日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

Economist: China, US may reach trade agreement

By Zhao Tingting | chinadaily.com.cn | Updated: 2018-11-13 14:41
Share
Share - WeChat
Shen Jianguang, chief economist and vice-president of JD Finance, speaks at a meeting in Bejing on Nov 12, 2018. [Photo provided to chinadaily.com.cn]

"I believe that there is a possibility of a turnaround in the China-US trade friction in the short term and it is possible to reach a trade agreement," said Shen Jianguang, chief economist and vice-president of JD Finance, in Bejing on Monday.

The relationship between China and the United States in the medium and long term is still very complicated. "I think in the short-term it is the trade friction and in the medium term, it is the competition of technology and economic system," said Shen.

The subprime mortgage crisis 10 years ago is an important turning point for the economic competition between the two countries.

Enterprises in the US were facing financial difficulties and had no way to expand due to the subprime mortgage crisis and the global financial crisis.

China, on the other hand, was little affected as the government took various measures, such as the 4-trillion-yuan stimulative policy. Chinese enterprises took advantage of huge opportunities for expansion, resulting in surge in China's exports and domestic retail market.

The rise of China's advanced technology is also an earth-shaking change that has taken place over the past decade. "Although we haven't reached the same level as the United States, the growth rate of China's high technology is much higher than the overall industrial production growth rate," Shen said.

Some commodities in the US, China's exports account for as much as 80 or 90 percent of the market, so American consumers are very dependent on Chinese good. "I think that for the United States, the pressure on the trade friction is very large," said Shen.

"I visited more than 50 European multinational companies in June and July this year. In fact, they are very optimistic about China. They think China's market growth rate is still much higher than that of others and China's environmental protection steps are beneficial to them," Shen said.

Further reform and opening-up will empower China's economic growth. "We have a lot more space for further opening-up, such as finance, internet, media, medical and tourism industries," Shen said.

"The Chinese market will become more attractive to foreign companies if we continue to open up and improve the business environment."

The comprehensive department of the Ministry of Commerce and the International Trade and Economic Cooperation Research Institute jointly issued a report on China's international trade situation on Monday.

The report reviews China's foreign trade operations in the first three quarters of 2018, and looks at the development trend of China's foreign trade in 2018 and 2019.

China's foreign trade maintained a stable and good trend in the first three quarters of 2018, according to the report. The growth rate was generally stable, the structure continued to be optimized, the power was accelerated, and the quality and efficiency of development were steadily improved.

"The current Sino-US trade friction has a limited impact on China's foreign trade," said the report.

The report believes that the current international market demand is relatively stable, domestic import demand is growing steadily, and China's foreign trade has the basic conditions for maintaining steady growth.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美簧片 | 亚洲午夜在线 | 日韩精品久久 | 国产在线精品一区二区三区 | 国产精品美女www爽爽爽视频 | 国产毛片a精品毛 | 免费国产在线视频 | 国产99久久精品 | 久久激情av| 欧美精品综合一区二区三区 | 小蝌蚪污视频 | 激情97| 欧美国产激情二区三区 | 免费一级毛片在线观看 | 中国xxnxx免费 | 亚洲欧洲视频在线观看 | 久久国产精品一区二区 | 2018天天干夜夜操 | 日本韩国一区二区三区 | 成人性a激情免费视频 | 九九操视频 | 天天精品在线 | 欧美性黑人极品 hd 无码一区二区三区曰本A片 | 亚洲区欧美中文字幕久久 | 91久久 | 国产精品免费播放 | 日韩亚洲第一页 | 伊人影院综合 | www.75zzz.com| 欧美线在线精品观看视频 | 天天摸日日干 | 欧美性猛交一区二区三区精品 | 国产99一区二区 | 高清国产一区二区三区四区五区 | 污视频在线观看网站 | 九九热在线精品 | 九九热观看视频 | 成人欧美一区二区三区黑人3p | av一区二区在线观看 | 婷婷开心六月久久综合丁香 | 91p在线|