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

CHINA> From Editor
China needs an economic stimulus plan
By Li Hong (chinadaily.com.cn)
Updated: 2008-10-21 12:40

With China's economy heading into an alarmingly precipitous slowdown in the July-September period, Beijing needs to consider immediately implementing an extensive stimulus plan to prevent the world's largest developing economy from grinding into the ground.

The grim fact that China's gross domestic product, a prime gauge of a country's economic performance, slipped to 9 percent for the year's third quarter from 10.6 percent in the first three months of 2008 and 10.1 percent in the second quarter, has appalled many. Officials and economists here had expected a rise of more than 9.5 percent.

Only through increased government spending, by building high-speed railways, expressways, tunnels, seaports and airports, urban subways and bridges, by erecting dams and solidifying river banks, investing in more affordable rural and urban homes and other infrastructure projects, can China prevent a lull in market demand for crude, steel, cement, timber, and all other commodities, and inspire expenditure in other fields, and enable the world's third largest economy to sizzle up again.

Economists hold the consensus that by ensuring an annual 9 percent GDP growth at the least, the country will have sufficient jobs for the needy, and maintain social tranquility or harmony.

With a fiscal surplus and a world record US$1.9 trillion in foreign exchange reserves, Beijing is also capable of drawing up a powerful stimulus plan, and stepping up spending to avoid a steeper slowdown, and do its share to lessen world doubt of growth.

Some advocate the Chinese central government should be more vigilant against the gradual negative impact that a worsening world financial crisis will bring. They caution that looming economic contractions in the United States, Japan, Britain and many other countries will inevitably drag down China's, as its coastal export-oriented labor intensive processing industry will wither. Westerners are now snapping shut their pockets and not buying.

The State Council, headed by Premier Wen Jiabao, held an emergency meeting on October 19 to probe measures to rejuvenate the anemic economy. It is widely believed the central bank will cut interest rates further to spur domestic consumption, do away with taxations on house purchases to re-ignite a sales boom, and give more tax breaks to exports of shoes, textiles and electrical applicants and machinery in order to throw a lifeline to those businesses mired in financial straits.

A rising chorus says the country could count on boosting domestic consumption to cushion the effect of plunging external demand. Many beat their drums, saying that China still has ample domestic demand to tap.

Not really. Although the better-off urban middle class is purchasing more, the country's 750 million or so rural inhabitants remain relatively in poverty, seriously restricting their spending. The government faces an uphill challenge to narrow the inequality of urban and rural wealth.

On the other hand, our culture has ingrained in our blood that we must always be thrifty, and save for the unknown, for the future, and for our children. Even though in the past 10 years, the government has done a lot to establish a welfare system to ensure our medical care and retirement nest eggs, many uncertainties, including the rising bills of our children's education, and the increasing costs of oil, food and future inflation worries, will keep us from spending freely, the way our American counterparts did before the financial crisis.

The benchmark yearly deposit rate of less than 4 percent, far lower than the inflation average of 7.0 percent for the first nine months this year, has failed to thwart banks' savings from mounting. This shows China still can't shake off its saving mentality. It would probably need another generation to change this, as the consumptive-prone "Only Children", born in 1980s and 1990s, have a greater say on family finances, who will take over from the "Baby Boomers" of the 1960s and 1970s, to which I belong.

The time of a generation, at 20-25 years, will prove to be the most important time window for China's modernization. If the government doesn't want - and it shouldn't - China's 30 years of annual 9.8 percent healthy economic expansion from 1978, hiccupped by a sudden slowdown, it is imperative to launch an economic stimulus plan and kick off fiscal spending.

How much? 500 billion to 800 billion yuan will be appropriate.

To contact the writer: lihong@chinadaily.com.cn

 

 

