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

Zone signals fresh reforms

Updated: 2013-08-27 06:57
( China Daily)

The government's decision to set up A free trade zone in Shanghai, together with the range of other systematic arrangements it has recently introduced, marks another milestone in its reform and opening-up drive.

That drive, initiated more than three decades ago, has successfully unleashed the growth potential of the world's most populous country, helping China shake off the plague of poverty and making it the second-largest economy in the world.

However as its growth slows, amid its economic restructuring and the changing international economic landscape, the government urgently needs to renew its efforts to attract global capital and lay the groundwork for future sustainable growth.

Last year, foreign direct investment flowing into China dropped by 3.7 percent year-on-year, the first fall since 2009. Although it has rebounded strongly in the past two months, it remains unclear whether this is a temporary reaction to signs of improved fundamentals in China or an entrenched long-term trend.

It is therefore crucial that the government takes the initiative to reform the country's financial regime to tap new management methods and make it more accommodative to foreign capital.

Such efforts started last year when the government established a free trade zone in Shenzhen's Qianhai area. Hong Kong banks are now allowed to offer cross-border yuan-denominated loans to mainland companies in the zone, a step further to internationalization of the Chinese currency.

The government has also established a mechanism this month, in which major ministries overseeing financial matters, such as the central bank, the banking regulator, the securities regulatory commission and the foreign exchange administration, will join hands to better regulate the financial sector.

While it is a necessary step to handle potential risks arising from the operation of banking, securities, insurance and various derivative business forms, unifying the financial regulations is also a must as the country becomes more integrated into the global financial regime.

The Shanghai free trade zone will mark a new high in China's financial reform and opening-up as bolder steps, such as full yuan convertibility and freer capital flow across borders, will be carried out with financial liberalization.

When successful, the unprecedented program will see more liberalized financial regulations and, as those reform measures are spread to more areas, provide a systematic backup for the Chinese economy.

 
 
...
主站蜘蛛池模板: 精品二区在线观看 | 香蕉视频免费在线播放 | av四虎 | 日韩久久精品 | 华丽的外出在线观看 | 激情xxxx| 国产又黄又爽视频 | 国产第6页 | 人人草超碰 | 涩涩资源站| 亚洲第一色站 | 亚洲国产一区二区在线观看 | 国产免费福利视频 | 青青国产视频 | 国产一区二区在线视频观看 | 婷婷久草 | 青青操免费在线视频 | 91香蕉国产在线观看软件 | 国产精品888 | 午夜小视频在线观看 | av 一区二区三区 | 91麻豆精品一二三区在线 | 欧美日韩网 | 黄色在线小视频 | 久热精品视频在线播放 | 婷婷啪啪 | 色播激情网 | 日韩在线专区 | 极品探花在线观看 | 三级黄色短视频 | 久艹在线 | 噜噜色av| 亚洲免费资源 | 任你操在线视频 | 国产成人麻豆 | www日本黄色 | 日韩一区二区在线观看视频 | 99这里只有精品视频 | 色综合天天色 | 久久久久久蜜桃 | 国产精品视屏 |