国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China has 'ample capacity' to avoid hard landing

(Xinhua) Updated: 2012-07-19 13:31

WASHINGTON -- China has sufficient policy maneuver to respond to economic slowdown and the consistency of policies measures is noticeable in its reforms, a senior US Treasury official said on Wednesday.

"China has ample capacity to avoid a hard landing," said Lael Brainard, the Treasury's under secretary for international affairs, said at a Washington-based think tank.

"Chinese authorities have been very pragmatic," she said, adding that it is "very important" for Chinese policymakers to support domestic consumers and continues the rebalancing.

Latest official data showed that the Chinese economy expanded 7.6 percent year-on-year in the second quarter, which was below 8 percent for the first time in three years. To stabilize economic growth, China has taken a number of steps, including two interest rate cuts in a month.

Brainard said there are variety of indicators to measure a country's economic performance other than the rate for GDP growth.

"We've seen some indications they are going to be much more focused on lifting domestic consumers," a key part of the rebalancing efforts to make the growth model more sustainable, she noted.

Brainard said China has set consistent and explicit goals in its 12th Five-Year Plan, including goals for household incomes.

She also noted that China's current account surplus has fallen significantly, reflecting appreciation of RMB against the dollar in inflation-adjusted terms.

Hot Topics

Editor's Picks
...
瓦房店市| 巴东县| 永安市| 华蓥市| 简阳市| 和平县| 安陆市| 新建县| 安徽省| 枣强县| 彭阳县| 自治县| 莒南县| 宝应县| 滦平县| 资中县| 建德市| 葵青区| 德州市| 大宁县| 甘洛县| 德兴市| 永登县| 崇仁县| 民丰县| 巩义市| 满城县| 成武县| 哈密市| 肇州县| 大竹县| 页游| 广饶县| 柯坪县| 安溪县| 曲水县| 兴隆县| 黄冈市| 霍城县| 通河县| 文登市|