日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Expert: China to play a vital role in global economy
Adjust font size:

China will play a more important role in the world economy if the global financial crunch leads the three richest economies into recession next year, said a senior economist with the Chinese Academy of Social Sciences.

Li Xiangyang, vice director of the Institute of World Economics and Politics under CASS, said in Beijing?on Thursday?that the world economy may grow 2 percent next year, down from an average annual growth of about 5 percent in the past decade.

The conclusion came from a CASS yearly report on the global economic and political situations and Li headed the team which compiled the report.

"The world economic expansion next year will be driven by advances in emerging markets while the United States, the European Union and Japan- the three major economies- may all post negative growth," said Li.

"China aims to sustain its economic expansion at above 8 percent next year, and its massive demand for imports will become a key force in stabilizing the world economy."

Li said countries should be aware of the risk of further meltdown in the global financial system next year when economies could suffer because of the crisis and could transfer negative influences back to the financial sector.

He also cautioned that China should be careful with the investment of its huge foreign exchange reserves.

"We have to properly deal with the risks of fluctuation in exchange rates and inflation when investing the reserves. Also, when we buy assets other than national bonds, we have to look out for commercial and moral risks," Li noted.

"The world's communities are paying increasing attention to environmental protection. Clean energy may become a pillar industry for some countries and there exists a huge market demand," said Li.

(Shanghai Daily December 26, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- SMEs play vital role in economy
- New social strata has a vital role to play
- Fire plays vital role in maintaining ecosystems: expert

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 贵溪市| 凤庆县| 兰坪| 新乐市| 扎囊县| 会理县| 惠水县| 岑巩县| 株洲市| 甘南县| 莲花县| 三河市| 榆林市| 剑阁县| 昌黎县| 平原县| 临洮县| 乌拉特前旗| 克东县| 安丘市| 卓尼县| 通河县| 含山县| 郑州市| 黄浦区| 原阳县| 孟州市| 辽阳市| 通州区| 巴楚县| 古交市| 宝兴县| 石城县| 彝良县| 民县| 永昌县| 邵武市| 察隅县| 铁力市| 赤水市| 康平县|