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

US EUROPE AFRICA ASIA 中文
Business / Opinion

Cities wrong to bank on FTZ status

By Ed Zhang (China Daily) Updated: 2014-04-21 06:56

So, as Chinese leaders stated last week, there won't be a massive stimulus despite the economic slowdown. There won't be money for local governments to build more ghost towns (enough is enough). There won't be large increases in industrial output, which used to be the main driver of GDP. There won't be as much growth in exports either, according to merchants from the continuing spring session of Canton Fair 2014 in Guangzhou.

And economists say things will remain by and large unchanged into the second quarter of the year, when GDP could fall further to just above 7 percent year-on-year.

Cities wrong to bank on FTZ status

Cities wrong to bank on FTZ status

What else can we expect from China in the coming three or so months? One source of excitement, to be sure, will be the competition among local governments to ask Beijing to grant them more freedoms for trade and capital import. Since Shanghai was chosen to be China's pilot free trade zone last August, nearly every other province or municipality has reportedly started its own campaign for similar, if not equal, status.

What a joke, people will say. No rational government would turn all cities into a new system only six months after it named the very first pilot zone. But vying for an FTZ is only the game on the surface. If there is anything that would be beneficial to the country, as well as to the local economy, why do they want to wait for their turn?

Local governments want to grab whatever new economic opportunities they can, Although they know it is unrealistic for all of them to get FTZ status at the same time. However, why would all of them want FTZ status? They seem to think that it is the only thing that can give the local economy a boost during a lingering slowdown.

Does this behavior mean that in the second-largest economy in the world, at least in the eye of some local officials, there is simply no other opportunity available for regional development except an FTZ license from the central government?

One possible answer would be that, contrary to Beijing's original intention that the zone was to pioneer the use of more international business practices, some local officials tend to think the status would grant them greater freedom to work with overseas financial services, to perhaps attract investors and financiers for development projects that are either half-done or still on the drawing board.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 超污视频在线看 | 亚洲专区在线 | 国产精品国产a级 | 天堂精品 | 4hc44四虎www在线影院男同 | 精品亚洲国产成av人片传媒 | 亚洲国产精品日韩高清秒播 | 嫩草影院地址一二三网址 | 国产亚洲成在线播放va | 一级做a | 久久久91| 亚洲欧美18v中文字幕高清 | 一区精品视频 | 久久丁香视频 | 国产在线a视频 | 亚洲一区二区色情苍井空 | 国产成人精品影院狼色在线 | vidz 98hd| 国产一区二区在线免费观看 | 成人免费观看网欧美片 | 国产成人免费视频网站高清观看视频 | 亚洲国产日韩在线观频 | 91欧美精品激情在线观看 | 精品乱子伦一区二区三区 | 亚洲欧美综合久久 | 欧美中文字幕一区二区三区亚洲 | 婷婷色综合久久五月亚洲 | 国产亚洲精品久久久久久久网站 | 日产中文字乱码卡一卡二视频 | 免费色网址 | 嫩草视频在线观看 | 啪一啪在线视频 | 久久精品中文 | 美女91视频 | 亚洲精品在线视频观看 | 美女国内精品自产拍在线播放 | 黑人黄色大片 | 亚洲人和日本人jizz | 97久久精品一区二区三区观看 | 国产精品久久久久久久午夜 | 亚洲3atv精品一区二区三区 |