久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / View

A tick for graft fight, but much more is needed

By ED Zhang (China Daily) Updated: 2014-10-13 14:26

Economists are already making forecast before the government issues data on Oct 21 of economic growth in the third quarter.

Wang Jun, a government thinktank economist, says average GDP growth from January to September will be 7.3-7.4 percent year-on-year. Though that would be lower than the annual target of 7.5 percent, it would be acceptable to China's leaders. And if the leaders insisted on the annual target, it would not be too hard to gain some more growth in the last quarter, given that since last month most mainland banks have relaxed loan terms to home buyers.

So for the full year China would not be seen as having failed to deliver its promised economic growth. Due reactions can be expected from the capital markets in Shanghai and Hong Kong.

A needed strong political argument can be derived from proven data to dissipate suspicions that the one year-long anti-corruption campaign, by having removed hundreds of greedy officials from their powerful positions, has deprived the nation's economic machine of its necessary grease. Which means Beijing has sufficient grounds to continue the anti-corruption campaign into a second year.

That would be the upside of the year. The downside is obvious: While the anti-corruption campaign has not hurt the economy, most of the reform that leaders pledged at the Third Plenum last November has yet to yield results. China is still waiting to harvest the promised "dividend of reform".

A loosening of housing market rules is enough to betray a lack of ideas, and therefore a lack of new things to do, in most regions and most industries. This is a very important lesson for China.

Admittedly, small companies have been springing up like mushrooms since the central government streamlined rules on business registration. If local officials do not understand, and do not want to understand, how to provide the expected services to the new companies, many of them may soon become mushroom organizations.

The challenge to the economy's overall transition remains that innovative and entrepreneurial activities have not become a main driving force. Right now, it is the real estate industry that sits in the driver's seat. And let's not forget that this is an industry that has built perhaps the world's largest number of ghost towns in a country that has passed the peak of its population growth.

Given the financial resources that have been tied to land development and housing, the risks related to housing can only seem more threatening in 2015.

Where can Chinese investors feel secure with their money? They cannot invest in the strategic industries under the domination of State-owned financial and industrial monopolies. They cannot expect immediate good returns from small online ventures. They cannot keep buying gold even as the gold price continues to fall. They cannot buy a villa in one of the ghost towns yet to be connected with proper roads, power, water and other utilities. It seems they can only invest their money in the easy targets overseas. But going overseas also involves a huge risk, if not cost.

On one hand there is immense pent-up energy, and on the other, deeply entrenched resistance to change. This is a problem China is going to have to tackle over the coming year. In fact, it will be a lasting problem until the country finds its solution to the middle-income trap.

Reform has promised to open up new channels to release society's pent-up energy. And such channels are not difficult-to-imagine ones where the demand of 1.3 billion people is barely met, such as healthcare and related services. But China still does not seem to have assembled the policy tools, as it has for delivering GDP growth rate, capable of demolishing the walls that are blocking those channels.

The author is editor-at-large of China Daily. Contact the writer at edzhang@chinadaily.com.cn

 

