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Confidence of Shanghai Banking in Economic Growth Rebounds

Xinhua Net          2010-3-4 11:02:00    

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The statistic results of questionnaire released by Shanghai Bureau of China Banking Regulatory Commission on the latest macro-economy and banking operation indicated that the confidence of the financial institutions in Shanghai in economic growth rebounds, with the business anticipation cautiously optimistic.
The survey report with 176 analysts from the municipal banking industry participating showed that more than 60% banks of Shanghai deemed the economic growth of Shanghai and China is “proper”, signifying that the confidence of banks in economic growth rebounds for three consecutive quarters.
For the rationality of increase of fixed assets investment worth concern most and inflation in the economic operation of 2010, compared with the previous quarter, banks paid more attention to energy, resource and environment and less attention to the slowing-down export growth.


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