Increase Rate of Investment in Jan-July Drops in Anhui Province
OREANDA-NEWS. September 8, 2011. The increase rate of industrial investment from January to July dropped month by month, according to Anhui Provincial Commission of Economy and Information (APCEI).
The industrial added value of above-scale enterprises in Jan-July increased by 20.2 %, learned from APCEI. But the increase rate in the first seven months dropped month by month in terms of monthly increase rate. In addition, affected by tightened loans, land policy and investment slump in railways and electricity, the capital investment in Anhui decreased rapidly.
Besides, the effect of regulating policy is very strong. The coverage of home purchase limit will possibly expanded to second and third tier cities. The property developers will face more serious situations and the investment in real estate will inevitably fall.
Facing these problems, how do we solve them ?
According to the staff with APCEI, small enterprises contributed 60% to the whole economy. A series of favourable policies such as tax reduction and exemption should be issued to help them out of plight.
Apart from favourable policies, comsumption should be strengthened in a bid to transform growth mode.
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