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

Government won't resort to short-term stimulus

By WEI TIAN/JIANG XUEQING (China Daily) Updated: 2014-04-11 07:32

Government won't resort to short-term stimulus

Premier Li Keqiang delivers a keynote speech at the opening of the 2014 annual conference of the Boao Forum for Asia in Hainan province on Thursday. WU ZHIYI/CHINA DAILY

Growth under 7.5% acceptable so long as adequate employment exists

Premier Li Keqiang on Thursday dismissed speculation of major policy easing amid the current economic slowdown, saying the government will not opt for a massive short-term stimulus because of "temporary" volatility.

Government won't resort to short-term stimulus

"A growth rate under this year's 7.5 percent target is acceptable so long as sufficient employment is ensured," the premier told guests at the opening ceremony of the 2014 annual conference of the Boao Forum for Asia in Hainan province.

"We will focus more on medium- to long-term healthy development," Li said, adding that China has enough options to respond to any risk and challenges and is capable of maintaining economic growth at a reasonable level.

Streamlining administration and further tax reforms are two of the options on the agenda, said Li.

Government won't resort to short-term stimulus

Government won't resort to short-term stimulus

The world's second-largest economy was expected to expand by about 7.3 percent in the first quarter of the year, down from 7.7 percent reported in the previous quarter. It will be the weakest since early 2009, according to a survey of 21 economists by China Business News. Final data will be out on Wednesday.

Li's remarks eased the concerns of some economists that the authorities may again opt for a massive stimulus package similar to the 4 trillion yuan ($645 billion) investment program in 2008, which pushed up asset prices and resulted in severe overcapacity.

Carlos Gutierrez, chairman of Albright Stonebridge Group based in Washington DC, said on the sidelines of the forum that Premier Li's speech gave "a very clear vision of where he wants China to go".

"It was clear, strong and visionary," Gutierrez said. He agreed with Li on not taking strong measures to stimulate the economy despite the fact it is slowing down.

"Being steady is more important than doing something fast. I think the strategy is right," he said.

"The stimulus (in 2008) brought structural damage to the Chinese economy. We are still trying to reverse it," Chen Zhiwu, a professor of finance at Yale University, said during the Boao Forum.

"Massive stimulus is the last thing China needs at the moment," said Liu Huangsong, director of the Institute of Economics at the Shanghai Academy of Social Sciences.

Government won't resort to short-term stimulus
Premier Li at Boao Forum 

Government won't resort to short-term stimulus
Celebrities at Boao Forum for Asia 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 犍为县| 平度市| 福安市| 元阳县| 雅江县| 班戈县| 卢龙县| 中阳县| 道真| 广昌县| 屏东县| 佛冈县| 青阳县| 尼木县| 新巴尔虎右旗| 海晏县| 定陶县| 吴旗县| 肃宁县| 东城区| 龙陵县| 沙洋县| 青岛市| 天祝| 车致| 阿城市| 怀安县| 榆林市| 贵溪市| 尉犁县| 内乡县| 繁峙县| 沙坪坝区| 台州市| 石柱| 邓州市| 出国| 河南省| 疏附县| 海晏县| 庆安县|