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

Opinion / From the Press

New normal state for Chinese economy

By Li Yang (chinadaily.com.cn) Updated: 2014-05-15 17:27

The new normal state of the Chinese economy means the government must press ahead with difficult reform and structural transformation, says an article in 21st Century Business Herald. Excerpts:

President Xi Jinping said China’s development is still in a period of important strategic opportunities. He pointed out that China must adapt to its new economic normal state and mind the difference between strategies and tactics.

Xi explained China’s economic situation as a shifting period, a transformation period and a digesting period of previous stimulus packages.

The context of deepening reforms in various areas also defines the characteristics of the new normal state, in which China must seek opportunity from crisis.

Compared with its peak growth period, the Chinese economy is now declining and the country cannot sustain high-speed growth through large-scale investment any longer.

The practical situation leaves China no choice but to look for new driving forces for growth. Deleveraging its economy requires the government to squarely face the difficulties and prepare for uncertainties and potential risks through reform and restructuring.

The government needs to delegate more power to the market and society, to let the market play a decisive role in allocating resources and encourage different parties to provide better public services.

Innovation and consumption should replace investment and exports as the main driving forces for the Chinese economy in the future.

New type of urbanization is in the details
...
东阳市| 印江| 三穗县| 肥乡县| 阳曲县| 尤溪县| 长岛县| 枣阳市| 开平市| 泰安市| 聊城市| 徐汇区| 芮城县| 陇西县| 天全县| 上饶县| 绥滨县| 博湖县| 龙川县| 安徽省| 靖远县| 丰都县| 遂川县| 邢台市| 陆川县| 满洲里市| 阳高县| 弥渡县| 菏泽市| 凌源市| 景泰县| 平湖市| 白银市| 界首市| 夏河县| 潍坊市| 马公市| 濉溪县| 得荣县| 崇礼县| 红安县|