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

US EUROPE AFRICA ASIA 中文
Business / Economy

China transition, reforms boon for the world

(Xinhua) Updated: 2014-04-08 17:28

BOAO -- Some 3,000 heavyweights worldwide will gather in the scenic southern Chinese coastal town of Boao this week to attend the Boao Forum for Asia, with many seeking answers to a question: where is the world's second-largest economy heading?

Participants have reasons to feel puzzled. The past quarter has seen a declining Chinese yuan, more corporate bond defaults and slowing factory activity, all of which have triggered concerns over the Chinese economy.

There is no doubt China is suffering short-term pains with a string of indicators suggesting the country's first quarter growth may fall short of the annual target of 7.5 percent.

As the Chinese government puts the brakes on the economy, transition is a boon both for the Chinese as well as the world economy.

Projected expansion of about 7.5 percent, though lower than previous double-digit pace, is still enough for a major growth engine to pump consumption and investment demand into the world market. Over the long term, China aims to shift its growth model to a healthier one - one that is less investment- and export-driven and more reliant on consumption. The shift is set to offer huge business opportunities for overseas businesses.

Among all strategies, urbanization is the key driver of China's future sustainable development. Accelerating urbanization means not only high-rises, but also the emergence of the world's fastest-growing consumer market and a vibrant, burgeoning middle class craving for international brands and services.

For developing countries, China's reform itself, especially its economic restructuring, serves as an inspiration as well as a lesson on how to walk a fine line between growth and reform.

Meanwhile, the country's increasing overseas investment under the going-out strategy will help boost local employment and facilitate infrastructure development.

China's reform and opening up calls for more active interaction with global partners, just as the 1990s accession to the World Trade Organization prompted Beijing to open its domestic markets to greater competition and import international standards into its legal system.

Of course, the spill-over effects of China's transition and reforms may not all be pleasant in the short term. Some will suffer trade woes due to the country's slowdown. However, it could turn out to be the "catfish effect", prompting mutual development by facilitating reform on their own to fit better into globalization.

The arrow shot can not be turned back and neither can China's reform process. China is more open-minded for reform, introducing more competition and seeking international partnerships. Let's embrace each other and share the dividends.

China transition, reforms boon for the world

Boao Forum to be held in South China

China transition, reforms boon for the world

Boao Forum 2014 to be held in April

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 一区二区免费 | 手机看片日韩欧美 | 亚洲 在线 | 国产一区一区三区 | 国产小视频在线观看 | 亚洲免费片 | yw视频在线观看 | 免费看91视频 | 97人人艹 | 欧美久久久久久久久久久 | 国产精品久久久久久妇女6080 | 超碰2021| 欧美三级一区 | 国产高清色 | 秋霞网av | 欧美日韩亚洲国产综合 | 免费色网| 午夜精品小视频 | 性xxxx丰满孕妇xxxx另类 | 国产精品免费一区二区三区在线观看 | 99re7| 久久精品在线免费视频 | 欧美视频免费在线 | 久久精品视频免费看 | 高清视频一区二区三区 | 少妇高潮露脸国语对白 | 亚洲成人免费在线观看 | 中文字幕av一区二区三区 | 男女国产视频 | 日韩1024| 亚洲欧美精品一区二区三区 | 狠婷婷 | 91亚洲国产成人久久精品网站 | 国产在线视频在线观看 | 哪个网站可以看毛片 | 五月天堂网 | 午夜影院黄 | 国产精品一区二区在线播放 | 一区二区三区亚洲视频 | 国产一线大片 | xxx国产精品 |