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

Rewards and risks in China's Five-Year Plan

(Xinhua) Updated: 2016-03-12 13:38

Michael Spence, a Nobel prize winner in economics, told Xinhua while the biggest challenge is to keep growth in the neighborhood of 6.5 and 7 percent before 2020, the completion of structural changes and supporting reforms are more important.

While it remains to be seen how China will balance growth and reforms, investors are excited by a new wave of opportunities brought by the country's yearning for quality growth.

Supply-side reform, innovation, technological upgrades, market competition, more efficient state-owned enterprises and low fossil-fuel dependency have all been given pride of place in the latest five-year plan.

China's expenditure on research and development in the next five years will be 2.5 percent of the GDP, up from 2 percent last year. This increased investment will support sophisticated projects such as deep space exploration and robotics.

China's emphasis on innovation-driven growth has particularly cheered other innovative economies.

"The United Kingdom offers a mature, proven system that promotes innovation and our two countries can take cooperation to a new level," Jeff Astle, executive director of the China-Britain Business Council (CBBC), told Xinhua.

A report on the "Made in China 2025" initiative for British companies to work with Chinese companies will be released at a CBBC forum on innovation later this month in the port city of Tianjin.

Chen Qihua, vice president of Caterpillar Inc and chairman of Caterpillar China, said the higher premium China has placed on innovation, smart manufacturing and energy saving means more collaboration opportunities for the company.

"We are optimistic about China from a long-term perspective," Chen said.

Given the inherent hit-or-miss nature of innovation, however, patience is also advised.

"Innovation doesn't work the way low-cost manufacturing does," Kuhn said. "Innovation cannot be legislated. An innovation-based economy must accept failure as a necessary part of the process."

"The most effective and robust policy to facilitate China's transition is greater competition," he said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 午夜在线免费观看视频 | 亚洲色图制服诱惑 | 日韩成人高清视频 | 91免费视频观看 | 99福利在线 | 成人碰碰 | 国产一级二级在线观看 | 欧美日韩免费一区二区三区 | 一区免费 | 午夜视频www | 奇米影视9999 | 女教师淫辱の教室蜜臀av软件 | 黄页网站在线看 | 97国产精品 | 综合激情网站 | 午夜精品久久久 | 91精品国产乱码久久久张津瑜 | 亚洲成人第一页 | 欧美日韩精品一二三区 | 欧美精品一区二区三区四区五区 | 97视频在线免费观看 | 国产成人一级 | 国产一级片免费在线观看 | 国产视频分类 | 国产精品a久久久久 | 91色多多 | 久久综合精品视频 | 一级片免费 | 中文字幕免费视频观看 | 日本成人免费在线视频 | 69久久精品 | 一区二区三区观看 | 久艹在线观看 | 国产欧美三级 | 日韩视频一区在线观看 | 6080av| 欧美又大粗又爽又黄大片视频 | 欧美一级一区二区三区 | 热热热热色 | 国产特级淫片免费看 | 国产精品美女www爽爽爽 |