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

Business / Economy

Uncertainty looms amid slow recovery

By Chen Jia and Wei Tian in Sanya, Hainan (China Daily) Updated: 2012-12-17 03:09

China will face a complicated and uncertain situation abroad next year amid expectations that the global economy will grow slowly, according to the conclusions of an annual economic meeting.

The two-day Central Economic Work Conference, which ended on Sunday, warned those in attendance about the increasing dangers of protectionism and the pressures that could arise from potential inflation and asset bubbles.

"The world economy has changed from the fast development period before the crisis to a period of deep transformation," said a statement issued after the meeting.

Uncertainty looms amid slow recovery

A worker at a construction site for a railway station project in Ningbo, Zhejiang province, on Dec 6. [HU XUEJUN / FOR CHINA DAILY]

Economists also warned that the largest uncertainties for the Chinese economy next year may come from outside, as the European debt crisis lingers and the US economic recovery remains sluggish.

Weaker demand from abroad has hit Chinese exports this year.

In November, the country's exports increased by only 2.9 percent year-on-year, down sharply from 11.6 percent in October.

Total foreign trade expanded only 1.5 percent in the month, making it effectively impossible to meet the country's goal of seeing a 10 percent increase for the full year.

Although China's manufacturing activity hit a 14-month high in December, a sub-index tracking new export orders was one of the few such gauges that showed a contraction, falling in line with economists' expectations that the country's exports will remain lackluster in December and into 2013.

The export-driven growth model will gradually lose its advantages, helping the Chinese economy rebalance, said Huang Mengfu, honorary chairman of the All-China Federation of Industry and Commerce.

"To strengthen international cooperation and improve internationalization will be the chief way of solving the global crisis," Huang said at a forum in Sanya, Hainan province, on Sunday.

Wang Jianxi, executive vice-president and chief risk officer at China Investment Corp, expressed optimism about Europe's prospects for economic recovery, an outcome that would help China achieve stable growth in the coming year.

"It is possible that the EU will still have room for economic growth because of its relatively advanced capacity for development," Wang said.

 

Special Coverage

Uncertainty looms amid slow recovery

 

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
汶川县| 鹤壁市| 阿勒泰市| 砚山县| 左云县| 晋中市| 横山县| 建始县| 大厂| 象山县| 黔西县| 交口县| 天长市| 阿克陶县| 拉孜县| 永胜县| 弥渡县| 新巴尔虎右旗| 蒲江县| 鹿邑县| 昂仁县| 淳化县| 长葛市| 宁安市| 堆龙德庆县| 南投县| 长垣县| 元阳县| 新津县| 成安县| 海丰县| 泽州县| 沙洋县| 巴青县| 桦甸市| 通江县| 乌恰县| 西充县| 醴陵市| 怀仁县| 田东县|