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

Make me your Homepage
left corner left corner
China Daily Website

Shanghai FTZ outlines roadmap of new reform

Updated: 2013-09-29 17:26
( Xinhua)

BEIJING -- By officially launching its first free trade zone (FTZ) in Shanghai on Sunday, China is unveiling a new economic reform path in the post-financial crisis era.

Global observers have hailed the FTZ as the country's most significant reform push since the creation of Shenzhen Special Economic Zone more than three decades ago, and a "weather vane" for realizing the new leadership's vision for "season two" of China's economic miracle.

FOLLOWING WORLD TREND

Analysts say the Shanghai FTZ is a timely policy response to a global reform trend in the post-financial crisis era, especially in the emerging economies.

According to a Morgan Stanley research, only one tenth of the emerging markets in history managed to retain a growth rate of 5 percent within three decades. The emerging economies must reform or will get stuck in the "middle income trap."

Zhu Haibin, chief China economist at JP Morgan Chase & Co, said that setting up the FTZ in Shanghai gives a new definition to the relationship between the government and the market.

He noted that the policy will unleash a new round of growth potential through institutional innovation, rather than institutional preference, which will be the core of China's new economic reform.

EYEING FREE TRADE TALKS

The FTZ is also a starting point for China to get involved in the process of writing global trade rules, especially when several new free trade arrangements such as the Trans-Pacific Partnership (TPP), seemed to be bypassing China, the world's second largest economy.

Wang Yong, an expert from Peking University, said China is facing unprecedented challenges in global free trade setups with its absence from the TPP and the Transatlantic Trade and Investment Partnership.

Yves Tiberghien, associate professor of political science and director of the Institute of Asian Research at the University of British Colombia, Canada, recently told Chinese media that the Shanghai FTZ is part of China's overall strategy to counter the TPP led by the United States as the Chinese model continues to evolve and has the ability to generate further growth.

BUILDING FINANCIAL POWERHOUSE

Meanwhile, the Shanghai FTZ is also expected to make the Chinese city emerge as a future financial leader in Asia which will increase China's global economic influence in the long run.

According to the blueprint released, major financial reform measures like the RMB's convertibility under the capital account, market-set interest rates and cross-border use of the Chinese currency will be tested in the zone.

As British scholar Susan Strange puts in her theory, finance is one of the four dimensions of the structural power in the international political economy.

According to a recent report of the Bank for International Settlements, the RMB has joined the ranks of the most traded currencies for the first time in 2013, underlining the growing might of the country's economy.

Economists said the success of Shanghai FTZ pilot project will be key to enhance the RMB's influence on the international financial stage and whether China could upgrade its integration into globalization from trade to finance.

 
 
...
主站蜘蛛池模板: 性感美女av | 伊人三级| 欧美一区二区不卡视频 | 国产精品手机在线观看 | 久久视频免费观看 | 91免费视频网站 | 18女人毛片 | 色哟哟亚洲 | 午夜丁香婷婷 | 亚洲巨乳| 激情开心成人网 | 国产精品久久久久久久久久久久久久久久 | 久久视频99| 看黄色大片 | 欧洲精品一区二区三区 | 天堂在线免费观看视频 | 亚洲综合伊人 | 中文字幕视频一区二区 | 中文字幕第23页 | 五月婷综合 | 亚洲999| 天天操天天射天天爽 | 国产精品成人一区二区 | 日本精品视频一区二区三区 | 国产成人精品免费 | 成人在线免费视频 | 国产综合精品久久久久成人av | 欧美精品午夜 | 日韩av综合| 亚洲区精品 | 狠狠干影视 | 国产免费资源 | 蜜桃久久av一区 | 午夜久久久久久 | 加勒比久久综合 | 亚洲乱轮视频 | 四虎精品影院 | 欧美精品www | 日韩在线观看网站 | 日日精 | 成人精品区 |