久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

Report: E11 growth was impressive in 2015

By Zhong Nan (China Daily) Updated: 2016-03-23 07:41

Report: E11 growth was impressive in 2015

Justin Yifu Lin (standing), a professor of economics at Peking University and former World Bank chief economist, attends a news conference at the Boao Forum for Asia Annual Conference in Boao, Hainan province, on March 22, 2016. [Photo/China Daily]

Major emerging economies slowed, but they still fared better than G7 and European Union

Major emerging economies maintained their positive growth momentum under slow global economic conditions in 2015 and there is no need to be pessimistic about their long-term ability to develop, according to a report released on Tuesday by the Chinese Academy of Social Sciences.

The Development of Emerging Economies Annual Report 2016, released at the annual Boao Forum for Asia in Hainan province, said that the economic growth of the 11 major emerging economies, or E11, slowed in 2015, but less than developed economies.

The 11 economies, which are also members of the G20, are Argentina, Brazil, China, India, Indonesia, South Korea, Mexico, Russia, Saudi Arabia, South Africa and Turkey.

Data from the International Monetary Fund said the E11's economic aggregate, based on the market conversion of market exchange rates, amounted to $22.28 trillion in 2015-30.3 percent of the global total and a 1 percentage point increase from 2014.

Even though the overall growth of the E11 slowed, growth remained impressive compared to the advanced economies in Group of Seven countries and the European Union, the report said.

In 2015, the average growth rate of both the G7 and the EU was 1.9 percent, far below the E11's 4.5 percent-though different dynamics were at play. The G7 and EU logged growth after a long period of stagnation, indicating a slow recovery, while the E11 economies slowed in the face of downside pressure.

Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said the E11's slower economic growth is closely related to its deepening of internal reforms and structural adjustments, including a slight decline in private consumption, a weaker investment-driven force and a gradual decrease of net exports.

Annual event

The theme of this year's forum is "Asia's new future: New dynamics, new vision". The forum will run through March 25, with 88 sessions, including 51 forums, 14 roundtables, six themed dinners and 12 entrepreneur dialogues.

A total of 2,100 representatives, including 1,122 heads of global and domestic companies from 62 countries and regions are participating in this year's forum.

"For Asian countries, the economy is still growing, but at a slower pace. And it is facing more challenges," said Zhou Wenzhong, secretary-general of the BFA.

Zhou said China, Asia's largest economy, will experience more positive factors in its economy, including a soft landing featuring the shift from high growth to medium-to-high growth.

"Big-ticket railway, airport and water conservation projects, easing of monetary policy, the shifting of real estate sales in certain regions in the second half of last year and the ongoing supply-side reform all helped the country put its economy on a firmer footing in 2015," said Justin Yifu Lin, a professor of economics at Peking University and former World Bank chief economist.

Supply-side reform, which represents a profound change in China's economic model, was underlined by the central government late last year. It includes a series of policies to improve public service, environmental protection, quality of production and further opening-up to the global economic system.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 18在线网站 | 在线观看国产一区 | 伊人色在线观看 | 日本一本黄| 久久91精品牛牛 | 一级片网址 | 日韩免费观看一级毛片看看 | 香港三级日本三级人妇三级四 | 国内成人精品视频 | 兔子先生节目在线观看免费 | 亚洲美女视频在线 | 精品欧美成人高清在线观看2021 | 欧美精品束缚一区二区三区 | 最新中文字幕乱码在线 | 久久久久免费 | 国产精品黄在线观看免费 | 欧美精品亚洲一区二区在线播放 | 亚洲综合无码一区二区 | 婷婷的久久五月综合先锋影音 | 亚洲天堂最新网址 | 亚洲精品一区二区三区四区 | 2021一本久道 | 欧美日韩一区二区三区在线观看 | 国产不卡一区二区三区免费视 | 亚洲高清免费在线观看 | 日本高清一本二本三本如色坊 | 99久久精品毛片免费播放 | 美女国产在线观看免费观看 | 久久久久久久久久久久久久久久久久 | 日本特黄特色 | yy毛片| 三级网址在线观看 | 国产成人精品视频 | 欧美日韩国产亚洲一区二区 | 亚洲大片免费 | 欧美一区视频在线 | 自拍视频啪 | 狠狠色丁香婷婷久久综合不卡 | 一区二区三区国产美女在线播放 | 一级做a免费视频观看网站 一级做a爰 | xxxwww欧美 |