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

A year of rebalancing

Updated: 2012-01-18 08:02

(China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

The resilient growth of the Chinese economy in 2011 should not be that surprising given the formidable momentum produced by the country's accelerating urbanization.

Instead, what impresses us most about the past year is the early and vital progress China has achieved in rebalancing its economy domestically and internationally.

The latest statistics show that the world's second largest economy expanded by 9.2 percent last year in spite of the global turbulence and domestic price hikes.

Compared to its own record of more than three decades of nearly double-digit growth, the new growth figure does not look too exciting. Yet, from a global perspective, the performance of the Chinese economy remains the envy of most developed countries, which are plagued by sovereign debt crises and stubbornly high employment.

Chinese policymakers certainly deserve credit for their resolute efforts to battle surging inflation. The country's consumer inflation hit a 37-month high of 6.5 percent last July before it was brought down to 4.1 percent in December.

Those people who expressed concern that China's tightening measures to fight inflation would lead to a drastic slowdown surely did not expect 9.2-percent overall growth.

They underestimated the long-term driving force that the country's ongoing urbanization provides.

More importantly, they failed to grasp the far-reaching significance of China's progress in rebalancing its growth pattern.

The country is reducing its dependence on external demand and boosting domestic consumption as a key engine for sustainable growth. China's trade surplus fell to $155 billion last year, down 14.5 percent from a year earlier, falling to an estimated 2.2 percent of GDP in 2011, compared with 3.1 percent in 2010 and a high of 7.5 percent in 2007.

The country has also managed to, slightly but steadily, rein in the widening income gap between rural and urban residents, one of the most difficult problems that the country must overcome to sustain its long-term growth story.

It is particularly reassuring to see that the nominal income growth of rural residents increased by 17.9 percent, outpacing that of urban residents, to narrow the urban-rural income ratio from 3.23:1 in 2010 to 3.13:1 in 2011.

The scale of China's rebalancing may appear small in terms of statistics. But in reality, it could mean a sea change in many aspects of our social and economic development.

(China Daily 01/18/2012 page8)

主站蜘蛛池模板: 日韩18视频在线观看 | 99久久综合给久久精品 | 84pao视频强力打造免费视频 | 一级黄片毛片免费看 | 青青草无限次破解版污 | 国产午夜精品理论片影院 | 日韩一区二区三区在线观看 | 国产a久久精品一区二区三区 | 亚洲伦理影院 | 成年人网站在线免费观看 | 狠狠躁日日躁夜夜躁A片小说按摩 | 久久久久久久久久久9精品视频 | 一级黄色片欧美 | 伊人网站 | 日韩1区| 日韩欧美大片在线观看 | 欧美在线激情 | 成人网在线免费观看 | 国产欧美精品一区二区三区 | 日韩视频在线观看免费 | 午夜影院试看五分钟 | 亚洲欧美一区二区三区 | 国产片欧美片亚洲片久久综合 | 免费日本视频 | 午夜影院在线看 | 国产第113页 | 米奇7777狠狠狠狠视频 | 国产精品国产精品 | 91在线视频 | 国产精品综合色区在线观看 | 午夜网站入口 | 五月婷久久 | 成人免费毛片片v | 日韩视频在线观看 | 欧美经典成人在观看线视频 | 欧美激情无码成人A片 | 一区二区三区四区免费 | 日韩和的一区二在线 | 久久国产精品一区 | 亚洲涩涩| 锵锵锵锵锵锵锵锵锵好湿好大 |