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

Chinese economy makes strides in right direction: experts

(Xinhua) Updated: 2015-12-19 10:10

BEIJING - Overseas experts say that the Chinese economy is making major strides in the right direction, as the country is undergoing an upgrade of its development pattern from an investment- and export-driven model to one driven by innovation and consumption.

Great changes

Over the past few decades, particularly since the adoption of the policy of reform and opening up in 1978, great changes have taken place in economic development in China, and the people's livelihood has significantly improved as a result, in sharp contrast to what used to be in the past.

For centuries, China continued to disappoint foreign businessmen, "not least because many ordinary people have been too poor to buy anything." But great changes have taken place in the Chinese economy over recent years, which is being driven by new engines such as e-commerce, said a report published on The Economist in September.

Official data showed that the scale of China's e-commerce financial market reached 6 billion yuan ($937 million) in 2013 and online trade exceeded 15 billion yuan ($2.34 billion) in 2014. With a growth rate estimated to reach 94 percent in the next three years, the whole e-commerce market is expected to exceed 100 billion yuan ($15.62 billion) in 2017.

New sectors of the Chinese economy have seen such rapid growth thanks to the optimization and upgrade of its structure.

In the eyes of Stephen Roach, senior fellow of Yale University's Jackson Institute of Global Affairs, China has two models of economy: the old one driven by fixed investment and exports, and the new one boosted by private consumption.

The old model, which fueled China's economy growth in the past three decades, is decelerating, while the new model is still in its incipient stage, he said at a seminar held in China Institute of Global Affairs in November.

Services activity grew 8.4 percent year on year in the first half of 2015, far outstripping the 6.1-percent growth in manufacturing and construction, according to an article written by Roach recently.

In 2014, the service sector contributed 48.2 percent to China's Gross Domestic Product (GDP), exceeding the combined 42.6 percent share of manufacturing and construction, according to the article.

The shift toward a services-based new model lifted the downside pressures in the manufacturing-based old model, he said.

Roach predicated that the service sector could account for 65 percent to 70 percent of China's economy in next 20 years.

"The key understanding of China is not the number of GDP, but the mix of economy," said Roach.

Market still attractive

In the eyes of some entrepreneurs, the Chinese market, despite the slowdown, is still attractive as it is being reinvigorated by the Chinese government's reform and the new model of the Chinese economy will generate great opportunities.

"China's economy is headed for a rough year or two, but the longer-term outlook for business remains positive. Our members are staying here and investing in China's future growth," another report of The Economist quoted Jorg Wuttke, president of the EU Chamber of Commerce in China, as saying.

John Rice, vice chairman of General Electric Co, agrees that the easy gains in China have been made, but reckons that "many firms haven't tried hard enough."

With a population of 1.4 billion, China packs such a punch that even niche markets like online dining and nail salons can amount to more than the entire car industry in a smaller country, the report cited Rice as saying.

Many of China's people are getting richer all the time, the report said.

McKingsey, a consultancy, estimates that by 2020 the proportion of urban households with annual incomes of 15,000-33,000 US dollars (a rough definition of the country's middle class) will be 59 percent, against only 8 percent in 2010, according to the report.

"Chinese consumers are fast becoming the world's most discriminating and knowledgeable. They are also quite brand licentious. The choice of top global brands there is much wider than in America, Europe or Japan. This has resulted in fierce competition, pushing firms to come up with ever more inventive offerings," the report said.

Clear-headed leadership

Roach, the US expert on China, said an economic rebalance highlighting services and consumption does not mean that Beijing has ignored traditional sources for growth.

The Chinese government has unveiled the "Made in China 2025" plan, the first 10-year action plan designed to transform China from a manufacturing giant into a world manufacturing power, and "Internet Plus" action plan that aims to integrate the Internet with traditional industries and fuel economic growth.

The move is in accordance with the innovation strategy highlighted by the Chinese leadership, which they think is the key to avoid falling into the middle income trap, a theorized economic development situation where a country which attains a certain income will get stuck at that level, Roach said.

McKinsey also said that China's manufacturing industry is not declining. Instead, it is benefiting from the investment on labor productivity, automation and regional network of supply, while the underdeveloped service industry will produce great opportunities.

Louis Kuijs of the Royal Bank of Scotland pointed out that China's income per person at market exchange rates in 2013 was only 13 percent of that of the United States, so there is plenty of scope for catch-up growth, particularly if the government adopts reforms that free up the private sector, according to the Economist report.

"China can look back on 2015 and be well satisfied with its economic performance," said Professor James Laurenceson, deputy director of Australia-China Relations Institute, University of Technology Sydney.

"I'm reassured that China's leaders appear clear-headed about what needs to be done. Reform and challenging vested interests is never easy in any country but on the basis of what we've seen this year, there is greater cause for optimism than pessimism," Laurenceson said.

Besides, Beijing's measures to encourage the development of renewable energy and green industry that helps reduce contamination, protect the environment and change China's current energy structure, have "broad prospects for development," Sun Qingyun, associate director of the US-China Clean Energy Research Center at West Virginia University, told Xinhua.

Both Chinese enterprises and households have potential in reducing energy consumption. Upgrading some energy-consuming and outdated equipment and improving energy efficiency will create new opportunities for investment and become a new approach for driving economic growth, Sun said.

