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

Make me your Homepage
left corner left corner
China Daily Website

Investors eye reform effects

Updated: 2013-11-20 06:42
( China Daily)

The strong rally of stock markets is more than a warm welcome to the promise of sweeping reforms Chinese leaders have announced.

The Shanghai Composite Index jumped by 2.87 percent to 2,197 points on Monday, amid rising optimism that the top leadership's reform pledges will bring about investment opportunities and sound returns for many listed companies. This optimism was echoed by other stock markets in Asia.

 Investors eye reform effects
?File photo by Xinhua.

The Shanghai rally also represents an urgent call by Chinese investors for a better functioning and rewarding stock market.

This benchmark index dropped by 1.83 percent last Wednesday when investors were generally puzzled by the lack of reform details in the newly released communique from the Third Plenum of the 18th Central Committee of the Communist Party of China.

Now, a 60-point resolution from that all-important meeting has excited the domestic stock markets.

Chinese investors do deserve a better-performing stock market. Five years after the global financial crisis, US stocks keep hitting record highs, largely because the Fed indicates it is in no hurry to rein in its super loose monetary policy.

Meanwhile, China's five years of the fastest growth among all major economies around the world have only lifted the Shanghai composite index by some 500 points from the bottom of 1,665 points to the current level which is about one-third of the previous peak.

As a result, most Chinese investors have not been able to share the fruits of China's growth story via the stock market. And the stock market has failed to assume its role in optimizing the allocation of resources.

With Chinese leaders vowing to make the most sweeping changes to the economy in decades, it is reasonable for investors to cast their vote of confidence.

If the market is to play a decisive role in allocating resources as the leaders have projected, China's stock market must serve as a more effective mechanism for channeling funds to the most competitive companies that can bring about maximum profits for shareholders.

Given the regulatory challenges in the stock market and difficulties facing the country as it strives for economic transformation, no one should expect too many quick returns from investing in Chinese stocks.

Yet Chinese leaders' determination to comprehensively deepen reforms has made the trend clear. And Chinese investors simply cannot wait for these reforms to gain more urgency.

(China Daily 11/20/2013 page8)

8.03K
...
主站蜘蛛池模板: 日韩国产欧美在线观看一区二区 | 日本久久免费 | 玖草在线观看 | 九九视频高清视频免费观看 | 91成人免费视频 | 亚洲美女视频在线 | 亚洲免费高清视频 | 夜夜躁狠狠躁日日躁2021 | 日韩中文字幕在线视频 | 96精品免费视频大全 | 国产欧美一区二区三区在线 | 精品视频 久久久 | 中文字幕一区二区三区亚洲精品 | 玖玖精品视频在线观看 | 免费欧洲毛片a级视频 | 欧美日韩国产片 | 国产三级视频网站 | 一级一级毛片免费播放 | 亚洲成a人片在线观看中文!!! | a级毛片视频免费观看 | 欧美jizzhd极品欧美 | 国产孕妇做受视频在线观看 | 亚洲男人的天堂在线 | 国产成人免费在线 | 成人午夜兔费观看网站 | 久草在线资源视频 | 九九亚洲精品自拍 | 日韩1级片| 老师张开腿让我爽了一夜视频 | 色资源二区在线视频 | a久久99精品久久久久久不 | 精品国产成人a在线观看 | 美女一级毛片毛片在线播放 | 美女张开大腿让男人捅 | 亚洲欧美日韩视频一区 | 国产成人精品实拍在线 | 高清视频 一区二区三区四区 | 国产另类视频 | 亚洲国产精品激情在线观看 | 香蕉成人国产精品免费看网站 | a毛片免费观看 |