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

Make me your Homepage
left corner left corner
China Daily Website

China's recent slowdown not hard landing: IMF expert

Updated: 2013-07-18 13:33
( Xinhua)

In the report released on Wednesday, the IMF said the Chinese economy is expected to grow by 7.8 percent this year despite a moderate slowdown during the first half, with resilient domestic demand offsetting lingering weakness in the external environment.

"Accelerating the transformation of the growth model remains the main priority, as reaffirmed in recent policy announcements by the new administration," said the IMF.

Rodlauer said China has to manage all its internal problems in a global environment that is continuing to be difficult, one of the challenges China has faced over the past several years.

He said China has achieved decades of rapid growth through urbanization and more integration into the global economy, and now the investment-boosted and export-led growth model, which helped China resist shocks from the crisis, is coming to its limits.

"That very high rate of growth pushed forward by investment and exports simply can't happen anymore," he said, noting a gradual shift toward the path based more on domestic demand is needed.

In this case, pain is unavoidable as China breaks away from the old growth model and slowdown is part of the cost of the reform, he added.

For China, the near-term challenge is to maintain stability and avoid sharp fluctuations. In the medium term, the main task is to rebalance the economy, which has been prioritized by the government.

In order to move forward the transformation, China needs to increase household income, improve social security system and reform the financial sector while making the growth more environment-friendly and inclusive.

"We are very confident that China's economy is not in the process of a hard landing. We see the economy continuing to glide into a sustainable path going forward," Rodlauer said, stressing that more work is needed to make sure the economy continues to glide safely and steadily forward.

Rodlauer said the IMF does see continuous progress made in China's domestic rebalancing and a lot of things are going in the right direction.

Particularly, actions have been taken in the financial sector to better regulate the system and improve the transparency in the shadow banking sector, he said.

"We do see the actions to contain risks," he continued, adding that he expects the Chinese government to outline more concrete steps to further advance the reforms.

Previous Page 1 2 Next Page

 
 
...
兰西县| 海伦市| 龙泉市| 平舆县| 陆河县| 仁寿县| 东安县| 天门市| 建瓯市| 凤城市| 遵化市| 左贡县| 天等县| 文成县| 海城市| 高雄市| 会理县| 聊城市| 巴林右旗| 罗源县| 临漳县| 施甸县| 十堰市| 普陀区| 拉萨市| 获嘉县| 历史| 涪陵区| 灵丘县| 云阳县| 大同市| 邻水| 广灵县| 孝昌县| 永靖县| 浙江省| 汉源县| 滦平县| 浮梁县| 敦煌市| 牙克石市|