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

China will still be a huge growth driver for Asia: Australian economist

(Xinhua) Updated: 2016-03-21 16:18

CANBERRA - Despite the bleak picture of global economic turmoil, China will still be a huge growth driver for Asia, which will continue to outperform the rest of the world, Australian economist James Laurenceson told Xinhua on Monday.

Laurenceson, who is also deputy director of University of Technology, Sydney's Australia-China Relations Institute, noted that China's growth has been driven by domestic demand since 2010.

"In other words, Asia has a huge growth driver that lies within the region. It no longer needs to rely on demand coming from the US and Europe. The most important consideration is that China's path to a predominantly middle class country remains on track," he said.

However, China has been under continuous pressure of economic slowdown. Higher labour costs lead to the transfer of some industries to other low-costing countries, putting China's economic future on doubt.

Laurenceson said rising wages is a challenge, but fundamentally necessary if China is to become a predominantly middle class country.

"I look upon rising wages as a sign of strength and the progress that is being made toward China's growth being driven by consumption and its goal of becoming a moderately prosperous society."

As representatives from Asian governments, business sector and other walks of life are about to meet in Hainan, China for the annual Boao Forum for Asia, Laurenceson emphasized that major Asian economies should strengthen cooperation and coordination by giving priority to the completion of the Regional Comprehensive Economic Partnership (RCEP).

"The Boao Forum provides the logical venue for where the case for this trade agreement can be made," he said.

While the US Federal Reserve aims to have the interest rate hike and Europe and Japan implement new round of quantitative easing, Asian economies need to strengthen policy coordination in order to mitigate the risks.

Laurenceson said the challenge for Asian economies, in particular China, is to collectively resist the idea that growth can come from extremely loose macroeconomic policies rather than structural reforms.

"Recent statements by Premier Li Keqiang and People's Bank of China Governor Zhou Xiaochuan give me confidence that China's leaders understand this."

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 纪美影视在线观看电视版使用方法 | av中文字幕一区二区 | 亚洲在线免费视频 | 天天色av | 男人免费网站 | 五月婷婷伊人网 | 久久精品区 | 国产夫妻精品 | 精品日韩一区 | 国产一区二区视频免费观看 | 91福利在线视频 | 超碰人人超碰 | 一级片在线观看视频 | 欧美人日b | 中文字幕视频网站 | 特级西西 | 国产精品久久国产精品 | 亚洲精品福利 | 播播激情网| 日本中文字幕一区 | 国产麻豆精品在线观看 | 欧美色综合天天久久综合精品 | 亚洲一区无| 国产精品69久久久久孕妇欧美 | 亚洲综合黄色 | 91传媒在线观看 | 91久久精品国产 | 久久久一级片 | 国产天堂网 | 人人澡人人射 | 欧美一区二区三区观看 | 日韩一区二区中文字幕 | 日韩精品乱码 | 在线免费看av | 久久久久亚洲精品国产 | 亚洲情在线 | 亚洲图色在线 | 亚洲成熟少妇视频在线观看 | 午夜精品福利在线观看 | 伊人久久久久久久久久久久 | 欧美日韩精 |