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 / Economy

Market forces key to continued expansion

By Lan Lan (China Daily) Updated: 2014-10-30 06:53

Reforms rather than targets should be priority, says World Bank report

China's growth is expected to ease to slightly above 7 percent next year and the government should focus on reforms to rebalance the economy instead of trying to meet specific targets, the World Bank said on Wednesday.

The growth model in China is changing and its growth is increasingly becoming determined by market forces, said Karlis Smits, senior economist and lead author of the World Bank's China Economic Update released on Wednesday.

Market forces key to continued expansion

"Therefore conducting economic policies by setting a growth target would undermine the transition to the new growth model. If there is a target, it should be an indicative target, not a hard target," said Smits.

He said whether to set a target or not is a "political choice" of the government, but there are more important ones like wage growth and environmental targets that need to be prioritized.

Last week, Yu Bin, director of research at the Department of Macroeconomic Research, under the Development Research Center of the State Council, said there are different voices among the leading think tanks about next year's growth target.

"There are disputes among our team over this issue. Is it possible to shift the target to a range, for example, between 7 and 7.5 percent, or is it possible to abandon setting a target?" Yu said after a press conference on Friday, adding that China's growth could reach 7 percent next year.

Growth in China came in at 7.3 percent in the third quarter from a year earlier, the lowest since the global financial crisis. Some think China's economic slowdown will continue in the coming years but that's far from a hard landing.

China will face "an orderly slowdown over the medium term", said Smits.

The government has made progress in rebalancing the economy in terms of tackling credit growth and taking steps to tighten budget constraints for local governments and formalize the way of issuing debts, he said.

The key short-term policy challenge is to strengthen market discipline in the financial sector.

In the medium term, the challenge is to keep the reform momentum going, according to the report.

Financial industry reform is "not slowing but progressing more gradually" than other ambitious reform initiatives, said Smits.

"Our biggest concerns in term of risks are that if financial sector market forces are not strengthened, this will continue to weaken the financial sector and contribute to misallocation of capital," he said.

China has sufficient policy buffers, but against a backdrop of uncertain global economic environment, the buffers should be reserved to maintain overall macroeconomic stability in case of unexpected domestic or external economic shocks, he said.

The World Bank lowered China's growth forecast for 2014 to 7.4 percent largely due to weaker-than-expected domestic economic activity.

Policy efforts to tighten credit growth, reduce excess capacity, internalize the cost of industrial pollution, and harden budget constraints of local governments intensified in 2014, said Chorching Goh, the World Bank's lead economist for China.

Especially important will be policies that facilitate the movement of resources from sectors with excess capacity, notably measures to gradually remove State guarantees and allow inefficient firms, including State-owned enterprises, to fail, said the report.

"This will require a careful balancing between enhancing market discipline and avoiding disruptions to the labor market," it said.

Market forces key to continued expansion

Market forces key to continued expansion 

 Top 12 economic data of China in Sept  When less might actually mean more
 

 

