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

Economy

Hu: cautious on stimulus exits

(Xinhua)
Updated: 2010-06-28 09:32
Large Medium Small

Hu: cautious on stimulus exits

Chinese President Hu Jintao attends a plenary session of the fourth summit of the Group of 20 (G20), in Toronto, Canada, June 27, 2010. [Xinhua/Fan Rujun]


TORONTO - Chinese President Hu Jintao laid out on Sunday a three-point proposal for promoting a strong, sustainable and balanced global economic growth.

While addressing the fourth G20 summit in Toronto, President Hu said in his speech titled "Work in unity for the future" that the world economy is gradually recovering with the help of the concerted efforts of G20 members and the entire international community.

However, he also warned that the recovery was unfirmly established, unbalanced, and still facing "quite many uncertainties," such as the expanding sovereign debt crisis, drastic exchange rates fluctuations of major currencies and persistent volatility in the international financial markets.

"All this shows that the deeper impact of the international financial crisis is yet to be overcome and systemic and structural risks in the world economy remain very serious," he said.

Related readings:
Hu: cautious on stimulus exits G20 walks tightrope between growth, deficits
Hu: cautious on stimulus exits China, Japan boost ties on G20 sidelines
Hu: cautious on stimulus exits G20 summit concludes with fiscal targets
Hu: cautious on stimulus exits President Hu attends G20 Toronto summit

Seeking to address these problems and materialize a strong and balanced growth worldwide, the president laid out a three-point proposal.

"First, we need to turn the G20 from an effective mechanism to counter the international financial crisis to a premier platform for advancing international economic cooperation," said the president.

Hu further elaborated on his expectations for a function-adjusted G20 framework.

"The complex world economic situation makes it necessary for the G20 to play a guiding role. We need to take a longer-term perspective and shift the focus of the G20 from coordinating stimulus measures to coordinating growth, from addressing short-term contingencies to promoting long-term governance and from passive response to proactive planning," he said.

He said that the G20 must act in a "cautious and appropriate" way concerning the timing, pace and intensity of an exit from the stimulus packages and consolidate the momentum of the world economic recovery.

The Chinese leader said G20 nations should strengthen coordination of macroeconomic policies among them, support countries hit by the sovereign debt crisis in overcoming the current difficulties.

   Previous Page 1 2 Next Page  

墨脱县| 桐庐县| 万州区| 通道| 高碑店市| 南丰县| 巴林左旗| 寿宁县| 扎兰屯市| 永泰县| 商洛市| 晋中市| 华宁县| 铁岭县| 清水县| 永新县| 平湖市| 沐川县| 德庆县| 隆回县| 盐亭县| 灌南县| 四川省| 浦江县| 勃利县| 保德县| 辽阳市| 冕宁县| 布拖县| 齐齐哈尔市| 太白县| 沁源县| 祁连县| 安阳市| 噶尔县| 新和县| 扬州市| 宁波市| 乐清市| 阿图什市| 泸州市|