Spanish Tanneries Choose New Sites To Expand Their Scale.

Curtidos Badia, a leather tanning company, has purchased 6500 square meters of plant in the city of Catalonia for the expansion of its production scale.

It was originally owned by another tanning enterprise, Curtidos Farr s, but it declared bankruptcy in 2011.

Curtidos Badia told reporters that the company will increase its space for building new R & D departments and producing high-end leather for special customers, including Italy and France.

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OECD Secretary General Gulya released the latest economic outlook report before the summit of the group of twenty leaders, pointing out that global economic growth is still weak, and the widening gap between countries and regions poses great risks to the overall growth of the global economy.

Financial risks will continue to increase in the future, and may aggravate market volatility, but if countries adopt supportive growth policies, the global economic growth rate is expected to accelerate gradually.

The report points out that the global GDP growth in 2014 is expected to be 3.3%, and that in 2015 and 2016 will be 3.7% and 3.9%, respectively, lower than that predicted by OECD in September this year.

In the major developed economies, the US economy recovered strongly. It is expected to grow by 2.2% in 2014, 3% in 2015 and 2016, 0.8% slower in the euro area, 0.8% in 2014 and 1.7% in 2016 and 2016. Japan's growth will continue to be affected by the rise in consumption tax, which is expected to be 0.9%, 1.1% and 0.8%.

In emerging economies, the economic growth of countries in the coming years is quite different.

China is controlling its growth rate and striving for sustainable growth. Its growth rate is estimated to be 7% in 2015 and 2016, down from 7.4% in 2014 and increased in India.

The growth rate in 2015 and 2016 is expected to increase from 6.6% in 2014 to 6.6%. Brazil's economic growth has dropped sharply, and in 2014 only 0.3%, 2015 to 2016 has gradually returned to 1.5% and 2%. Because of the decline in oil prices and the sluggish trade, Russia has only 0.7% growth in 2014.

The report concludes that ambitious economic restructuring can promote economic growth in developed and emerging economies, and the group of twenty members will submit national development strategies at the summit of leaders of Brisbane to achieve the goal of 2% growth in the overall GDP growth of the twenty nation group in the next five years.