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

Quality, sustainable growth the priority

By Lan Lan (China Daily) Updated: 2014-10-22 07:58

World Bank official warns against over-reliance on economic solutions

A growth rate of above 7 percent should be high enough for an economy the size of China, but what matters most is that the quality of growth is maintained, a leading World Bank official said on Tuesday.

Quality, sustainable growth the priority

Sri Mulyani Indrawati, managing director and chief operating officer of the World Bank

Reacting to China's gross domestic product growth slowing to 7.3 percent in the third quarter of the year from a year earlier, the World Bank's Managing Director Sri Mulyani Indrawati warned that over-reliance on the macro policy was "something that needs to be avoided, especially in the long run".

The quarterly GDP result, the lowest growth figure since the first quarter of 2009, has left some questioning whether or not the authorities should step in with major stimulus measures, such as possible interest rate cuts.

Speaking in Beijing ahead of the upcoming APEC Finance

But she underlined in the long term further measures might raise questions over growth sustainability and the ability to manage the future consequences of any expansion in stimulus policies.

"The shift in the growth model will definitely have a short-term impact on the Chinese economy as well as the global economic performance, which already remains disappointing," she said.

The former Indonesian finance minister said that maintaining growth of 7 percent to 7.5 percent is actually still high compared with most other major markets and will raise questions about what kind of growth it is and whether it is sustainable and improving in quality.

When talking about quality growth, that can be measured in various ways, she said. For example, will that growth further pollute the country's air and water, and will it be achieved with more efficient use of energy?

She suggested that China's social and economic policies should focus on areas such as land liberalization and capital reforms, for example.

She also said she fully understood the challenges facing the country as it adjusts its economic model from one heavily reliant on investment and exports to one more driven by productivity, innovation and consumption.

Chinese leaders have recently stated they have greater tolerance toward slower economic growth and that progress slightly lower than 7.5 percent is acceptable.

Quality, sustainable growth the priority

Quality, sustainable growth the priority

China's GDP in Q3 grows 7.3%  Indicators send confusing growth signals 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 扬中市| 聊城市| 简阳市| 安仁县| 同心县| 鲁山县| 亳州市| 茂名市| 马山县| 东平县| 巴彦县| 邯郸市| 东兰县| 泰来县| 通道| 迁安市| 宁晋县| 海盐县| 涿鹿县| 南木林县| 炉霍县| 康定县| 元谋县| 济宁市| 绥化市| 太康县| 黄冈市| 武城县| 娱乐| 牡丹江市| 曲松县| 永兴县| 长寿区| 潢川县| 桓仁| 正镶白旗| 信宜市| 林甸县| 调兵山市| 尼勒克县| 连平县|