per cent in July and was down to 4.1 per cent by the end of December.

    However, at a press conference to set out the figures, the National Bureau of Statistics expressed concerns that things were likely to get worse. "In terms of the domestic and international situation 2012 will be a year of complexity and challenges so we should be fully prepared," said spokesman Ma Jiantang in a speech laced with words such as "gloomy", "complicated" and "severe".
    However, the slowing growth of China should not be overemphasized as the nation is currently undergoing a structural shift from resources and investment driven growth to a more balanced and more sustainable pattern through innovation, reformation of the financial system and rebalancing of the economy.

    • Will China be able to continue its growth pattern and maintain its fast pace over the next few decades? Or even longer?
    • Is China's growth adequate to drive the world economy?

    China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City, will provide attendees with the responses to the above-mentioned questions and the most up-to-date review of where the Asian giant stands and the challenges and opportunities for businessmen looking to expand their business with China when others only see growth contraction. Recognized experts, regulators, and strategists, will return to China Leaders Forum 2012 in its fourth edition to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

    China Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info ( @ ) goldennetworking dot net.

    ###
space
space
  • FB Icon Twitter Icon In-Icon
Contact Information