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

    奇米一区二区三区| 丁香六月综合激情| 欧美大片在线观看一区二区| 国产自产视频一区二区三区| 日本一区二区视频在线| 99久久久久久| 亚洲一级电影视频| 欧美一区二区三区免费视频 | 成+人+亚洲+综合天堂| 亚洲欧美日韩中文播放 | 青草国产精品久久久久久| 欧美大片国产精品| 99在线精品观看| 丝袜脚交一区二区| 久久综合一区二区| 91丨国产丨九色丨pron| 午夜电影网一区| 国产婷婷色一区二区三区 | 欧美精品一区二区蜜臀亚洲| 成年人午夜久久久| 日韩精品午夜视频| 国产精品乱码人人做人人爱| 欧美亚洲国产一区在线观看网站| 久久爱www久久做| 亚洲欧洲综合另类| 欧美成人一区二区| 91网站最新地址| 免费观看成人鲁鲁鲁鲁鲁视频| 国产精品区一区二区三区| 在线免费亚洲电影| 国产自产视频一区二区三区| 一区二区三区高清不卡| 精品国产欧美一区二区| 色婷婷av一区二区三区软件| 狠狠久久亚洲欧美| 亚洲国产sm捆绑调教视频| 久久久久久99久久久精品网站| 91成人看片片| 成人小视频免费观看| 日本不卡中文字幕| 日韩一区在线免费观看| 日韩美一区二区三区| 色综合天天综合在线视频| 韩国女主播成人在线观看| 亚洲午夜久久久久久久久电影网| 久久久久久久久免费| 欧美日韩国产123区| 粉嫩aⅴ一区二区三区四区| 人禽交欧美网站| 一区二区三区加勒比av| 国产午夜精品理论片a级大结局| 精品视频免费在线| www.亚洲国产| 国产一区二区导航在线播放| 午夜久久久久久久久| 亚洲色图丝袜美腿| 久久久久久久久久久久久久久99 | 久久97超碰色| 亚洲午夜激情av| 成人免费在线播放视频| 久久精品欧美一区二区三区不卡 | 国产性色一区二区| 欧美一区二区三区色| 欧美综合久久久| www.日本不卡| 国产盗摄精品一区二区三区在线 | 成人午夜视频福利| 狠狠色狠狠色综合| 日韩成人一级大片| 亚洲一区二区三区视频在线 | 日韩欧美一级二级三级久久久| 欧美性欧美巨大黑白大战| jlzzjlzz欧美大全| 国产超碰在线一区| 国产一区二区伦理片| 久久国产精品色| 日韩综合小视频| 亚洲图片欧美一区| 亚洲一区二区精品3399| 亚洲美女偷拍久久| 136国产福利精品导航| 国产精品三级av在线播放| 久久精品在这里| 26uuu久久综合| 欧美精品一区二区三区久久久| 日韩精品一区二区三区在线| 91精品国产色综合久久不卡电影| 欧美日韩极品在线观看一区| 欧美专区在线观看一区| 在线观看三级视频欧美| 色94色欧美sute亚洲13| 欧美亚洲图片小说| 欧美性猛交一区二区三区精品| 欧美视频在线一区| 欧美日韩在线一区二区| 在线亚洲人成电影网站色www| 色婷婷激情综合| 色视频成人在线观看免| 色天天综合久久久久综合片| 91黄视频在线| 欧美色窝79yyyycom| 欧美日韩午夜影院| 69堂成人精品免费视频| 91精品国产日韩91久久久久久| 91麻豆精品国产91久久久更新时间 | 色噜噜狠狠色综合中国| 91日韩在线专区| 欧美在线不卡一区| 欧美三级日本三级少妇99| 欧美片在线播放| 欧美一区二区三区婷婷月色 | 国产欧美一区二区精品久导航| 国产欧美视频一区二区三区| 国产精品麻豆欧美日韩ww| 亚洲欧美综合网| 亚洲综合久久久| 午夜亚洲福利老司机| 免费成人在线播放| 国产精品888| a在线播放不卡| 91高清视频在线| 5月丁香婷婷综合| 精品国产区一区| 中文字幕高清不卡| 亚洲黄一区二区三区| 亚洲h精品动漫在线观看| 青青草伊人久久| 激情综合网av| 成人av午夜电影| 欧美三级日韩三级| 欧美大片免费久久精品三p| 欧美国产精品一区二区| 亚洲精品美国一| 日本欧美一区二区三区乱码| 国产剧情一区二区三区| 9i在线看片成人免费| 在线精品视频免费播放| 在线电影国产精品| 久久久91精品国产一区二区精品 | 精品少妇一区二区三区在线播放| 国产亚洲人成网站| 亚洲精品国产品国语在线app| 亚洲6080在线| 久久www免费人成看片高清| 成人av电影观看| 欧美福利视频导航| 国产欧美日韩卡一| 亚洲午夜久久久久久久久电影院| 精品一区二区三区香蕉蜜桃 | 亚洲一区日韩精品中文字幕| 蜜桃在线一区二区三区| 成人av电影在线观看| 欧美精品123区| 国产蜜臀av在线一区二区三区| 亚洲国产日韩在线一区模特| 国产综合色产在线精品| 91精品办公室少妇高潮对白| 精品久久久久久久人人人人传媒| 国产精品电影一区二区三区| 日本中文一区二区三区| av电影天堂一区二区在线观看| 欧美男同性恋视频网站| 久久精品网站免费观看| 丝袜亚洲另类欧美| av电影在线观看一区| 欧美精品久久一区| 国产精品私人影院| 美女视频网站黄色亚洲| 99re亚洲国产精品| 欧美v日韩v国产v| 亚洲一区在线免费观看| 国产成人免费av在线| 欧美丰满少妇xxxbbb| 国产精品麻豆一区二区| 麻豆91免费观看| 欧美三级电影在线观看| 欧美国产日韩一二三区| 蜜臀av亚洲一区中文字幕| 色综合天天综合网国产成人综合天 | 午夜国产精品一区| 99久久国产综合色|国产精品| 欧美疯狂性受xxxxx喷水图片| 综合色天天鬼久久鬼色| 国产精品自拍毛片| 5566中文字幕一区二区电影| 亚洲视频电影在线| 国产成人精品免费一区二区| 91麻豆精品国产91久久久资源速度 | 亚洲最色的网站| 豆国产96在线|亚洲| 日韩美女天天操| 五月婷婷综合网| 色哟哟国产精品| 国产精品久99| 国产一区二区福利视频| 欧美一区二区三区系列电影| 亚洲国产日韩综合久久精品| 91捆绑美女网站| 国产精品视频在线看| 精品无人区卡一卡二卡三乱码免费卡|