More inclined to hypermarket style home brands, this model can also promote the transformation of home brands to the whole category japan property agency. Therefore japan property agency, there is very important work in the future, and the production bases and logistics centers must be deployed nationwide through the integration of the supply chain japan property agency. Not only can the product delivery capacity be improved, but at the same time when a certain volume is reached japan property agency, the probability of a sharp rebound is not high. Next year, the macro economy will continue to run smoothly with a high probability, maintaining a medium-high-speed growth japan property agency. With the policy of reducing the proportion of project capital japan property agency, the early release of special debt, and the expansion of special debt, infrastructure repair is expected to become a major contributor to the increase in fixed asset investment next year. It is estimated that the growth rate of infrastructure investment will gradually be repaired in the next few quarters, gradually approaching the growth rate of nominal GDP. According to the analysis of the Minsheng Banking Research Institute, looking forward to 2020, the growth rate of investment in fixed assets may rise slightly to about 5.5%. The annual growth rate is about 5%. It is worth mentioning that, in the context of “closed doors” and the increasingly standardized local government borrowing, the easing path for pan-fiscal financing is limited, and the possibility of a substantial rise in infrastructure investment is low. In 2019, the global economic growth slowed down, demand was weak, and exports of major global economies were weak, while China’s exports showed greater resilience. According to WTO statistics, China ’s merchandise exports in US dollars in the third quarter of 2019 decreased slightly by 0.35% year-on-year. There are three major reasons for the resilience shown by China ’s exports. The first is the relatively high proportion of consumer goods exports. 30%, much higher than 8% in South Korea and 9% in Japan; modest rebound in car sales in 2020 supports growth in consumption. From a year-on-year perspective, car consumption will no longer be a drag on the growth of retail sales of consumer goods next year. Continuing the current weakness and going out of the trough, it is expected that the growth rate of auto sales for the whole year will stabilize from the current -0.7% to a small positive increase near 0. However, the growth rate of disposable income of urban residents has slowed down or restrained consumers’ willingness to consume. Bureau data show that although there is a significant reduction in personal income tax, on the whole, there are reasons to remain relatively optimistic about economic growth in 2020, and the Chinese economy has the conditions to maintain medium and high speed growth.The gap between the level of economic development and developed countries is still obvious. In 2018, China’s per capita GDP was US $ 9,770, which was only about 1/4 of Japan and 1/6 of that of the United States.Facing a relatively long period of low global economic growth, China actively transforms “high-quality development”
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