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

Reforms pace 'needs to quicken',economists urge

By Bao Daozu (China Daily) Updated: 2015-10-26 06:52

Reforms pace 'needs to quicken',economists urge

'Institutional barriers' cited as main factor impeding nation's progress

One of China's leading economists has made a strong call for the country's leaders to speed up reforms that have been delayed.

The appeal by Wu Jinglian comes as a top leadership meeting is scheduled to be held on Monday to map out the nation's development program for the next five years.

The Communist Party of China is holding its Central Committee plenum from Monday to Thursday to come up with a proposal for the 13th Five-Year Plan (2016-20).

The meeting will also fill high-level vacancies left by officials now facing graft charges, including 11 former Central Committee members and alternate members.

Wu, 85, is a researcher at the State Council Development Research Center and a veteran economic adviser to the central government from the early days of the nation's economic reform.

Speaking on Sunday at a Center for Industrial Development and Environmental Governance forum at Tsinghua University, Wu blamed what he called "institutional barriers" as the main factor for the slowdown in China's overall rise in productivity and the failure to meet the demands of its newly rich middle-class citizens.

The only solution is to forge ahead with reform, rather than to introduce continual financial stimulus measures, he said.

He criticized the attempt to use such measures to increase the speed of growth as being the wrong way to ease the nation's economic woes.

In some key areas, reforms to remove institutional barriers have been slower than they should be, despite the leadership's strong determination expressed in reform programs adopted since 2012, he said.

One of the areas is reform of the capital market and its supervision. Another, where many problems remain, is the government's fiscal management, "because too much debt was incurred from the government's financial stimulus programs after the 2008 global financial crisis," Wu said.

The effect of financial stimulus measures has fallen to such an extent as to be nearly useless now, as it has incurred huge debt for local governments and companies. Introducing more such measures for the economy is a wrong and unsustainable solution for China, Wu said.

Instead, he said it should concentrate on reforming the financial system, fiscal management, prices and pricing system, State-owned enterprises, building up tariff-free zones and further opening up to global investors.

Chen Qinghai, former dean of Tsinghua University's School of Economics and Management, said at the same forum that China's environmental challenge will be huge.

Last week, Ma Jun, chief economist at the People's Bank of China, said future financial reform will focus on general finance, innovation finance, Internet finance and environmental or green finance.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 三级毛片免费 | 亚洲人成网站色7799在线观看 | 久久六视频 | 亚洲三级视频在线观看 | 成人做爰www | 有码 在线 | 99精品国产在现线免费 | 久久精品成人一区二区三区 | 国产视频在线免费观看 | 国产人成午夜免费噼啪视频 | 啪啪一级| 九九爱精品 | 日本国产免费一区不卡在线 | 成人小视频在线观看 | 免费观看国产网址你懂的 | 国产自产v一区二区三区c | 最新亚洲国产有精品 | 日产乱码精品一二三区 | 国产三级精品三级 | 美女视频黄视大全视频免费网址 | 亚洲一区二区三区香蕉 | 欧美视频一区二区三区四区 | 日本红怡院亚洲红怡院最新 | 中文字幕成人免费高清在线 | 亚洲国产精品一区二区第四页 | 亚洲精品久久久久影院 | 日韩中文字幕网 | 成人毛片18女人毛片免费 | 毛片韩国| 国产成a人亚洲精v品久久网 | 高清国产在线 | 手机看片自拍自自拍日韩免费 | 成年女人免费毛片视频永久 | 欧美一区二区三区免费播放 | 欧美黄视频网站 | 亚洲综合91社区精品福利 | 91综合精品网站久久 | 国产人成午夜免费噼啪视频 | 欧美久草视频 | 亚洲欧美94色 | 亚洲精品国产美女在线观看 |