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

US EUROPE AFRICA ASIA 中文
Business / Economy

Chinese infrastructure investment conducive for global recovery

(Xinhua) Updated: 2012-09-08 16:49

BEIJING -- China's top economic planning agency earlier this week approved 25 urban rail projects that could be worth more than 800 billion yuan ($126.98 billion), along with other projects for roads, sewage treatment centers, waterways and ports.

The move is expected to stimulate China's slowing economy and boost the world's economic recovery.

The construction is part of the government's efforts to stabilize economic growth at a time when domestic demand remains weak and exports are suffering.

China's economy grew by 7.6 percent year on year in the second quarter, its slowest pace in three years, according to official data.

Analysts say the package will benefit the cement, iron, steel, construction, communications and equipment manufacturing sectors, as well as other basic industries.

But more importantly, the package will serve as an important step in reviving the global economy, which has been dragged into a recession by the international financial crisis.

The International Monetary Fund estimated that the world's economy will grow by only 3.5 percent this year, less than the 5.3- and 3.9-percent growth seen in 2010 and 2011, respectively.

China has become a global powerhouse after decades of development, with its massive economic growth benefiting developed and undeveloped countries alike.

China's demand for goods, services and technology has kept the factories of other countries humming, despite slower exports to the United States and Europe following the 2008 financial crisis.

Therefore, the economic situation in China has great global significance. A slowdown in China's economy is perceived as a great risk, especially for the Asia-Pacific region.

Saving China's economy will maintain the country's status as the "world's factory," allowing it to continue to provide the world with an abundance of cheap, high-quality products, as well as help the world recover from the global financial crisis.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 锡林浩特市| 佳木斯市| 维西| 涪陵区| 成武县| 巨鹿县| 商丘市| 万州区| 黎川县| 乌鲁木齐县| 舟山市| 邓州市| 怀宁县| 理塘县| 剑川县| 新民市| 冷水江市| 南岸区| 恩施市| 博野县| 汶川县| 宁陕县| 临澧县| 通江县| 宣化县| 井冈山市| 隆林| 正蓝旗| 巩留县| 论坛| 成武县| 加查县| 灵台县| 张家口市| 闸北区| 从江县| 罗平县| 镇原县| 武乡县| 伊金霍洛旗| 三都|