People Beijing, April 13 (Reporter Zhang Bin), the National Bureau

People Beijing, April 13 (Reporter Zhang Bin), the National Bureau of Statistics on the 12th will be released in the first quarter economic data, including gross domestic product (GDP) data as reflecting the start of the annual economic indicators of concern. Many agencies believe that the weakened due to the economic growth momentum in the first quarter year on year GDP growth rate than last year's fourth quarter of 8.9% decreased, economic downward pressure was still evident.

Tsinghua University, China and the World Center for Economic Research recently released research report predicts that 2012 full-year GDP growth of 8.4 percent in the first quarter GDP growth will drop to 8.4 percent, down 0.5 percentage points higher than the fourth quarter of last year, while second-quarter GDP two quarters gradually picked up or dropped to the level of 7.9%, annual economic situation was inverted U-shaped.

CICC chief economist Peng Wensheng said January-February data show weak economic growth. Expected in the first quarter GDP growth may be reduced to about 8.5% lower than the previously expected 8.7%. The steady growth of macro Korean Layout policy will adjust the structure to tilt in the next two quarters, the total counter-cyclical operation led growth soft landing.

Yu Song, an economist at Goldman Sachs Gao Hua, is expected in the first quarter GDP growth was 8.5 percent, slowed down by 0.4 percentage points than the fourth quarter of last year.

Zhang Jing, China and Thailand joint macro analysts expected a quarter GDP grew 8.6 percent quarter on quarter by 0.3 percentage points lower, growth of 1.7 percent from the previous quarter continued to decline. Eased, but the demand continues to weaken, and continued to go to the inventory needs to vendors continue to slow down production, output continued to decline. Taking into account the endogenous growth momentum in China's economy still exist, excluding the actual needs of the price decline is not obvious, the rate of output decline is still small.

Analysts believe that the tie in the second quarter economic growth in the state out of the bottom of the crawl needs a moderately relaxed monetary policy, if the release of strong fiscal reforms signal a steady growth of the Chinese economy will gradually achieve a soft landing. Zhu Baoliang, chief economist of the National Development and Reform Commission economic center, said that the Chinese economy will not be a hard landing. As long as real estate investment stable, small business and export growth to maintain the basic stability of the Chinese economy can maintain a growth rate of 8% -8.5%.