国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China faces economic challenges with confidence, resolution

(Xinhua) Updated: 2016-02-17 09:52

BEIJING - Last week, when Chinese people were celebrating the Chinese Lunar New Year of the Monkey, the global financial market was rocked by turmoil, bringing challenges and uncertainties to the Chinese economy.

However, the Chinese government is ready to deal with the difficult situation: It is confident that the world's second-largest economy still harbors great potential and has enough leeway to deal with economic predicament.

China's confidence and courage are rooted in sound economic fundamentals, massive economic volume and the government's management and mobilization capability.

First of all, China's economic fundamentals remain sound.

The surveyed unemployment rate for January 2016 stands at 4.99 percent, which is the biggest shining point, as a healthy employment rate guarantees sound economic fundamentals, Chinese Premier Li Keqiang said at Sunday's executive meeting of the State Council.

The current stable employment situation, increasing personal income growth that surpasses the GDP growth, and gradually decreased energy consumption per unit of GDP have all demonstrated the stability and health of the economic fundamentals.

Secondly, the Asian giant, which possesses the world's largest foreign exchange reserves and a high savings rate, enjoys much leeway in financial market and monetary policy.

According to the central bank, China held $3.23 trillion of foreign exchange reserves at the end of January, which will not allow speculators to dominate market sentiment.

Last year, despite a sluggish world economy and prominent structural problems facing the domestic economy, China's GDP realized medium-high growth on the basis of $10 trillion.

Without a doubt, these numbers can convince any critics who try to belittle China.

Moreover, China has ample tools at hand, including a relatively complete regulatory regime, a reformed?renminbi exchange rate and an enhanced monitor system for short-term speculative capital movements and cross-border financial derivative trading.

Thirdly, the Chinese government is very strong in mobilization and action, which has been admired by many other countries.

Many past crises have proved that the Chinese government is able to respond to tough situations effectively, which was vividly demonstrated in the 1997 financial crisis, when China, as opposed to many other Asian countries, maintained its own integrity.

As the Chinese premier put it, China's economic development has been constantly growing despite being faced with challenges, and the more difficult the situation, the more tenacious the Chinese economy.

Hot Topics

Editor's Picks
...
桐乡市| 南溪县| 普宁市| 吉安市| 翼城县| 冕宁县| 凤台县| 苗栗县| 焦作市| 永宁县| 德州市| 民丰县| 珠海市| 新宾| 宁化县| 岚皋县| 上饶市| 固原市| 兴安盟| 谷城县| 紫云| 德安县| 曲水县| 三江| 含山县| 浦县| 石家庄市| 仁化县| 宝鸡市| 任丘市| 杭州市| 荣成市| 廉江市| 连平县| 大方县| 伊宁市| 沙湾县| 静海县| 承德市| 漠河县| 讷河市|