www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

Markets reward China's reform ambition

Updated: 2013-11-18 14:46
( Agencies)

HONG KONG/BEIJING - Investors rewarded Beijing on Monday for a bold and wide-ranging reform plan, boosting stocks led by consumer goods shares seen as direct beneficiaries of the promised easing of China's long-standing family-planning policy and efforts to boost consumption.

The initial outline published at the end of a four-day conclave of China's top leadership disappointed markets with its lack of detail and its ambiguity. But a more elaborate account released on Friday won praise for its ambition and scope.

Leaked documents already sparked buying of mainland stocks and markets on Friday and that rally picked up on Monday.

"The full-version report addressed many uncertainties and questions ... and the comprehensiveness and depth of reform measures exceeded market expectations," said Haibin Zhu, chief China economist with JPMorgan.

China's CSI300 index of leading Shanghai and Shenzhen A-share listings rose 1.25 percent by 0200 GMT after it clocked its biggest percentage gain in two months on Friday, while the Shanghai Composite gained 1.1 percent.

Hong-Kong's index of mainland stocks climbed more than 3 percent to reach a six-month high.

The easing of the family-planning policy boosted shares of stroller maker and distributor Goodbaby International by more than 7 percent. Dairy products maker Mengniu Dairy was up nearly 6 percent.

Non-banking financial stocks also rose, while the overall market gains were tempered by sinking property stocks, both in response to a record rise in house prices, which raised expectations that the government might seek to cool the market, and plans to accelerate the introduction of a property tax.

Besides pledges to give markets a decisive role in key areas of the economy, such as pricing of resources and the financial system, the plan also included steps to boost China's urban population. Beijing sees helping hundreds of millions of rural dwellers migrate to the cities as key for more sustained development for the world's second-largest economy; its advance up the value chain and wealth creation.

Analysts and commentators suggested the plans are the most significant since Deng Xiaoping's reforms in the late 1970s and the early 1980s that opened up the country to the outside world and set it on course to become the world's factory floor.

"The government will withdraw from its intervention in the market," said Ding Yifan, deputy head of the Institute of World Development, a government-linked think tank, in describing the new approach in an interview with Xinhua News Agency.

He said that while state-owned enterprises would remain the backbone of China's economy they would be exposed to more competition and less protected than in the past.

"We will try to make them compete on an equal footing, which means the government will not continue to provide some fiscal or financial advantage to state-owned enterprises."

 
8.03K
 
...
主站蜘蛛池模板: 国产成人精品免费视频网页大全 | 国产4tube在线播放 | 91精品综合 | 在线播放日韩 | 加勒比一区在线 | 国产一区二区三区亚洲综合 | 在线视频欧美亚洲 | 欧美韩国日本 | 欧美野外性xxxxfeexxxxx | 麻豆一区 | 一级毛片免费视频网站 | 免费一区区三区四区 | 久久a 热6 | 久草不卡视频 | 久久亚洲国产视频 | 亚洲日本va午夜中文字幕 | japanesevideo乱子 japanese日本tube色系 | 七七国产福利在线二区 | 亚洲国产日韩成人综合天堂 | 三级黄页| 免费观看欧美性一级 | 国产精品一区伦免视频播放 | 国产成人精品免费视频 | shkd在线观看 | 欧美精品高清在线观看 | 欧美日韩视频一区二区 | 亚洲国产网址 | 日韩精品在线播放 | 88av视频在线 | 欧美一级毛片激情 | 精品国产成人 | 中文字幕一区二区在线播放 | 亚洲一区二区天海翼 | 特级欧美视频aaaaaa | 亚洲精品成人网久久久久久 | 六月丁香婷婷天天在线 | 国产自线一二三四2021 | 欧美高清视频手机在在线 | 欧美三级网站 | 一级片成人| 亚洲综合日韩精品欧美综合区 |