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

    欧美欧美欧美欧美| 2020国产精品自拍| 日韩制服丝袜av| 91麻豆精品91久久久久久清纯| 免费成人你懂的| 国产午夜精品一区二区三区视频| 高清shemale亚洲人妖| 亚洲欧美偷拍三级| 在线不卡免费av| 国产一区二区久久| 亚洲日本丝袜连裤袜办公室| 欧美精品久久99| 国产伦精品一区二区三区视频青涩| 国产精品久久久久精k8| 欧美亚洲综合色| 精品一区二区三区不卡| 国产精品理伦片| 欧美高清视频不卡网| 国产精华液一区二区三区| 亚洲天堂2016| 欧美一区二区三区不卡| 成人综合在线观看| 午夜欧美电影在线观看| 久久久精品天堂| 色婷婷综合久久久久中文| 久久国产精品免费| 亚洲欧美激情在线| 日韩精品一区二区三区四区视频 | 91精品一区二区三区在线观看| 韩国精品久久久| 亚洲精品视频在线看| 日韩欧美国产1| 色综合久久中文综合久久牛| 久久精品国产免费看久久精品| 中文字幕一区二区三区不卡| 欧美一区二区三区色| av不卡在线播放| 蜜桃av噜噜一区| 樱花草国产18久久久久| 精品日韩成人av| 欧美性高清videossexo| 国产成人免费9x9x人网站视频| 亚洲成年人影院| 欧美高清一级片在线观看| 欧美剧情电影在线观看完整版免费励志电影| 国精产品一区一区三区mba视频 | 午夜精品久久久久久不卡8050| 久久精品免视看| 这里只有精品99re| 91女厕偷拍女厕偷拍高清| 韩国三级中文字幕hd久久精品| 亚洲综合另类小说| 国产精品欧美一区喷水| 日韩欧美国产系列| 精品视频全国免费看| 成人免费电影视频| 九一久久久久久| 亚洲韩国精品一区| 成人免费在线视频| 久久精品视频免费观看| 日韩三级视频中文字幕| 欧美三级蜜桃2在线观看| 成人免费视频视频在线观看免费| 青青草97国产精品免费观看| 一区二区三区四区中文字幕| 国产精品免费人成网站| 精品国产一区二区三区久久久蜜月| 欧美亚洲自拍偷拍| 91同城在线观看| 成人性生交大片免费看在线播放| 美美哒免费高清在线观看视频一区二区| 艳妇臀荡乳欲伦亚洲一区| 国产精品久久99| 国产亚洲污的网站| 精品久久一二三区| 日韩一区二区在线看| 欧美日韩亚洲丝袜制服| 一本大道久久a久久精品综合| 国产成人aaa| 国产精品一区二区三区乱码| 久久99精品视频| 欧美aaaaa成人免费观看视频| 亚洲午夜精品久久久久久久久| 中文字幕一区二区三区蜜月| 国产精品人人做人人爽人人添| 国产午夜亚洲精品羞羞网站| 久久综合九色综合欧美98| 欧美一区二区成人| 在线不卡a资源高清| 在线播放国产精品二区一二区四区| 色悠悠久久综合| 91浏览器入口在线观看| 色综合久久99| 色综合 综合色| 色噜噜狠狠一区二区三区果冻| 色哟哟国产精品免费观看| 91蝌蚪porny九色| 一本在线高清不卡dvd| 色诱亚洲精品久久久久久| 色婷婷精品大在线视频| 色激情天天射综合网| 欧美在线三级电影| 欧美视频一区二区三区四区 | 日韩一区二区视频在线观看| 欧美一卡二卡在线| 欧美一区二区三区在线| 日韩欧美一级精品久久| 精品久久久久久久久久久院品网| 精品国产一区二区三区久久影院| 久久人人爽人人爽| 国产精品日产欧美久久久久| 亚洲男人的天堂av| 亚洲一区免费视频| 日韩精品免费专区| 精品一区二区三区av| 国产91精品免费| 91理论电影在线观看| 欧美无砖砖区免费| 在线播放中文字幕一区| 精品国产乱码久久久久久牛牛| 久久女同精品一区二区| 中文字幕中文字幕一区二区| 亚洲欧美日韩国产综合在线 | 激情综合色综合久久| 国产一区二区中文字幕| 成人午夜视频免费看| 色综合一区二区| 制服丝袜激情欧洲亚洲| 精品sm在线观看| 中文字幕制服丝袜一区二区三区| 一区二区三区欧美日韩| 日产国产欧美视频一区精品 | 成人网页在线观看| 色哟哟一区二区| 91精品国产黑色紧身裤美女| 久久影视一区二区| 亚洲少妇30p| 日韩精品亚洲一区| 高清在线观看日韩| 在线视频综合导航| 精品国产免费一区二区三区香蕉| 国产精品久久久久久久久久久免费看 | 国产精品婷婷午夜在线观看| 亚洲精选在线视频| 日本成人在线不卡视频| 国产精品亚洲第一区在线暖暖韩国 | 欧美一级艳片视频免费观看| 国产三级三级三级精品8ⅰ区| 亚洲老妇xxxxxx| 久久99精品视频| 色又黄又爽网站www久久| 日韩午夜在线观看视频| 国产精品麻豆99久久久久久| 香蕉成人伊视频在线观看| 国产精品18久久久久| 欧美主播一区二区三区美女| 精品国产乱码久久久久久夜甘婷婷| 日韩一区在线看| 精品在线观看免费| 91免费观看视频| 日韩三级视频在线观看| 国产精品久久久久久久久搜平片| 日精品一区二区三区| 成人不卡免费av| 欧美日韩综合在线免费观看| 久久精品亚洲国产奇米99| 亚洲第一综合色| 成+人+亚洲+综合天堂| 欧美日韩高清在线播放| 国产精品美女视频| 美女诱惑一区二区| 91福利资源站| 日本一区二区三区四区 | 99视频热这里只有精品免费| 91精品国产品国语在线不卡| 亚洲欧洲av一区二区三区久久| 青青草原综合久久大伊人精品 | 日日夜夜免费精品| 不卡在线观看av| 精品欧美乱码久久久久久| 亚洲三级小视频| 国产成人综合网| 51午夜精品国产| 综合色天天鬼久久鬼色| 国产精品影视在线观看| 6080亚洲精品一区二区| 综合久久给合久久狠狠狠97色| 国内精品视频666| 在线成人高清不卡| 亚洲精品国产无天堂网2021| 国产1区2区3区精品美女| 日韩无一区二区| 亚洲成a人片在线不卡一二三区| 91原创在线视频| 久久精品亚洲国产奇米99| 久久99久久久欧美国产| 欧美日韩电影在线播放| 亚洲女同一区二区| 成人精品国产福利| 久久久久成人黄色影片|