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

Chinadaily.com.cn
 
Go Adv Search

Growth model shift should go 'full speed ahead'

Updated: 2012-04-20 09:50

By Oswald Chen in Hong Kong (China Daily)

  Comments() Print Mail Large Medium  Small

China needs to accelerate the transformation of its growth model to cope with external challenges and internal problems, said Liu Mingkang, former chairman of the China Banking Regulatory Commission.

Speaking at the China Political & Economic Forum: Global Challenges & Opportunities, organized by the Friends of Hong Kong Association and China Daily Asia Pacific, Liu said the nation's economy faces many difficulties, though it is maintaining stable growth.

The economy grew 8.1 percent in the first quarter, 0.8 percentage point slower than in the fourth quarter.

Also in the first quarter, inflation-adjusted retail sales increased by 10.9 percent, which was 0.7 percentage point slower than the full-year expansion rate for 2011, Liu said.

"The Chinese economy is facing the pressures of an evident export demand contraction and difficulty in enhancing domestic demand," Liu cautioned.

Exports increased by 7.6 percent in the first quarter, 5.8 percentage points lower than in December 2011.

Breaking down exports by category, Liu noted shipments of textiles, clothing, shoes, packaging bags and ceramics had all contracted in early 2012.

Export demand is shrinking, but it's not easy for China to shift its economy to a consumption-driven model. The country is facing difficulties in expanding domestic demand, and this is particularly evident in the southeastern provinces.

According to Liu, the increase in consumption expenditures in Guangdong province in January and February was 10.4 percent year-on-year. In the same two months of 2011, consumption spending increased by 16.1 percent.

"Despite the challenges that China is facing, the country can employ its fiscal, taxation and monetary policies in an integrated manner to hasten the transformation of its growth model," Liu said.

First, the government can undertake fiscal and monetary reforms to accelerate the reform of monopolies.

Second, there is a huge demand for mergers and acquisitions in various industries in China. The government could offer taxation, fiscal and monetary policies to support mergers and acquisitions.

China must also do more to protect intellectual property rights and nurture innovation, Liu added.

"The Chinese government and enterprises, through cooperation, can create a good international environment that can help slash the costs and mitigate the risks for enterprises undergoing a transformation," Liu concluded.

oswald@chinadailyhk.com

主站蜘蛛池模板: 成年人午夜视频 | 久久久亚洲天堂 | 在线观看免费av片 | 黄色大片免费观看 | 91亚洲国产成人精品性色 | 日在线视频 | 国产91av在线播放 | 亚洲一区欧美一区 | 在线免费播放av | 成人午夜激情视频 | 欧美在线视频网 | 日本一区免费看 | 国产一区二区视频在线 | 超碰成人在线观看 | 伊人青青操 | 国产麻豆久久 | 成人午夜视频在线 | 国产精品1234区 | 国产极品美女在线 | 成人福利av | 日本欧美在线视频 | 九九一级片 | 日韩免费观看一区二区 | 二区三区四区视频 | 天天躁日日躁狠狠躁 | 天堂久久网 | 国产精品视频专区 | 91视频麻豆 | 一起草视频在线播放 | 午夜av毛片 | 日日麻批免费视频播放 | 精品国产乱码久久久久久久 | 日韩欧美中文 | 国产精品999999 | 欧美色综合网 | 免费在线日本 | 亚洲欧美日本在线 | av免费网址 | 亚洲系列中文字幕 | 伊人网在线观看 | 亚洲成av人影院 |