Wuxinews_English_Home
home» Chinese»

CITY GUIDES»

Wuxi is located in the central area of the Yangtze River Delta. It covers an area of 4,788 square km and has a total population of 5.84 million.

It exercises jurisdiction over the county-level cities of Jiangyin and Yixing.as well as seven districts of Chongan, Nanchang, Beitang, Xishan, Huishan, Binhu and Xinqu.

Taihu Hotel
Standard:★★★★★
Add:Meiyuan, Yugang
Road, Wuxi

Hubin Hotel
Standard:★★★★★
Add:No.1, Huanhu
Road, Wuxi

Wuxi is the birthplace of Wu Culture, national industry and commerce, and township enterprises in China. It is an Outstanding Tourist City of China, a National Sanitary City, a National Garden City, a National Model City for Science and Education, and one of the Top 10 Most Competitive Cities in China. It is a city with characters.
 
 
 

 


 

BEIJING - China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.

The gross domestic product (GDP)'s value is expected to expand by 8.8 percent year-on-year in the fourth quarter of 2011, said Song Yu, Goldman Sachs Asia's economist.

Wang Tao, Chinese economist at UBS AG, said the economy will slow to 8.6 percent in the fourth quarter and decelerate to 7.7 percent in the first quarter of 2012.

The downshift will prompt authorities to further ease monetary and fiscal policies, which may stimulate the economy starting from the second quarter of 2012, Wang noted.

Tang Yunfei, chief macroeconomic analyst at Founder Securities, predicted an even slower GDP growth of 8.5 percent for the fourth quarter, citing weaker industrial production.

Both Song and Tang put the annual economic growth for 2011 at 9.2 percent, the same pace recorded in 2009, when China took a blow from the global financial crisis.

China's economy grew 9.1 percent in the third quarter of 2011, down from 9.7 percent in the first quarter and 9.5 percent in the second quarter of last year.

The government tightened its monetary policies to fight inflation before fine-tuning the policies to offset the impact of waning external demand and the cooling property industry.

The National Bureau of Statistics will release quarterly and annual economic figures for 2011 on Tuesday.



Editor:will

News-tips, comments or feedback for our website?
Please send an e-mail to wuxinews@yahoo.cn or call 86 510 8021 6252
.
 
 

 


Copyright©www.wuxinews.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.