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Chen Gong:The Growth Mode of Tianjin Is to Encounter Crisis

China suffered great economic downward pressure in the first quarter and local economy is generally under pressure. In this context, the economic growth rate of Tianjin reached 9.3% in the first quarter, which is very impressive. However, ANBOUND research team points out that judging from the growth tendency in the future, there are risks that Tianjin might lack growth impetus in the future. With the current growth mode, the economic growth rate of Tianjin will probably fall, unless the central government continues to introduce macroeconomic stimulus measures.

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