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 / Opinion

GDP target tallies with China's reality

By Xin Zhiming (chinadaily.com.cn) Updated: 2014-03-05 15:35

China has set its GDP growth target at 7.5 percent for 2014, which testifies to a more mature mentality toward how to properly manage the world's second-largest economy.

The target remains unchanged from that for 2013 and is slightly lower than the real year-on-year growth of 7.7 percent in 2013.

While it reflects the caution of the Chinese policymakers in maintaining a stable growth amid domestic and international economic uncertainties, such a seemingly low target also shows their clear consciousness as to how to well balance growth, employment and inflation after the Chinese economy galloped at a fast pace for about thirty years.

GDP target tallies with China's reality

GDP target tallies with China's reality

At its peak, the Chinese economy expanded at more than 10 percent annually. But problems have ensued, such as environmental degradation and excessive consumption of energy and resources.

The top priority, therefore, is economic restructuring and reform, which will make growth of the Chinese economy more sustainable.

As Premier Li Keqiang has said, in the latest cycle of economic downturn, China has avoided making short-term, large-scale monetary stimulus to achieve a good-looking growth figure. Instead, it has sought to increase effective supply and unleash potential domestic demand to keep the economy within a reasonable growth band.

Analysts estimate that 7-8 percent could be a comfortable zone for the Chinese economy. Higher growth could lead to the problem of insustainability while a lower rate would put employment rate at stake.

Despite the many challenges in 2013, such as the money crunch in June and the international turbulences caused by the US tapering of its quantitative easing program, China has successfully kept its economy on orbit while managing to stabilize employment and reduce inflation to a relatively low level.

Such an art of balance, which is an integral part of the so-called Likonomics, is well reflected in the reasonable growth target for this year that Premier Li announced as he delivered his government work report at the opening of the annual session of the National People's Congress, China's top legislature, on Wednesday.

Reaching that target would not only add to China's economic vitality and stability, but also prove a boon to the crisis-laden world economy.

The US and European economies are showing initial signs of recovering, but the momentum remains weak and the road remains bumpy. China's success in accomplishing its growth target, therefore, is crucial in maintaining stable global growth and helps prevent new crises from happening.

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲综合日韩精品欧美综合区 | 国产精品成人免费观看 | 美国毛片一级视频在线aa | 日本韩国三级在线观看 | 手机看片日韩日韩 | 亚洲伊人色综合网站小说 | 国产a级三级三级三级 | 成人黄页网站 | 欧美特黄一级视频 | 久久国产美女免费观看精品 | 欧美亚洲第一区 | 亚洲男人网| 精品久久一区二区 | 成年人在线观看网站 | 欧美一级专区免费大片 | 欧美精品高清 | 美女和男人免费网站视频 | 国产精品久久久久久吹潮 | 亚洲久久在线观看 | 成年免费大片黄在线观看一 | 国内9l视频自拍 | 亚洲欧洲一级 | 91香蕉成人免费高清网站 | 不卡一级aaa全黄毛片 | 国产精选在线 | 成人做爰视频www | 成年女人免费又黄又爽视频 | 亚洲天堂视频在线免费观看 | 99精品国产在现线免费 | 日本阿v视频在线观看高清 日本波多野结衣视频 | 国产原创视频在线 | 日本免费一区尤物 | 国产欧美精品一区二区三区四区 | 国产做国产爱免费视频 | 国产91啦 | 国产a级特黄的片子视频 | 欧美13一14周岁a在线播放 | 欧美日韩精彩视频 | 精品欧美一区二区精品久久 | 国产男女视频 | 久久久国产精品免费 |