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

US EUROPE AFRICA ASIA 中文
Business / Economy

China transition, reforms boon for the world

(Xinhua) Updated: 2014-04-08 17:28

BOAO -- Some 3,000 heavyweights worldwide will gather in the scenic southern Chinese coastal town of Boao this week to attend the Boao Forum for Asia, with many seeking answers to a question: where is the world's second-largest economy heading?

Participants have reasons to feel puzzled. The past quarter has seen a declining Chinese yuan, more corporate bond defaults and slowing factory activity, all of which have triggered concerns over the Chinese economy.

There is no doubt China is suffering short-term pains with a string of indicators suggesting the country's first quarter growth may fall short of the annual target of 7.5 percent.

As the Chinese government puts the brakes on the economy, transition is a boon both for the Chinese as well as the world economy.

Projected expansion of about 7.5 percent, though lower than previous double-digit pace, is still enough for a major growth engine to pump consumption and investment demand into the world market. Over the long term, China aims to shift its growth model to a healthier one - one that is less investment- and export-driven and more reliant on consumption. The shift is set to offer huge business opportunities for overseas businesses.

Among all strategies, urbanization is the key driver of China's future sustainable development. Accelerating urbanization means not only high-rises, but also the emergence of the world's fastest-growing consumer market and a vibrant, burgeoning middle class craving for international brands and services.

For developing countries, China's reform itself, especially its economic restructuring, serves as an inspiration as well as a lesson on how to walk a fine line between growth and reform.

Meanwhile, the country's increasing overseas investment under the going-out strategy will help boost local employment and facilitate infrastructure development.

China's reform and opening up calls for more active interaction with global partners, just as the 1990s accession to the World Trade Organization prompted Beijing to open its domestic markets to greater competition and import international standards into its legal system.

Of course, the spill-over effects of China's transition and reforms may not all be pleasant in the short term. Some will suffer trade woes due to the country's slowdown. However, it could turn out to be the "catfish effect", prompting mutual development by facilitating reform on their own to fit better into globalization.

The arrow shot can not be turned back and neither can China's reform process. China is more open-minded for reform, introducing more competition and seeking international partnerships. Let's embrace each other and share the dividends.

China transition, reforms boon for the world

Boao Forum to be held in South China

China transition, reforms boon for the world

Boao Forum 2014 to be held in April

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 久操免费在线视频 | 国产成人盗拍精品免费视频 | 中文字幕视频在线观看 | 一级一黄在线观看视频免费 | 视频偷拍一级视频在线观看 | 亚洲免费视频网址 | 黄色毛片视频网站 | 国产成人影院一区二区 | 久久精品毛片 | 久久久久久中文字幕 | 中文字幕亚洲日本岛国片 | 波多野结衣视频在线 | 精品久| 久久天天躁综合夜夜黑人鲁色 | 在线视频 一区二区 | 欧美一级片网址 | 成人在线一区二区 | 成人免费小视频 | 久久性生大片免费观看性 | 欧美视频区 | 国产三级日产三级日本三级 | 日韩男人天堂 | 国产做a爰片久久毛片a | 国产一区二区日韩欧美在线 | 亚洲色欧美| 色偷偷88欧美精品久久久 | 亚洲国产成人在线 | 美女扒开腿让男人桶尿口 | 澳门毛片在线播放 | 久久黄色一级视频 | 中文字幕日韩精品在线 | 国产自在自线午夜精品视频在 | 亚洲精品成人a在线观看 | 久久经典免费视频 | 国产麻豆交换夫妇 | 曰本美女高清在线观看免费 | 亚洲国产成人综合 | 国产精品视频久久久 | 亚洲国产视频在线 | 香港三级日本三级人妇三级四 | 亚洲字幕波多野结衣作品 |