www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> Center
Chinese economy provides 'slow cooking' for thought
By Diao Ying (China Daily)
Updated: 2008-09-29 09:08

The $700 billion rescue plan initiated by US Treasury Secretary Henry Paulson can be thought of as "fast food" compared with China's long-standing cautious regulatory policy being "slow cooking", Liu Mingkang, chairman of the China Banking Regulatory Commission, has said.

Speaking to business leaders at the 2008 Summer Davos meeting in Tianjin on Saturday, Liu said the current financial crisis that has pushed major Wall Street players into bankruptcy meant that leaders from the business world also called upon all countries to help improve matters. "No one is an island," Liu said. "What we need is international cooperation."

Liu said China's stable economic development is all the more important given the global financial turmoil.

He estimated that the Chinese economy will increase at 9 to 9.5 percent, lower than last year's 11.9 percent growth but still at a relatively fast speed given the global financial crisis and recession.

"In general, China's economy is fine, because we have a big room to maneuver," Liu said, adding the growth rate, though slightly lower than before, is good because China does not need speed, but quality.

There are various reasons for China's sustained growth, Liu said. With a population of 1.3 billion, the domestic consumption is increasing, which will make up for export slowdown caused by slackening demand in developed markets.

China's rapid economic development has long been driven by huge exports and investment, but now the government aims to encourage the Chinese to consume more. Furthermore, the country is experiencing large-scale urbanization and industrialization, creating huge demand for infrastructure and construction.

Liu said China would work together with financial regulatory agencies worldwide and is ready to absorb the laid off financial talent from Wall Street. His suggestion was echoed by major bankers at the forum.

"We need to stress that the US financial market is not just the US market itself, it is the world financial market," said Guo Shuqing, chairman of China Construction Bank.

"What is good for the US is also good for every country, including China."

Guo called for closer coordination among central bankers from the major economies.

William Rhodes, senior vice-chairman of Citigroup Inc, said some Chinese authorities, including the People's Bank of China, were already in consultations with the Federal Reserve on measures to alleviate the crisis.


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 国产成人久久精品一区二区三区 | 男人的天堂官网 | 久久精品国产亚洲a | 精品久久久久久国产91 | 国产精品亚洲精品久久成人 | 中文字幕一区在线播放 | 八戒午夜精品视频在线观看 | 国产精品青草久久久久福利99 | 久久久久国产 | 亚洲影院手机版777点击进入影院 | 成年女人看片免费视频播放器 | 亚洲特黄视频 | 久草在线视频新时代视频 | 亚欧国产 | 欧美黑人性xxx猛交 欧美很黄视频在线观看 | 久草视频福利在线 | 美女视频永久黄网站免费观看韩国 | 亚洲综合精品一二三区在线 | 国产欧美日韩在线视频 | 免费观看毛片视频 | 久久综合成人网 | 欧美日韩精品一区二区三区视频在线 | 91精品欧美综合在线观看 | 91大神大战丝袜美女在线观看 | 性生活免费视频网站 | 国产aaa毛片| 日韩一级片播放 | 日韩欧美一区二区三区不卡在线 | 亚洲美女影院 | 国产中文字幕在线播放 | 欧美第五页 | 日本免费在线 | 久久亚洲精品国产精品777777 | 国产爽的冒白浆的视频高清 | 成人免费观看国产高清 | 免费毛片a线观看 | 免费人成黄页网站在线观看国产 | 国产一区在线观看免费 | 欧美 亚洲 另类 自拍 在线 | 最新欧美精品一区二区三区 | 天堂一区二区在线观看 |