Regeln » Premier Li urges China's rust belt

KIEV Alonzo Mourning Jersey , July 6 (Xinhua) -- Ukraine's central bank on Thursday revised down its forecast for the country's gross domestic product (GDP) growth this year from 1.9 percent to 1.6 percent.


"The forecast was revised due to the sluggish economic performance in the first half of the year, particularly in the service sector, and the adjusted expectation for this year's grain harvest," the bank said in a statement.


Ukraine's key industries, including metallurgy, mining, energy and transport may show worse performance by the end of the year than previously expected, it said.


The Ukrainian economy grew by 2.3 percent in 2016 after two years of decline.


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HANOI, June 29 (Xinhua) -- Vietnam is poised to make a gross domestic product (GDP) growth of 5.73 percent in the first half of this year, its General Statistics Office said on Thursday.


Between January and June, Vietnam's agriculture, industry and service sectors grew 2.65 percent, 5.81 percent and 6.85 percent, respectively, against the same period last year, the office said, noting that the service sector has seen the highest year-on-year growth in the last five years.


Services with high growth rates included wholesales and retails (7.1 percent), accommodations and catering for travelers (8.9 percent), finance, banking and insurance (7.66 percent), and realty trading (3.86 percent).


The Vietnamese government has showed strong determination to realize the target of a 6.7 percent increase in the country's GDP this year. Its GDP growth last year was 6.21 percent.


Premier Li urges China's rust belt to speed up reforms


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