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

BIZCHINA> Top Biz News
WB chief economist warns China of deflation, overcapacity
(Xinhua)
Updated: 2009-11-12 13:57

World Bank Senior Vice President and Chief Economist Justin Yifu Lin has warned that China's sustained development will require re-balancing the economy.

China had sound fiscal position and $2 trillion of foreign reserves, plus room for industrial and technological upgrading, Lin said during the 2009 Nobel Laureates Beijing Forum on Wednesday.

"I think it's a good time for the government to focus more efforts on rebalancing the economy and getting more growth out of the domestic economy," he said.

"Besides industrial restructuring, China should pay more attention to the restructuring in the financial sector."

Small and medium-sized enterprises, which employed 80 percent of workers, lacked access to financial services because the sector was dominated by large banks that mainly served large companies, he said.

"The small businesses' lack of access to financial services curbs their growth and employment, which would cause larger income gaps."

He said the Chinese government had succeeded in dampening the impact of the global economic crisis, especially with its four-trillion-yuan stimulus package unveiled last year.

Related readings:
WB chief economist warns China of deflation, overcapacity From renowned Chinese academic to World Bank Chief Economist
WB chief economist warns China of deflation, overcapacity World Bank upgrades growth forecast to 8.4%
WB chief economist warns China of deflation, overcapacity 'Give greater say to emerging economies in World Bank'
WB chief economist warns China of deflation, overcapacity IMF/World Bank annual meetings kick off

Eighty percent of the package would go to infrastructure construction, of which half of the funds were expected to be spent in projects relating to energy conservation and environmental protection.

"These investments can boost consumption and create more jobs in the short term. In the longer term, they can lead to a sustainable development," he said.

"People think investment would cause inflation, but I'm more worried about deflation," he said.

"A major challenge faced by the Chinese and global economy is the risk of excess capacity. If the problem isn't eliminated, it may cause deflation. More jobs may be lost and corporate bankruptcies surge as spending and investments slide, compounding the crisis."

The Washington-based World Bank last week raised its 2009 growth forecast for China from 7.2 percent to 8.4 percent, following similar moves by the International Monetary Fund and the Asian Development Bank.

Economists expect China to be the first major economy to emerge from the worst global slump since the 1930s.


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 欧美a∨亚洲欧美亚洲 | 成人短视频在线免费观看 | 国产精品成人在线观看 | 日日cao | 欧美a v在线| 大香焦伊人 | 欧美亚洲在线 | 伊人久久一区 | 国产www网站 | 激情视频一区 | 人人干在线 | 日韩av男人天堂 | 精品久久久av | 欧美激情在线 | 一区二区免费 | 狠狠插av | 天堂av资源网| 麻豆影视大全 | 国产精品久久久久久久久久久免费看 | 美女黄色一级视频 | 国产在线天堂 | 日本免费黄色小视频 | 自拍偷拍第一页 | 夫妻性生活毛片 | 久草福利在线视频 | 中文一区二区 | 欧美疯狂做受xxxxx高潮 | 成人福利在线观看 | 中文国产 | 国产精品久草 | 亚洲激情一区 | 天天拍夜夜操 | 国产精品成人免费精品自在线观看 | 五月天少妇 | 中文字幕欧美在线 | 中文字幕第69页 | 午夜久久久久久久 | 免费高清成人 | 天天精品综合 | 永久中文字幕 | 国产精品毛片一区二区三区 |