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

US EUROPE AFRICA ASIA 中文
Business / Opinion

Cities wrong to bank on FTZ status

By Ed Zhang (China Daily) Updated: 2014-04-21 06:56

So, as Chinese leaders stated last week, there won't be a massive stimulus despite the economic slowdown. There won't be money for local governments to build more ghost towns (enough is enough). There won't be large increases in industrial output, which used to be the main driver of GDP. There won't be as much growth in exports either, according to merchants from the continuing spring session of Canton Fair 2014 in Guangzhou.

And economists say things will remain by and large unchanged into the second quarter of the year, when GDP could fall further to just above 7 percent year-on-year.

Cities wrong to bank on FTZ status

Cities wrong to bank on FTZ status

What else can we expect from China in the coming three or so months? One source of excitement, to be sure, will be the competition among local governments to ask Beijing to grant them more freedoms for trade and capital import. Since Shanghai was chosen to be China's pilot free trade zone last August, nearly every other province or municipality has reportedly started its own campaign for similar, if not equal, status.

What a joke, people will say. No rational government would turn all cities into a new system only six months after it named the very first pilot zone. But vying for an FTZ is only the game on the surface. If there is anything that would be beneficial to the country, as well as to the local economy, why do they want to wait for their turn?

Local governments want to grab whatever new economic opportunities they can, Although they know it is unrealistic for all of them to get FTZ status at the same time. However, why would all of them want FTZ status? They seem to think that it is the only thing that can give the local economy a boost during a lingering slowdown.

Does this behavior mean that in the second-largest economy in the world, at least in the eye of some local officials, there is simply no other opportunity available for regional development except an FTZ license from the central government?

One possible answer would be that, contrary to Beijing's original intention that the zone was to pioneer the use of more international business practices, some local officials tend to think the status would grant them greater freedom to work with overseas financial services, to perhaps attract investors and financiers for development projects that are either half-done or still on the drawing board.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品中文字幕一区在线 | 亚洲无色 | 欧美69视频在线 | 欧美 亚洲 中文字幕 | 精品三级国产一区二区三区四区 | 无圣光福利视频 | 久久亚洲国产精品五月天 | 日本强不卡在线观看 | 日韩一级欧美一级毛片在线 | 免费嗨片 | 久久日本精品一区二区免费 | 国产一级视频在线 | 毛片日韩 | 男女乱淫真视频免费一级毛片 | aaa免费毛片 | 国产成人精品日本亚洲麻豆 | 小明日韩在线看看永久区域 | 亚洲精品国产国语 | 91男女视频 | 深夜爽爽福利gif在线观看 | 日韩中文字幕免费 | 国产在线更新 | 一级片免费观看视频 | 一级毛片私人影院老司机 | 国产精品2020观看久久 | 免费欧美一级 | 久久厕所视频 | 玖玖精品 | 精品国产日韩亚洲一区二区 | 99色在线视频 | 欧美视频久久久 | 日韩欧美国产视频 | 手机看片精品国产福利盒子 | 亚洲精品国产啊女成拍色拍 | 国产成人tv在线观看 | 国产成人影院在线观看 | 真实的国产乱xxxx | 99精品国产综合久久久久 | 看5xxaaa免费毛片 | 青青青免费手机版视频在线观看 | 狠狠做久久深爱婷婷97动漫 |