Gov't work report draws global attention

0 CommentsPrint E-mail Xinhua, March 7, 2010
Adjust font size:

Foreign scholars and journalists were generally positive in reviewing the government's strategies and outlined the challenges ahead as Chinese Premier Wen Jiabao's government work report delivered Friday caught wide attention across the world.

Hong Pingfan, chief of the global economic monitoring center of the UN Department of Economic and Social Affairs, said the year 2009 saw the world mired in the first global economic recession since World War II.

It was against this background that China launched a massive fiscal stimulus package as part of its strenuous efforts to tackle the crisis, successfully achieving 8 percent growth for the year, he said.

"China has not only realized its own economic growth, but also boosted the confidence of other countries to deal with the financial crisis, giving an impetus to the world economic recovery," he added.

Marcio Pochmann, director of Brazil's Institute of Applied Economic Research, said China's achievements were closely related to the government's role.

"Countries that were more able to cope with the crisis and emerge from it were those with an organized government and with public policies adequate to the moment of crisis," he said.

The Chinese government responded quickly, adopting favorable macro-economic policies and asking major state-owned banks to inject capital into the domestic market, he said.

Japanese research fellow Takashi Sekiyama, from the Tokyo Foundation Policy Research Division, said China's home appliance subsidy programs in rural areas and tax cuts on small cars encouraged consumption.

China's stimulus policies contributed to the swift expansion of investment, he said, adding the Chinese economy's vigorous growth had greatly helped the world economy.

Belgian-Chinese Chamber of Commerce Chairman Bernard Dewit said it was far-sighted for the Chinese government to announce the acceleration of the transformation of the economic growth pattern. In the long run, China couldn't develop its economy continuously only by exporting low-end products such as T-shirts, he said, adding China had to produce more high-end products with high added value.

BBC Chinese Director Li Wen said the Chinese government had to change local officials' views on how to evaluate their achievements in their posts in order to transform the economic growth pattern.

The current situation where officials' achievements were mainly linked to GDP and fiscal revenue should be changed so that local officials would not only pursue rapid economic increase, he said.

Zheng Yongnian, director of the East Asia Institute of the National University of Singapore, said he was most interested in the work report's approach to people's welfare.

During the 30 years of reform and opening-up, China had relatively ignored social reforms relating to employment, education, medicare and social security, Zheng said.

Investing more in the above fields and solving problems concerning people's livelihoods were conducive to the increase of the middle class in China, he said.

Hou Peishui, editor-in-chief of Philippine daily World News, said a reasonable income distribution system would not only help avoid a big gap between the rich and the poor, but help build a harmonious society.

Only through implementing reforms in the areas of medicare, education, housing and social justice could the Chinese people live a life with more happiness and dignity, Hou said.

UN official Hong said the funding the Chinese government poured into social services was relatively insufficient, especially in areas of education, health care and social security, which was one of the reasons why the consumption level of the Chinese people was relatively low.

The final goal of economic development was improving people's living standards and quality, not increasing GDP, Hong said.

Justin Yifu Lin, senior vice president and chief economist of the World Bank, said the Chinese government this year would continue implementing a proactive fiscal policy.

There was still much room for increasing investment in China, Lin said, adding there was further potential for the improvement of domestic demand.

"I believe the goal of 8 percent growth in 2010 in the Chinese economy is possible," he said.

The Japanese researcher Sekiyama said the Chinese economy had maintained double-digit growth in recent years, which depended on strong domestic demand and increased export.

Major difficulties for the Chinese economy this year would be the side-effect of the easy monetary policy, which, if unnecessarily easy, would lead to the threat of housing bubbles and inflation, he said.

Asian Development Bank economist Park Cyn-young said: "Job creation is always the biggest challenge."

Authorities needed to especially strengthen the domestic demand base, and establish a stronger social safety net, so that "the people can feel assured to be able to spend," he said.

"Another challenge that they have to look at is inflationary pressure," the economist said. "We already see some signs in the property market."

Therefore, the government should properly adjust monetary policy to avoid restraining demand due to a rapid rise in inflation, he said.

Tarek El Sonoty, head of the diplomatic section of Egypt's Al Massai daily, said China would face challenges regarding trade frictions and the exchange rate of its currency.

In the long run, China needed to develop clean energy and reduce dependency on coal to control greenhouse gas emissions, he said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产又大又硬又粗| 日韩精品内射视频免费观看| 国产午夜精品一区二区| 2019日韩中文字幕MV| 成年男人的天堂| 亚洲区精选网址| 福利片免费一区二区三区| 国产成 人 综合 亚洲专 | 精品一区二区三区在线视频观看| 国产白嫩美女在线观看| 一级做a爰片性色毛片16美国| 欧美一级高清免费a| 免费观看的a级毛片的网站| 色偷偷91久久综合噜噜噜噜| 国产妇女馒头高清泬20p多| 884hutv四虎永久黄网| 女人扒开屁股爽桶30分钟| 久久国产亚洲电影天堂| 欧美激情a∨在线视频播放| 啦啦啦中文在线视频6| 亚洲六月丁香婷婷综合| 国产精品爽黄69天堂a| 一区二区三区日韩| 日韩免费一区二区三区| 亚洲欧美日本另类| 爱情岛论坛亚洲永久入口口| 国产一区二区三区久久精品| 五月天婷婷精品视频| 国产精品电影久久久久电影网| 99亚洲精品视频| 天天做天天爱夜夜爽| 中文无码久久精品| 日本亚洲色大成网站www久久| 亚洲中久无码永久在线观看同| 破处视频在线观看| 冲田杏梨在线精品二区| 麻豆va一区二区三区久久浪| 国产综合欧美日韩视频一区| 一个人晚上睡不着看b站大全| 性感美女视频免费网站午夜| 两根手指就抖成这样了朝俞|