日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Expert: China to lead U-shaped recovery of regional economy

By Chen Jia | China Daily | Updated: 2020-05-14 09:43
Share
Share - WeChat
Workers unload fruit imported from ASEAN member states at a market in Pingxiang, the Guangxi Zhuang autonomous region. [Photo/Xinhua]

China will lead a gradual U-shaped regional economic recovery, which will help anchor production and confidence in neighboring countries aided by the adoption of a wide range of stimulus packages to contain the novel coronavirus epidemic, the head of a leading international research organization told China Daily in an exclusive interview on Wednesday.

A U-shaped recovery is one in which the economy gradually climbs out of a recessionary environment.

All economies in the ASEAN+3 region, the Association of Southeast Asian Nations (ASEAN) plus China, Japan and South Korea, could return to positive growth in 2021, and the region as a whole is expected to expand by 6.2 percent next year, led by China, said Toshinori Doi, director of the ASEAN+3 Macroeconomic Research Office (AMRO), which monitors macroeconomic and financial stability in the region.

"China can play an important role to lead and support the region's economic recovery by resuming connectivity in trade and investment with regional economies and regaining regional demand," said Doi. "But this trajectory depends largely on how effectively the regional and global economies can contain the virus."

AMRO expects the region's economy to slow sharply to 0.2 percent this year. It has already shaved 3 percentage points off the growth forecast compared to a month ago.

As the COVID-19 outbreak has been nearly brought under control in China, more than half of the companies, particularly the export-oriented ones, have achieved around 80 percent of production utilization, said AMRO.

China's resumption of production will help anchor regional production and confidence, the director said. The region's electronics and semiconductor industries-spurred by 5G and artificial intelligence development, petroleum and chemicals from energy consumption-and textile and garment sectors will benefit from the resumption of manufacturing in China.

Besides, China's plan to increase infrastructure spending will also benefit commodity exporters in the region, Doi said.

"We expect China to carry out large infrastructure investment, such as transportation in the upcoming stimulus package. The country's demand for mining products will benefit mining exporters in the ASEAN, such as Indonesia, Malaysia, Laos, Myanmar and Vietnam."

On the shocks, the AMRO director said the pandemic has disrupted the ASEAN+3 supply chain and affected derived demand within the region.

In the post-pandemic period, efforts are likely to be focused on improving the robustness of the regional supply chain by diversifying the production of key intermediate and final products to more countries, to mitigate the risk of such disruptions.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 蜜桃成人在线视频 | 国产原创视频在线观看 | 成人亚洲综合 | 久草最新视频 | 欧美精品入口蜜桃 | 六月色播 | 九九九视频在线观看 | 免费午夜影院 | 岛国av片 | 中国毛片网站 | 小草av| 免费一级全黄少妇性色生活片 | 九九影视理伦片 | 亚洲综合福利 | 一区二区三区在线观看免费 | 花房姑娘第四季在线观看免费 | 日本色一区 | 日本黄色高清视频 | 国产一区二区影院 | 国产婷婷精品 | 久久免费精品视频 | 黄色免费毛片 | 在线观看免费成人 | 欧美午夜久久 | 色婷av | 99热官网 | 亚洲wwwww| 欧美视频在线一区 | 日本成人在线视频网站 | 天堂久久久久 | 国产福利第一页 | 男人综合网 | 国产五月天婷婷 | av中文天堂在线 | 国产高清一区 | 欧美理论在线观看 | 新91视频在线观看 | 一级黄色大全 | 国产福利一区二区 | 成人av免费观看 | 亚洲一区二区三区免费在线观看 |