久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's economy posts healthy recovery, solid macro fundamentals, says economist

Xinhua | Updated: 2022-03-25 14:35
Share
Share - WeChat
Workers operate equipment to deal with liquid aluminum at an aluminum factory in Baise city, South China's Guangxi Zhuang autonomous region, on Feb 18, 2022. [Photo/Xinhua]

NEW YORK -- China's economy started the year on a positive note, with the country capable of maintaining steady, healthy growth despite headwinds, a senior US economist has said.

"The headline manufacturing growth data, investment growth and especially high-tech investment growth rates look like they describe a healthy acceleration in 2022," said Albert Keidel, a development economist specializing in East Asia, told Xinhua in a recent interview, commenting on China's January-February economic readings recently released by its National Bureau of Statistics.

"China's macro fundamentals are very good" as "the investment rate in GDP is still very high," said Keidel, an adjunct professor of economics at George Washington University.

The Chinese economy sustained a steady recovery in the first two months, with major production and demand indicators reporting sound year-on-year growth, official data showed in mid-March.

In January and February, China's value-added industrial output and retail sales of consumer goods increased 7.5 and 6.7 percent year-on-year, 3.2 and 5 percentage points higher, respectively, than in December last year.

China's fixed-asset investment went up 12.2 percent year-on-year in the two months, while investment in high-tech rose by 34.4 percent with rapid investment growth in high-tech manufacturing and services.

The economist, previously a senior fellow at the Atlantic Council, a US think tank, said China's already strong investment levels across the board, combined with its continuous efforts to shore up demand, is "just a good strong formula" for growth.

Meanwhile, China's sustained policy orientation on urban growth and integration of the rural workforce further into urban formal labor supplies "is good for growth of the middle class and its contribution to consumption growth," he said.

Keidel, also a former senior economist at the World Bank's Beijing office, noted that the marked investment increase in high-tech manufacturing is "a real testament" to China's ability to quickly respond to international uncertainties to reduce risks in related sectors.

While virtually all sectors have potential, fields like new-energy automobiles, industrial robots and solar cells will become increasingly promising, especially as the country is committed to achieving high-quality and green development, he said.

"China's plans for stronger overall demand through fiscal expansion, including at the local level, will combine with the already high investment rate in GDP, to generate strong healthy GDP growth," said Keidel.

Noting that China's economy still faces multiple challenges, including the Omicron outbreak and geopolitical uncertainties, Keidel said he believes in the country's decisiveness and ability to turn on resources fiscally and financially to navigate economic headwinds.

China's response to the economic fallout from the COVID-19 pandemic "has been observed to be on target and in the proper amount," he said.

"China has been very clever in putting funds, particularly through its e-finance capabilities, which are so complex and really well-developed, to be able to put money into people's accounts so that they can spend it," he said, adding the move "was a really very creative solution, an alternative to a massive spending spree."

Keidel voiced his confidence in China's sustained economic recovery and future growth.

China's two-year average GDP growth 2019-2021 was 5.1 percent, and its overall output in 2021 was on a growth trajectory, laying a stable foundation for the country to achieve its growth target this year.

In addition, China's recent policy proposals ranging from fiscal stimulus to financial easing will facilitate a sound recovery, the economist said.

"That sort of multi-faceted approach means to me that if China can match its high rate of investment in GDP with expansion of demand, that growth is bound to be healthy," Keidel added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产激情一区二区三区在线观看 | 国产情侣无套精品视频 | 国产一区二区三区不卡免费观看 | 国产一级第一级毛片 | 露脸 在线 国产 眼镜 | 国产成人亚洲综合欧美一部 | 亚州精品视频 | 国产a级特黄的片子视频免费 | 免费观看的毛片手机视频 | 欧美日韩精品一区二区三区视频在线 | 亚洲精品成人网久久久久久 | 99国产精品视频免费观看 | 在线综合亚洲欧美自拍 | 国产精自产拍久久久久久 | 就草草在线观看视频 | 免费看成人频视在线视频 | 91社区视频| www中文字幕在线观看 | 鲁丝片一区二区三区免费 | 国产猛烈无遮掩视频免费网站男女 | 国产91久久精品一区二区 | 国产精品高清免费网站 | 国产精品一区在线免费观看 | 日本伊人精品一区二区三区 | 久久精品久久精品国产大片 | 亚洲美女影院 | 特黄特色三级在线观看 | 亚洲一区二区三区首页 | 69欧美另类xxxxx高清 | 欧美一级欧美三级在线 | 人妖欧美一区二区三区四区 | 男人女人做黄刺激性视频免费 | 日日撸夜夜操 | 成人一级免费视频 | 欧美一级特黄乱妇高清视频 | 欧日韩视频 | 国产欧美日韩精品a在线观看 | 亚洲精品视频观看 | 日韩毛片在线播放 | 成年人在线看片 | 中文字幕一区二区视频 |