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: 亚洲大胆视频 | a天堂资源在线 | 福利社午夜影院 | 成人久久久久久 | 中文字幕中文字幕 | jizz日| 日本免费一级片 | 男人的天堂在线播放 | 日韩国产欧美视频 | 欧美一区二区三区视频 | 神马久久精品综合 | 五月天久久久久 | 福利二区视频 | 一级片免费在线观看 | 性做久久久| 午夜琪琪 | 国产精品九九九九 | 亚洲一级免费视频 | av资源共享 | 天堂网中文字幕 | 日韩国产在线 | 黄色aa视频| 国产精品国产三级国产专区53 | 超级碰在线视频 | 超碰天天 | 久操国产 | 在线免费观看av片 | 国产又粗又猛又黄 | 一个色综合网 | 日韩va| 久一久久| 在线中文字日产幕 | 国产激情无套内精对白视频 | 亚洲一区第一页 | 天堂综合网久久 | 亚洲精品日韩在线 | 香蕉影音| 免费成人在线视频观看 | 国产精品美女www | 天天干天天干天天干天天 | 91偷拍精品一区二区三区 |