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

USEUROPEAFRICAASIA 中文雙語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
城固县| 福建省| 天镇县| 牙克石市| 平昌县| 精河县| 靖江市| 江西省| 阳东县| 房产| 山丹县| 无极县| 文安县| 枞阳县| 砀山县| 沅江市| 玉树县| 大洼县| 东光县| 安龙县| 甘肃省| 全椒县| 依兰县| 吴忠市| 冀州市| 梧州市| 新沂市| 白银市| 三穗县| 启东市| 揭阳市| 阜城县| 扎囊县| 临西县| 三门县| 桓台县| 叶城县| 张北县| 林周县| 文山县| 玉环县|