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

A year of rebalancing

Updated: 2012-01-18 08:02

(China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

The resilient growth of the Chinese economy in 2011 should not be that surprising given the formidable momentum produced by the country's accelerating urbanization.

Instead, what impresses us most about the past year is the early and vital progress China has achieved in rebalancing its economy domestically and internationally.

The latest statistics show that the world's second largest economy expanded by 9.2 percent last year in spite of the global turbulence and domestic price hikes.

Compared to its own record of more than three decades of nearly double-digit growth, the new growth figure does not look too exciting. Yet, from a global perspective, the performance of the Chinese economy remains the envy of most developed countries, which are plagued by sovereign debt crises and stubbornly high employment.

Chinese policymakers certainly deserve credit for their resolute efforts to battle surging inflation. The country's consumer inflation hit a 37-month high of 6.5 percent last July before it was brought down to 4.1 percent in December.

Those people who expressed concern that China's tightening measures to fight inflation would lead to a drastic slowdown surely did not expect 9.2-percent overall growth.

They underestimated the long-term driving force that the country's ongoing urbanization provides.

More importantly, they failed to grasp the far-reaching significance of China's progress in rebalancing its growth pattern.

The country is reducing its dependence on external demand and boosting domestic consumption as a key engine for sustainable growth. China's trade surplus fell to $155 billion last year, down 14.5 percent from a year earlier, falling to an estimated 2.2 percent of GDP in 2011, compared with 3.1 percent in 2010 and a high of 7.5 percent in 2007.

The country has also managed to, slightly but steadily, rein in the widening income gap between rural and urban residents, one of the most difficult problems that the country must overcome to sustain its long-term growth story.

It is particularly reassuring to see that the nominal income growth of rural residents increased by 17.9 percent, outpacing that of urban residents, to narrow the urban-rural income ratio from 3.23:1 in 2010 to 3.13:1 in 2011.

The scale of China's rebalancing may appear small in terms of statistics. But in reality, it could mean a sea change in many aspects of our social and economic development.

(China Daily 01/18/2012 page8)

主站蜘蛛池模板: 天天操天天干天天爽 | 91禁在线看| 国产性xxx| 久久人视频 | 日本裸体网站 | 四虎视频国产精品免费入口 | 超碰88 | 蜜桃在线一区二区 | 91影库| 国产精品8 | 在线观看亚洲成人 | 四虎黄色片 | 日韩黄色一级 | 天天爽天天射 | 免费古装一级淫片潘金莲 | 久久免费少妇高潮久久精品99 | 噼里啪啦国语版在线观看 | 国产又粗又大又长 | 久久久久久在线观看 | 在线看一区二区 | 亚洲精品18在线观看 | 中日韩三级 | 免费黄网站在线观看 | 国产在线二区 | 国产97视频 | 国产免费观看av | 加勒比久久综合 | 欧美一级免费片 | 久久只有这里有精品 | 九九热精品视频在线观看 | 欧美亚洲视频在线观看 | 成人在线免费观看网址 | 色在线免费视频 | 成人香蕉视频在线观看 | 日韩毛片儿 | 九九久久免费视频 | 久久国产精品偷 | 成人免费区一区二区三区 | 欧美激情综合网 | 精品一区二区三区不卡 | 亚洲另类欧美日韩 |