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 / Economy

Reforms pace 'needs to quicken',economists urge

By Bao Daozu (China Daily) Updated: 2015-10-26 06:52

Reforms pace 'needs to quicken',economists urge

'Institutional barriers' cited as main factor impeding nation's progress

One of China's leading economists has made a strong call for the country's leaders to speed up reforms that have been delayed.

The appeal by Wu Jinglian comes as a top leadership meeting is scheduled to be held on Monday to map out the nation's development program for the next five years.

The Communist Party of China is holding its Central Committee plenum from Monday to Thursday to come up with a proposal for the 13th Five-Year Plan (2016-20).

The meeting will also fill high-level vacancies left by officials now facing graft charges, including 11 former Central Committee members and alternate members.

Wu, 85, is a researcher at the State Council Development Research Center and a veteran economic adviser to the central government from the early days of the nation's economic reform.

Speaking on Sunday at a Center for Industrial Development and Environmental Governance forum at Tsinghua University, Wu blamed what he called "institutional barriers" as the main factor for the slowdown in China's overall rise in productivity and the failure to meet the demands of its newly rich middle-class citizens.

The only solution is to forge ahead with reform, rather than to introduce continual financial stimulus measures, he said.

He criticized the attempt to use such measures to increase the speed of growth as being the wrong way to ease the nation's economic woes.

In some key areas, reforms to remove institutional barriers have been slower than they should be, despite the leadership's strong determination expressed in reform programs adopted since 2012, he said.

One of the areas is reform of the capital market and its supervision. Another, where many problems remain, is the government's fiscal management, "because too much debt was incurred from the government's financial stimulus programs after the 2008 global financial crisis," Wu said.

The effect of financial stimulus measures has fallen to such an extent as to be nearly useless now, as it has incurred huge debt for local governments and companies. Introducing more such measures for the economy is a wrong and unsustainable solution for China, Wu said.

Instead, he said it should concentrate on reforming the financial system, fiscal management, prices and pricing system, State-owned enterprises, building up tariff-free zones and further opening up to global investors.

Chen Qinghai, former dean of Tsinghua University's School of Economics and Management, said at the same forum that China's environmental challenge will be huge.

Last week, Ma Jun, chief economist at the People's Bank of China, said future financial reform will focus on general finance, innovation finance, Internet finance and environmental or green finance.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成片免费观看视频大全 | 精久久久 | 亚洲一区 中文字幕 | 欧美视频在线观看 | 高清国产一区二区三区四区五区 | 日本小网站 | 精品欧美视频 | 天堂资源最新在线 | 久久久久久久久99精品 | 一区二区三区中文字幕 | 亚洲w码 | 天天射天天操天天干 | 中文字幕日韩在线 | 日韩一区二区三区精品 | 国产精品色综合 | 国产精品永久免费视频 | 国产精品精品视频 | 精品国产黄a∨片高清在线 亚洲3atv精品一区二区三区 | 91视频网国产| 日本三级一区二区三区 | 久久精品 | 538porm在线看国产亚洲 | 久久久精品一区二区三区 | 国产乱色精品成人免费视频 | 色插综合| 国产精品v欧美精品v日韩精品 | 欧美第一页 | 91成人在线 | 黄在线观看+在线播放 | 欧美剧场成人精品午夜 | 久久精品视频日本 | 国产免费av大片 | 国产一级特黄aa大片爽爽 | 91视频官网| 性欧美xxxx极品摘花 | 亚洲精品无码不卡在线播放he | 精品人人 | 欧美女人天堂 | 色婷婷精品视频 | 欧美高潮 | 日韩午夜在线视频 |