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 / Economy

China is on good path, Kim says

By Zheng Yangpeng in Shanghai (China Daily) Updated: 2016-02-27 09:00

China is on good path, Kim says

World Bank President Jim Yong Kim (right) talks about the Chinese economy with China Daily reporter Zheng Yangpeng on Friday in Shanghai.GAO ERQIANG/CHINA DAILY

World Bank chief: Beijing's fiscal and monetary policy transparency is bolstering confidence

China has realized the critical importance of communication and the world is going to see more transparency and clarity about China's decision-making, the World Bank president told China Daily on the sidelines of the G20 meeting.

"I met Premier Li Keqiang on Wednesday, and he told me they had realized the importance of communication. A lot of suspicion is that things are happening, but the global community is not sure why things are being done. ... The fact that you tell what exactly your intention is, in terms of fiscal policy, monetary policy, status of structural reform, that kind of communication will go a long way to dispel the doubts," World Bank President Jim Yong Kim said.

Such communication is critically important on the exchange rate issue, he said, an issue that grabbed the world's attention during the meeting. Kim cited People's Bank of China's Governor Zhou Xiaochuan's recent communication as showing China's progress.

"The biggest issue about the renminbi is people fear they don't know how decisions are being made. Now Governor Zhou is coming out and saying they are looking at a basket of currencies and making decisions based on the yuan's relation with a basket of currencies,

"China is on a very good path. Governor Zhou is communicating, he is even communicating in English, which I think is really important. What you are going to see is more transparency," he said.

The importance of communication also applies to the Chinese economy.

"Chinese leaders have said they are going to move away from a strategy based on investment and export to consumption and service. That's happening. China is engaging in reforms in the financial sector, hukou (household registration) system and healthcare sector," Kim said.

"We are working with them on these reforms. We are right here on the ground to work with China, so we are much more optimistic about what's happening here than some observers from outside," he said.

However, Kim said it is critical for China to "maintain the momentum of structural reform". The second issue is to keep communicating, and more frequently and broadly.

He disclosed that throughout half of his meeting with Li, the premier discussied how to foster China's new economic drivers.

"This is his top priority. He wants to think about all the different ways that China could grow in the future," he said.

Kim said the World Bank is pleased that Li has trusted it to do a third report on policy recommendations on China, about the country's healthcare reform. The bank previously undertook two studies with a Chinese think tank on China's 2030 growth strategy, and urbanization. Both stimulated wide debate and made an impact.

Commenting on its cooperation with the Asian Infrastructure Investment Bank, Kim said the World Bank will co-finance with the AIIB. But beyond specific projects, what he sees as most important is China's embrace of "multilateralism".

"When you have multilateral institutions as your premise, and you are trying to ensure all countries work together," he said, adding the world expects more China's leadership.

zhengyangpeng@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久草草视频在线观看免费高清 | 精品欧美激情在线看 | 真人一级毛片 | 草草视频免费在线观看 | 亚洲日本一区二区三区在线 | 一级成人a做片免费 | 亚洲九九 | 国产日韩一区二区三区在线播放 | 午夜性福利 | 婷婷的久久五月综合先锋影音 | 欧美性色高清生活片 | 美女做爰视频在线观看免费 | a级片在线免费观看 | 中文字幕一区二区三区视频在线 | 亚欧美| 免费人成黄页在线观看视频国产 | 97精品久久久久中文字幕 | 欧美巨大另类极品videohd | 国产精品特级毛片一区二区三区 | 国产成人精品午夜二三区 | 三区在线视频 | 日韩一区二区不卡中文字幕 | 在线视频久草 | 欧美一区二区三区久久综 | 国产在线观看成人免费视频 | 国产欧美日韩在线观看一区二区三区 | 最新在线步兵区 | wwwav在线| 日韩在线欧美在线 | 午夜三级理论在线观看视频 | 男人的天堂免费视频 | 国产成人免费网站 | 国产一级做a爰片久久毛片99 | 天天五月天丁香婷婷深爱综合 | 亚洲一区二区在线视频 | 久久国产精品高清一区二区三区 | 免费一级 一片一毛片 | www毛片com| 美女免费毛片 | 性精品 | 久久午夜网 |