在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

WB chief warns China of 'middle income trap'

Updated: 2011-09-02 06:37

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

WASHINGTON - China's economic growth has been a source of strength in the crisis, but the nation also needs structural changes to stave off a "middle income trap", World Bank President Robert Zoellick said Thursday.

The world's economic leaders need to "rebalance" their thinking as well as their economies. Fiscal and monetary policies have dominated the current discussion. That makes sense to a degree, but these policies are "insufficient for sustained growth", Zoellick cautioned in an op-ed published on the website of the Financial Times Thursday.

"We need action on the structural dynamics to generate jobs, higher productivity, and a sustainable long-term rebalancing. What happens in China is as important as Europe, Japan, or the United States," said the World Bank chief.

For the past three decades, China has enjoyed average annual growth of about 10 percent. By 2030, if China reaches a per capita income of 16,000 U.S. dollars, a reasonable possibility, the effect on the world economy would be equivalent to adding 15 of today's South Koreas, he noted.

Zoellick is scheduled to visit China from on September 1-5 to discuss China's key medium-term challenges, his fifth official visit to the country since becoming the head of the Washington- based bank in July 2007.

"It is hard to see how that expansion could be accommodated within an export and investment-led growth model, so China will need to rebalance through boosting domestic demand, lowering savings and increasing consumption," he said in the article entitled "The big questions China still has to answer".

"In the longer term, the drivers of China's meteoric rise are waning: resources have largely shifted from agriculture to industry; as the labor force shrinks and the population ages, there are fewer workers to support retirees; productivity increases are declining, partly because the economy is exhausting gains from the transfer of basic production methods," he said.

Zoellick noted that China's policymakers are well aware of " what" they need to do, as their 12th Five-year Plan points the way. Their current challenge is "how" to do it, and China's Development Research Center of the State Council, the Ministry of Finance and the World Bank are making joint efforts to turn "what" into "how" for a report later this year.

In an interview with Xinhua Tuesday on the eve of his trip to China, Zoellick held that other countries can also draw some lessons from China's experience on how to avoid the middle income trap.

主站蜘蛛池模板: 一区二区国产在线 | 国产成人在线视频 | 午夜在线观看视频网站 | 特黄aaaaaaaaa真人毛片 | 成人一级黄色片 | 国产一区二区三区视频在线 | 亚洲综合免费 | 国产精品99久久久久久久久久久久 | 51成人做爰www免费看网站 | 日本黄色中文字幕 | 在线观看av的网站 | 91三级视频 | 久久综合国产 | 国产美女自拍 | 天堂网av在线 | 中文日韩欧美 | 一级免费片 | 天天有av| 91成人精品 | 91成人精品一区在线播放 | 国产三级视频在线播放 | 亚洲性猛交| 蜜桃91丨九色丨蝌蚪91桃色 | 一级毛片网 | 日韩国产在线 | 日韩欧美三区 | 亚洲国产中文字幕 | 免费成人黄色 | av一区二区三区四区 | 久草网在线观看 | 国产伦精品一区二区三区四区免费 | 特级淫片裸体免费看 | 国产福利一区二区三区 | 成人在线视频免费 | 中文字幕亚洲综合 | av免费观看在线 | 三级黄色片网站 | 国产精品美女久久久久av爽 | 国产欧美日韩一区 | 日本视频在线免费观看 | 日韩av在线免费播放 |