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

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

ADB bats for private sector

By WANG YANFEI | China Daily | Updated: 2017-04-07 08:08

China needs to strengthen its efforts to boost the private sector in order to keep the economy on the right recovery path, a report by the Asian Development Bank said on Thursday.

"A smaller share of government-led investment projects contributing to growth points to some positive changes in the structural reforms," said Zhuang Jian, a senior economist with the bank.

ADB bats for private sector

Zhuang Jian, senior economist at the Asian Development Bank 

"But the government needs to boost the private sector to ensure that the economy grows in a healthy way."

Zhuang's remarks come at a time when China is switching from the old investment- and export-driven model toward one mainly driven by consumption.

The nation's investment rate, or fixed capital formation over GDP, declined starting from 2015, after it was sustained at elevated levels of around 45 percent from 2009 to 2013, data from the National Bureau of Statistics showed.

Investments undertaken by government agencies-in such areas as transportation and public utilities-only take up around one-third of total investment while the rest comes from enterprises, both State-owned and private, according to the Asian Development Outlook 2017 released on Thursday.

Zhuang said he expected the share of the investments undertaken by government agencies to further decline in the future, because of the effects of deregulation and the leveling of the playing field.

In order to see further progress in the rebalancing process, more efforts are needed to improve the environment for non-State investment, he said.

Jurgen Conrad, head of the economics unit at the ADB China Resident Mission, said such efforts included continued financial reforms to attract savings to the most productive projects, encouraging investments in innovation and a movement toward higher technology in the production chain.

The bank's Chief Economist, Yasuyuki Sawada, said that as long as the government keeps up the efforts to implement structural reform, a moderate decline in growth speed, dragged by the government's shift to financial stability, was not at all worrisome.

Most Viewed in 24 Hours
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
德州市| 紫金县| 淳安县| 饶河县| 府谷县| 崇仁县| 云龙县| 安义县| 绿春县| 盖州市| 资兴市| 航空| 台前县| 尼勒克县| 老河口市| 伊宁市| 鸡东县| 丹江口市| 龙陵县| 密云县| 瑞安市| 阳朔县| 玛沁县| 延庆县| 通化市| 巫溪县| 巴青县| 乌什县| 南皮县| 仪征市| 南城县| 新建县| 华安县| 金门县| 濮阳县| 靖安县| 青州市| 景德镇市| 原阳县| 遂平县| 项城市|