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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / China Development Forum

Nation is balancing reforms and risks, NDRC chief says

By Li Xiang | China Daily | Updated: 2017-03-20 07:57

Nation is balancing reforms and risks, NDRC chief says

Vice-Premier Zhang Gaoli delivers a speech on Saturday at the opening session of the three-day China Development Forum in Beijing. [Photo/China Daily]

Minister pledges prudent policy to curb property speculation

China will continue to deepen its supply-side structural reform to address economic imbalances while holding the bottom line to contain risks in the financial and property markets, the head of the top economic planner said on Sunday.

He Lifeng, minister of the National Development and Reform Commission, warned about the tendency of capital abandoning real economic activities and engaging in financial speculation, as well as excessive funds flowing into the property sector.

"The excessive capital has resulted in surging housing prices in some key cities and pushed up the costs for the real economy," he said in a speech at the China Development Forum in Beijing.

Policymakers will use prudent monetary policy, targeted industrial policy and better regulatory coordination to properly dispose of nonperforming assets and to ensure systemic financial risks are avoided, the minister said.

He also vowed to strictly control excessive credit from flowing into the property sector, saying that the government will make efforts to ensure the stable and healthy development of the market by using tailored policies and a long-term mechanism.

In addition, he said, China will continue to cut excess industrial capacity, dispose of loss-making "zombie" companies, and reduce corporate burden and leverage as part of the ongoing supply-side reform to address economic imbalances.

Kristalina Georgieva, chief executive of the World Bank, said at the forum that China's supply-side structural reform is an important and timely move.

"The reform is essential to accelerate growth and create jobs," she said. "It is timely because the effort to stimulate growth is becoming more pressing ... as stagnant global trade, low investment and heightened policy uncertainties made 2016 another difficult year."

She added that more than 30 percent of global growth last year came from China, which was a major achievement.

Jose Vinals, chairman of Standard Chartered, said it was wise for the Chinese authorities to lower their growth target for this year to around 6.5 percent, as it will create more leeway for the reform to focus on internal economic rebalancing.

"Accepting lower growth in the short term, but rebalancing the economy with a better policy mix such as less expansionary monetary policy and more expansionary fiscal policy, will lead China into a more sustainable growth prospect," he said.

"All of the reforms, including reining in corporate leverage, reforming State-owned enterprises and putting more weight on the new economy industries, will pay off in the future high growth."

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产原创视频在线 | 国产真真人女人特级毛片 | 美女张开大腿让男人捅 | 日本www高清 | 免费国产成人高清在线观看视频 | 三级大片在线观看 | 国产午夜伦伦伦午夜伦 | 国产日b视频 | 国产成人午夜精品影院游乐网 | 国产久草视频在线 | 国产一级一级片 | 久久tv免费国产高清 | 午夜主播福利视频在线观看 | 亚洲国产韩国一区二区 | 国产一级毛片午夜福 | 亚洲九九色 | 欧美日韩一区二区三区视频在线观看 | 在线观看久草 | 国产三级在线 | 香蕉久久久 | 欧美性色黄大片在线观看 | 欧美精品一区二区三区视频 | 亚洲欧美久久 | 天堂亚洲网 | 一级毛片国产 | 国产边打电话边做对白刺激 | 免费观看毛片视频 | 欧美一级免费在线观看 | 九九九热在线精品免费全部 | 国产精品反差婊在线观看 | 国产欧美日韩不卡一区二区三区 | 国产三级视频在线播放 | 亚洲综合第一区 | 久久国产精品二国产精品 | 97免费在线观看视频 | 怡红院日本一道日本久久 | 午夜精品久视频在线观看 | 一本久久综合 | 激情五月色播五月 | 欧美亚洲另类久久综合 | 亚洲精品m在线观看 |