Moreover, the exceptionally low levels of default rates in corporate sector might turn up again. Ample stress-testing has been conducted to evaluate the effects of various scenarios of rising interest rates, and the banks seem to be well prepared for this event. However, we should remain vigilant with respect to this risk.
The domestic environment in 2006 is also conducive to economic growth. As a result of industrialization, urbanization and upgraded consumption structure, investment, consumption and export are expected to maintain robust growth. The performance of the economy has become more stable. Data revised following the economic census shows that macroeconomic indicators have improved, indicating sustainability.