China news agency, Shanghai, June 25 (Reporter Chen Jing) - The world's largest professional body of accountants - CPA CPA Australia made on the 25th release of its theme of "China's prospects for economic recovery," the latest research report. The report showed that respondents in China's economic prospects for recovery.
According to the report, the majority of the financial, accounting and business professionals in the field of China's economy is expected in the fourth quarter of this year is expected to begin in the first half of next year as well as recovery, half of them full of confidence on China's stock market, and that the Shanghai Composite Index this year is expected to rise 3000 points to 3900 points to a new high.
Here at a news conference, the persons concerned, the Australian Society of Accountants since starting in late May of this investigation and took 10 days to complete. Hundreds of respondents from the accounting, consulting, finance, real estate and other industries as well as the rapid consumption. The theme of the survey, respectively, and forecast for the economic performance, business prospects, recruitment trends and the development trend of Sino-Australian trade.
It is understood that the survey, more than three-quarters of the respondents predicted that by the end of 2009, China's real GDP growth will range between 6% to 7.9%; more than half of the respondents as the Government consumption expenditure driven GDP growth.
the fourty percent of the respondents expressed the view that the Government four trillion infrastructure investment program will play the most important economic stimulus, followed by stimulation of specific measures, including increased protection of low-income housing construction, such as strengthening rural infrastructure, after the financial crisis may help China's economic recovery.
CPA Australia president of the Shanghai Committee liu qi liang told reporters that more than three-quarters of the respondents expressed the view that the 2010 World Expo will boost China's economic development, the convening of the World Expo will greatly increase consumer confidence, and attract more foreign capitall liu qi liang said that at present, many Australian businesses are highly concerned about the opportunities the World Expo.
With regard to Sino-Australian trade relations, the survey showed that the majority of people think that is sweeping through the world financial crisis will not lead to reduction in China's investment in the coming year in Australia, China and Australia will be in the mining and energy fields. Half of the respondents believe that China will in 2009 to replace the United States to become Australia's largest import country.
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