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

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: 在线免费精品视频 | 国产精品免费看久久久 | 成人精品亚洲人成在线 | 国产欧美日韩综合精品无毒 | 国产精选在线视频 | 国产免费自拍视频 | 久久久久久免费视频 | 又刺激又黄的一级毛片 | 萌白酱在线喷水福利视频 | 欧美极品在线视频 | 中文字幕免费观看 | 日本手机在线视频 | 成人永久免费视频网站在线观看 | 成人免费午夜性视频 | 国产乱码精品一区二区三区卡 | 99在线热播精品免费 | 女人张开腿等男人桶免费视频 | 欧美一级视频在线观看 | 欧美一级高清片在线 | 日韩精品一级毛片 | 国产一区二区三区久久小说 | 一级做a爰片久久毛片16 | 久久96国产精品久久久 | 日本三本道 | 99国产精品视频久久久久 | 青青影院一区二区免费视频 | 欧美怡红院在线观看 | 99热久久国产精品免费看 | 亚洲三级网址 | 成人中文在线 | 俄罗斯aa毛片一级 | 久久综合一区二区三区 | 日韩人成| 国产精品久久久久三级 | 午夜三级在线 | 99国内精品久久久久久久 | 久久久久久国产精品三级 | 国产一区亚洲二区 | 日韩久久综合 | 欧美 日韩 国产 成人 在线观看 | 欧美h版成版在线观看 |