男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Make me your Homepage
left corner left corner
China Daily Website

Steady financial reforms expected at key meeting

Updated: 2013-11-06 10:16
( cctv.com)

A key part of the meeting will be plans for financial reforms. While optimism from investors has pushed up related stocks to feverish highs, CCTV reporter Cheng Lei show us why the hype shouldn't be part of those expectations.

For those expecting big surprises from the financial reform plans, they might be let down. Huang Yiping, professor at Peking University's China Center for Economic Research, which is tasked with research to back up the reform plans, says by their very nature, the plans won't be radical.

"Even if initially aggressive, it's reassessed by so many, viewpoint, reflected, final, well rounded document." said Huang Yiping, Professor, China Center for Economic Research.

Of the tough nuts left to crack, its interest rates that may move first.

"Savings rates, interest rate within 12 month..." said Jerry Lou, Chief Strategy Officer, Morgan Stanley Huaxin Securities.

In contrast, opening up on the capital account, which means Chinese people would be able to invest overseas freely, may need to come later.

"Hardest, most dangerous, capital account, exchange rate reform, harder, to get there you need financial institutions to be more competitive." said Chen Long, Professor, Cheung Kong Graduate School of Business.

But reform is already in the air and the entrepreneurs, who are among Chen's students at the business school, are feeling it.

"Can feel the change of tone, in the first half, pessimistic, now changed, reforms including FTZ, the seed has been planted, but it may take much longer to see the fruit." said Chen Long, Professor, Cheung Kong Graduate School of Business.

"Here on

"Chinese government is a big administration, when they make big reform steps, may not have calculated every step carefully, especially the other administration's steps, so these bumps happen from time to time." said Jerry Lou, Chief Strategy Officer, Morgan Stanley Huaxin Securities.

What Jerry is most upbeat about is the de-risking that's going on in the financial system and believes it will eventually translate into higher stocks.

"The market will gradually adapt to de-leveraging and de-risking, this will give us the path to sustainability, at one point -- maybe 2014, 2015, we'll have very strong bull market." said Jerry Lou, Chief Strategy Officer, Morgan Stanley Huaxin Securities.

The financial reforms package from the Third Plenum meetings may not shock and awe -- but those who are bullish on China's reforms -- recognize they're not an end in itself -- but a thirty five year process that's going to go much further in the next decade.

Steady financial reforms expected at key meeting
 
8.03K
 
...
主站蜘蛛池模板: 平昌县| 宣城市| 禄劝| 高唐县| 云和县| 榆林市| 南投县| 开阳县| 治多县| 济宁市| 安平县| 德州市| 万安县| 清丰县| 济阳县| 安阳县| 巴塘县| 白水县| 宜良县| 泸溪县| 玉山县| 海伦市| 滦南县| 石嘴山市| 延长县| 扶沟县| 休宁县| 呼和浩特市| 濉溪县| 河曲县| 南靖县| 龙江县| 萨嘎县| 丹江口市| 灌阳县| 宜兴市| 浦县| 鄂托克前旗| 闽侯县| 元阳县| 宣城市|