今年以来,世界经济增速放慢,主要经济体走势明显分化。美国经济增长乏力,欧元区经济濒临衰退,日本经济温和增长,新兴经济体增速持续回落。总体看,全球经济增长动能减弱,下行风险加大,预计全年增速将明显低于去年。一、主要经济体形势及特点(一)美国经济复苏乏力,房地产市场出现向好迹象今年一季度,美国经济按年率增长1.9%,增速比去年四季度明显回落。进入二季度后,制造业扩张速度放缓,5月份制造业PMI指数 Since the beginning of this year, the world economic growth has slowed down and the trend of major economies has obviously diverged. The weak economic growth in the United States, the euro zone economy is on the verge of recession, Japan’s economy grew moderately, emerging economies continued to decline. Overall, the global economic growth momentum weakened, downside risks increase, the annual growth rate is expected to be significantly lower than last year. I. Situation and Characteristics of Major Economies (I) Weak Economic Recovery in the United States and Positive Signs in the Real Estate Market In the first quarter of this year, the U.S. economy grew by 1.9% year-on-year, a deceleration from the fourth quarter of last year. After entering the second quarter, manufacturing expansion slowed down in May manufacturing PMI index