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

World should reassess China before naming it savior

Undoubtedly, China's stable and fast growth would contribute to the world economic recovery. However, it's not realistic to expect too much from the country in terms of dealing with the crisis, or even count on China to pull the world out of recession. It's similar to charging a colt with an overwhelmingly big carriage and hoping it to drag the cart along.

As prominent Chinese economist Fan Gang put it, as a developing country, China's economic recovery will have positive, but limited, affect on the world economy, which will pull out of downturn only after the recovery of major economies.

China is facing "unprecedented difficulties and challenges" this year, as stated by Premier Wen Jiabao in his government report delivered to the National People's Congress last month.

Wen told the Financial Times newspaper, "I firmly believe that running our own affairs well is the biggest contribution to entire mankind."

Likewise, maintaining China's sound economic growth is in itself a major contribution to global financial stability and economic rebound.

When speaking of running its own affairs, China does not mean protectionism or limited trade cooperation.

To demonstrate its opposition to trade protectionism, the Chinese government sent Chinese companies on procurement missions to Europe and made purchases worth 13.6 billion US dollars.

In an effort to offset the waning exports, China is striving to enhance domestic consumption, especially consumption in the rural market. The benefit, however, will not only go to China, but also foreign investors and the whole world.

Unlike the US and some European countries, who invested hefty money to rescue the ailing financial sector, China's 4-trillion-yuan spending is invested in the real economy to improve people's livelihood, which, in turn, also provides access for foreign investors to the huge market.

China's stance proceeds from the country's actual condition. It should be obvious to anyone who does not take a distorted view of China. Managing well its own affairs first will help, but not deteriorate, the current situation -- which should be the basic requirement for every major economy.

• China buys IFC bonds, backs trade finance
• Shopping team headed for US tour
• China, Argentina to push for equitable financial system
• Vice premier calls on G20 to fight crisis unitedly
• China calls for increasing cooperation with EU
• more

• G20 leaders agree on supervisory body
• G20 summit progress despite differences
• G20 leaders mull tripling of funds available through IMF
• Desperate world leaders meet on economic woes
• UK's Brown hopeful for G20, says more to be done
• more

• Hu at G20 and APEC
• China Statistics
• 2009 NPC and CPPCC
• Chinese Economy
• World Financial Crisis
• more