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

    中国女人做爰视频| 国产三级生活片| 九九久久久久久| 国产原创popny丨九色| 天天操精品视频| 久久久久久久久久久久久国产精品| 激情成人在线观看| 成年人在线观看视频免费| 国产成人一区二区三区别| 狠狠操狠狠干视频| 欧美极品欧美精品欧美图片| 欧美黄色免费网址| 一级黄色片国产| 午夜激情在线观看视频| 国产在线播放观看| 99久久99久久精品| av噜噜在线观看| 国产主播中文字幕| 丝袜老师办公室里做好紧好爽| 天天干天天色天天爽| 在线观看岛国av| 国产裸体舞一区二区三区| 国产3p露脸普通话对白| 日本久久高清视频| 婷婷激情综合五月天| 最近中文字幕一区二区| 国产av无码专区亚洲精品| 少妇人妻在线视频| 日韩小视频网站| 国产a级黄色大片| 五月天色婷婷综合| 福利视频999| 狠狠躁狠狠躁视频专区| 亚洲色精品三区二区一区| 毛片在线视频播放| 欧美精品自拍视频| 欧美精品一区二区三区三州| 欧美一级爱爱视频| 五月天激情图片| 强开小嫩苞一区二区三区网站| 国产欧美一区二| 一二三级黄色片| 中文字幕1234区| 久久精品一卡二卡| 中文字幕一区二区在线观看视频 | youjizz.com亚洲| 国产精品探花在线播放| 8x8x成人免费视频| 五月天开心婷婷| 久久精品视频在线观看免费| 波多野结衣免费观看| 亚洲女人在线观看| 欧美日韩视频免费在线观看| 国产精品jizz在线观看老狼| 中文字幕第一页亚洲| 男人j进女人j| 久久成人福利视频| 北条麻妃在线视频观看| 精品99在线视频| 成人午夜激情av| 中文字幕第88页| 九九九九九九九九| 国产精品一二三在线观看| 国产日本在线播放| 黄色片一级视频| 高潮一区二区三区| 亚洲成人动漫在线| 青青草视频在线免费播放| 久久久精品在线视频| 香港日本韩国三级网站| 色婷婷综合在线观看| 女人被男人躁得好爽免费视频| 99在线免费视频观看| 国产av无码专区亚洲精品| 亚洲成人福利在线观看| 999热精品视频| 97在线国产视频| 欧美国产日韩在线播放| 一级黄色大片儿| 日韩中字在线观看| 手机在线看福利| 日本黄网站色大片免费观看| 女人天堂av手机在线| 色91精品久久久久久久久| 国产在线无码精品| 不卡影院一区二区| 国产在线视频三区| 少妇性饥渴无码a区免费| av中文字幕网址| 男女啪啪免费视频网站| 日本 片 成人 在线| www.国产二区| 国产黄色特级片| 警花观音坐莲激情销魂小说| 久久久999免费视频| 国产又粗又长又爽又黄的视频| 欧美日韩不卡在线视频| 午夜精品久久久久久久99热影院| 大西瓜av在线| 成人不卡免费视频| 男人天堂网视频| 最新中文字幕久久| 黄色国产小视频| 激情五月六月婷婷| 日韩爱爱小视频| www.射射射| 超碰在线超碰在线| 手机看片福利日韩| 极品粉嫩国产18尤物| 黄色片免费网址| 日韩一级免费在线观看| 久久福利一区二区| 午夜大片在线观看| www.日日操| 3d动漫一区二区三区| 手机在线观看日韩av| 女人另类性混交zo| 波多野结衣综合网| 97超碰人人爱| 天堂av8在线| 能在线观看的av网站| 国产日韩欧美精品在线观看| 久久出品必属精品| 久热精品在线观看视频| 激情六月丁香婷婷| 国产主播自拍av| 日本精品福利视频| 成人高清在线观看视频| 少妇一级淫免费播放| 免费裸体美女网站| 国产原创中文在线观看| 亚洲爆乳无码精品aaa片蜜桃| 超碰人人草人人| 免费看污污网站| 久久综合久久色| 免费无遮挡无码永久视频| 国产欧美久久久久| 国产免费一区二区三区四在线播放| 婷婷激情四射五月天| 又色又爽又高潮免费视频国产| www..com日韩| 日本午夜激情视频| 久草视频这里只有精品| 在线观看17c| 成人国产在线看| 日本免费黄色小视频| 日本丰满大乳奶| 国产精品h视频| 2021狠狠干| 男人的天堂视频在线| 国产香蕉一区二区三区| 91成人在线视频观看| 好吊色这里只有精品| 男女h黄动漫啪啪无遮挡软件| 色婷婷一区二区三区在线观看| 中文字幕亚洲影院| 国产福利片一区二区| av电影一区二区三区| 日本天堂免费a| 日韩精品一区二区免费| 国产午夜福利100集发布| 免费看日本毛片| 欧美日韩一区二区在线免费观看| 国产l精品国产亚洲区久久| 999香蕉视频| 天天干天天草天天| 婷婷激情小说网| 成年人视频大全| 欧美精品久久久久久久久久久| 国产无限制自拍| aa免费在线观看| 在线观看亚洲色图| 天天综合成人网| 免费的av在线| 国产女大学生av| 在线观看av网页| 秋霞在线一区二区| 久久国产精品网| 欧美一级黄色影院| 不卡中文字幕在线观看| 国产911在线观看| 三上悠亚久久精品| 免费在线观看的毛片| 日韩在线不卡一区| 成人小视频在线观看免费| 国产午夜大地久久| 亚洲少妇久久久| 免费成人进口网站| 国产网站免费在线观看| 中文字幕国产免费| 欧美精品在欧美一区二区| 欧美 日韩 国产一区| 999在线精品视频| 国产日韩av网站| 国产三级三级看三级| 精品人妻大屁股白浆无码| 国产在线青青草| 日本一二三区在线| 欧美日韩在线一| 在线播放黄色av|