综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Bizchina

Dialogue seeks to reach consensus

(China Daily)
Updated: 2010-05-25 11:24
Large Medium Small

Dialogue seeks to reach consensus

Lei Yanhua, researcher at the Chinese Academy of International Trade and Economic Cooperation under Ministry of Commerce 

Short-term and specific solutions will help solve the long-term and strategic issues. At the first round of S&ED, China and the US reached a consensus on macroeconomic policy coordination, economic structure adjustment, financial system reform, trade and investment open policy, international financial institutions reform and cooperation on energy and environmental protection.

The current round of S&ED will focus on similar topics, although the specific content will be different from the last round of the talks.

In the current round of talks, the possibility is slim that the two sides reach a consensus on the exchange rate issue, and if the US insists on its standpoint, it will be more difficult for them find a solution on this issue. China thinks that US statistics have aggrandized China's trade surplus and believes the surplus is partly because of the international transfer of industry. Moreover, the US control to high-tech export to China has significantly worsened the imbalance in Sino-US trade.

The US trade deficit is rooted in the fundamentals of the US economy but a trade deficit doesn't mean its overall interests are jeopardized. The revaluation of the yuan is not the key to solving imbalance in Sino-US trade.

China has found the solution to the structural imbalance of the global economy: changing economic development mode. But the solution currently is mainly used as a domestic policy rather than proposed as a remedy to international economic imbalances.

Related readings:
Dialogue seeks to reach consensus China, US agree on 'prudent' stimulus exit
Dialogue seeks to reach consensus China,US agree to intensify cooperation
Dialogue seeks to reach consensus China wants details of US plan on easing high-tech exports
Dialogue seeks to reach consensus Promote China-US ties on key dialogue platform

In 2007, China began to boost domestic demand and change its economic development mode. Since the beginning of this year, the central government has been accelerating its move in this direction.

One core method of doing so is to modify the demand structure, increasing domestic demand and decreasing the dependence on foreign markets. Changing the development mode is a much better way forward than revaluing the yuan.

China should persuade other countries that changing the economic development mode is the best solution and revaluing the yuan would decrease China's export competitiveness. That would ultimately offset the country's efforts to increase domestic demand, a crucial step in helping to rebalance the global economy.

The unreasonable control imposed by the US on the export of high-tech products to China has affected US corporate interest. For example, in 2007, China's carbon fiber production ability was very limited and it needed to import equipment from the US. It couldn't because the US control prevented US carbon fiber enterprises from sharing this opportunity with China.

石屏县| 盱眙县| 天等县| 马山县| 丹寨县| 若羌县| 胶南市| 徐州市| 时尚| 石台县| 固原市| 杨浦区| 丹寨县| 库尔勒市| 全州县| 朔州市| 三河市| 赣榆县| 五常市| 梨树县| 赞皇县| 夏河县| 夹江县| 邵武市| 卢湾区| 华宁县| 郎溪县| 定西市| 烟台市| 兴海县| 南安市| 琼结县| 桦甸市| 宜宾市| 武邑县| 大方县| 龙州县| 涟水县| 封开县| 城口县| 龙山县|