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|Posted: Tue Jan 29, 2019 9:45 am
ice said the cars raced at an average spped of 150 kilometer
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TAIPEI， Oct. 20 (Xinhua) -- A Taiwan think tank Chung-Hua Institution for Economic Research (CIER) raised its forecast for Taiwan's annual economic growth for 2016 to reflect improvement of demand inside the island.
The island's gross domestic product (GDP) is expected to grow at an annual rate of 1.03 percent this year， slightly higher than its last estimate of 0.84 percent， CIER said in its latest economic forecast.
Taiwan's economy expanded 0.65 percent in 2015.
CIER said demand inside the island will contribute the most to annual growth， or 1.33 percentage points.
CIER estimates that Taiwan's private consumption will grow 1.47 percent， and investment will climb 1.27 percent. Imports are likely to grow 0.5 percent while exports will stay flat.
Taiwan's economy will post better performance in the second half due to lower comparison basis in the same period a year ago and recovering high-tech industry， CIER experts said at a press briefing.
CIER predicts the island's economy will grow at an annual rate of 1.81 percent in 2017 driven by the improving global outlook.
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Police in Shenzhen, Guangdong Province have detained 13 suspects from Hong Kong for racing their luxury cars on Shenzhen's roads on November 6 and 7.
Twelve cars made by companies such as McLaren, Ferrari and Lamborghini were seized by police. All suspects were Hong Kong citizens between the ages of 38 and 62, reported Guangzhou-based Nandu Daily on Thursday.
Shenzhen police said on their official Sina Weibo account on Tuesday that they had received a number of complaints from local citizens about sports cars racing on the Guangzhou-Shenzhen Expressway running along the Pearl River.
Traffic camera showed two groups of cars with Hong Kong license plates entering the highway at noon on November 6 and 7. Police said the cars raced at an average spped of 150 kilometers per hour, with the fastest exceeding 250 kilometers per hour, and "it only took six minutes for them to drive from Nanshan, Shenzhen to Dongguan (a distance of about 22 kilometers)."
Some suspects told the police that they "wanted to enjoy the fun of driving and appreciate the feeling of being cool and exciting."
Gong Li, a police officer working the case, called it particularly serious in terms of the speed at which the cars raced and the large numbers of participants. It was. Cheap Jerseys From China Cheap Jerseys China Cheap Jerseys China Wholesale T-shirts Wholesale Hoddies Cheap NBA Hats Wholesale Hats China Cheap Shirts Free Shipping Cheap Hoddies Wholesale Cheap NCAA Hats