Hot Topics

Editor's Picks
...
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美一区日本一区韩国一区| 国产欧美日韩视频一区二区| 日韩va欧美va亚洲va久久| 欧美一区二区国产| 国产一区二区电影| 日韩码欧中文字| 欧美日韩国产综合久久| 久久精品国产久精国产| 国产欧美日本一区二区三区| 日本精品免费观看高清观看| 日韩一区精品视频| 久久精品一级爱片| 91麻豆蜜桃一区二区三区| 午夜不卡在线视频| 久久久久久电影| 色综合视频一区二区三区高清| 亚洲国产一区二区三区| 欧美变态tickling挠脚心| 懂色av一区二区在线播放| 亚洲国产综合人成综合网站| 日韩精品最新网址| 成人a级免费电影| 香蕉加勒比综合久久| 欧美本精品男人aⅴ天堂| 972aa.com艺术欧美| 日韩国产成人精品| 国产精品久久久一本精品| 欧美日韩三级一区| 国内一区二区在线| 尤物在线观看一区| 久久欧美中文字幕| 在线亚洲一区观看| 国产麻豆视频精品| 亚洲自拍偷拍网站| 久久久国产午夜精品| 欧美性生活久久| 国产精品综合在线视频| 亚洲国产视频网站| 欧美极品美女视频| 91精品欧美福利在线观看| 99精品一区二区三区| 久久www免费人成看片高清| 亚洲色图自拍偷拍美腿丝袜制服诱惑麻豆| 69堂国产成人免费视频| 成人av中文字幕| 老司机精品视频导航| 玉足女爽爽91| 中文字幕精品一区| 日韩一区二区在线观看视频| 91免费国产在线| 国产一区二区毛片| 五月天亚洲婷婷| 亚洲日本在线视频观看| 2014亚洲片线观看视频免费| 欧美日韩国产另类不卡| av一区二区三区在线| 精品一区二区久久久| 亚洲va国产天堂va久久en| 国产精品久久毛片av大全日韩| 欧美mv和日韩mv的网站| 欧美日韩亚洲综合在线 | 日韩一区二区视频| 色8久久人人97超碰香蕉987| 丁香桃色午夜亚洲一区二区三区 | 午夜国产精品影院在线观看| 国产精品久久久久久户外露出| 精品人伦一区二区色婷婷| 欧美日韩国产美女| 在线观看免费亚洲| 91丝袜美腿高跟国产极品老师| 国产成人精品www牛牛影视| 乱一区二区av| 日日夜夜精品视频免费| 亚洲国产欧美在线| 综合在线观看色| 国产精品视频yy9299一区| 久久久一区二区三区捆绑**| 日韩欧美资源站| 欧美一区二区三区在线电影 | 91精品在线一区二区| 在线一区二区三区做爰视频网站| 成人白浆超碰人人人人| 丁香六月综合激情| 国产经典欧美精品| 国产精品一区二区黑丝| 国内外成人在线视频| 久久电影网电视剧免费观看| 蜜臀av一区二区三区| 性做久久久久久| 午夜不卡av免费| 午夜久久久久久电影| 亚洲福利视频三区| 亚洲va中文字幕| 亚洲成av人片在www色猫咪| 亚洲无线码一区二区三区| 亚洲伊人色欲综合网| 亚洲国产另类精品专区| 亚洲一区二区黄色| 亚洲国产精品一区二区www | 免费在线看成人av| 日本不卡123| 久久99精品久久久久久国产越南 | 成人一区二区三区视频在线观看| 国产精品一卡二卡| 国产成人精品一区二| 不卡欧美aaaaa| 91视频在线看| 91激情五月电影| 欧美丝袜丝nylons| 在线播放亚洲一区| 欧美大片日本大片免费观看| 精品区一区二区| 国产亚洲欧美激情| 国产精品初高中害羞小美女文| 日韩美女久久久| 亚洲午夜一区二区三区| 日韩综合在线视频| 激情伊人五月天久久综合| 国产成人啪免费观看软件| a4yy欧美一区二区三区| 91国内精品野花午夜精品| 精品视频全国免费看| 欧美一区二区三区思思人| 精品国产乱码久久久久久免费| 久久久久久亚洲综合| 国产精品乱码一区二三区小蝌蚪| 亚洲视频香蕉人妖| 婷婷六月综合网| 国产美女一区二区| 91麻豆国产精品久久| 884aa四虎影成人精品一区| 精品国产露脸精彩对白| 国产精品免费网站在线观看| 亚洲卡通动漫在线| 秋霞成人午夜伦在线观看| 韩日欧美一区二区三区| www.性欧美| 欧美日韩一区二区三区在线| 日韩欧美一二三区| 国产精品成人午夜| 日韩有码一区二区三区| 国产精品一区二区久久不卡| 色老头久久综合| 日韩欧美国产一区在线观看| 中文字幕第一区综合| 亚洲已满18点击进入久久| 精品一区二区免费在线观看| 色综合久久天天综合网| 日韩一区二区在线看| 国产精品麻豆欧美日韩ww| 日韩国产精品大片| 成人午夜免费电影| 欧美日韩一区二区不卡| 国产欧美视频一区二区| 亚洲图片欧美视频| 国产精品亚洲午夜一区二区三区| 91久久一区二区| 精品国产伦一区二区三区免费| 亚洲乱码中文字幕| 精品制服美女丁香| 色乱码一区二区三区88| 久久一日本道色综合| 亚洲一区视频在线| 国产成人午夜视频| 欧美日韩国产欧美日美国产精品| 国产欧美精品国产国产专区| 午夜精品久久久| 成人av片在线观看| 欧美成人aa大片| 亚洲成人av一区二区三区| 国产a视频精品免费观看| 欧美精品视频www在线观看| 国产精品乱码久久久久久| 蜜桃91丨九色丨蝌蚪91桃色| 色狠狠一区二区| 日本一区二区不卡视频| 免费在线视频一区| 日本久久一区二区三区| 日本一区二区三区在线观看| 奇米精品一区二区三区在线观看一| 91免费国产视频网站| 国产欧美日韩在线视频| 美国十次综合导航| 欧美少妇一区二区| 中文字幕一区二区三区精华液 | 色域天天综合网| 久久久精品国产免费观看同学| 日韩国产欧美在线观看| 色婷婷激情一区二区三区| 国产日韩欧美一区二区三区乱码| 日韩不卡免费视频| 欧洲一区二区三区免费视频| 国产精品成人网| 国产成人精品1024| www激情久久| 麻豆精品新av中文字幕| 欧美美女直播网站| 亚洲黄色录像片| 91免费看片在线观看| 国产精品久久网站|