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

Concerns over China's economic policies unfounded: leading economist

(Xinhua) Updated: 2016-04-09 10:31

GENEVA - Concerns regarding China's economic policies and relative market slowdown are entirely unfounded, a leading German economist and former UN official said, urging countries to accept China as a market economy.

"China is doing what a normal market economy would do," Heiner Flassbeck, former State Secretary in the German Federal Ministry of Finance, told Xinhua in an exclusive interview Thursday.

"It's absolutely normal for a country that is involved in open global trade to try and export more than before, that is what Germany did over the last fifteen years," added Flassbeck, who is also former chief of Macroeconomics and Development of the United Nations Conference on Trade and Development.

A number of countries are becoming increasingly alarmed regarding Beijing's industrial oversupply and its increasing exports.

China's decision to reduce imports has also compounded the situation for many countries who rely on exports to the Asian economic powerhouse.

As part of China's 13th Five Year Plan, policymakers in Beijing have opted to push forward structural reforms on the supply side by tapping strong domestic demand, simplifying government procedures and pursuing innovation-driven growth and hence quality growth at a higher level instead of the fast but low-quality growth of the past.

"The rules of free trade should apply to everyone," said Flassbeck, who reminded that overcapacity is normal for a country which had enjoyed a growth rate of around 10 percent for some 20 years.

"Over the last ten years, China has also dramatically cut its current account surplus," he said. "China did what was necessary to balance the global economy; other countries have not."

According to Flassbeck, as long as China's current account surplus does not reach 10 percent of its gross domestic product (GDP), which is around three times the current level, there is no cause for concern.

Nevertheless, protectionist measures against China are not justified as countries and regional blocs such as the European Union (EU) must adjust themselves to new economic realities rather than rely on China to provide them with a solution, he said.

He also suggested that China should be accepted as a market economy by the end of this year.

"In all the countries the government is intervening in one way or the other. In Germany we had in the past an intervention in a dramatic way in agriculture; Airbus would not exist without intervention of governments of all of Europe," he said. "China is as much a market economy as many other countries."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 91喷潮 | 自拍偷拍精品视频 | 久久久精品少妇 | 四虎网站最新网址 | 亚洲国产精品第一页 | 日本一区二区久久 | 六月婷婷激情网 | 999av| 天天操天天干天天爱 | 亚洲精品白浆高清久久久久久 | 天堂影院av | 亚洲在线视频 | 欧美理论片在线观看 | 伊人影院久久 | 日韩va在线 | 色视频免费在线观看 | 中文字幕一区二区三区不卡 | 97在线视频观看 | 青青草手机在线视频 | 自拍毛片 | 在线日韩一区二区 | 一起草av在线 | 欧美区亚洲区 | 超碰毛片 | 成人短视频在线播放 | 午夜一级免费 | 韩av| 久久在线视频免费观看 | 精品欧美激情精品一区 | 久久久久久国产精品免费免费 | 久久综合一本 | 亚洲第一页乱 | 成人毛片视频免费看 | 国产剧情av在线播放 | 综合精品视频 | 一区二区在线观看视频 | 国产视频久 | 亚洲网站在线 | 中国一级黄色录像 | 色在线视频 | 亚洲二三区 |