Many have argued that the new leadership has followed the footsteps of the old, inheriting proactive fiscal and prudent monetary policies. Also, along the general lines set by President Hu Jintao and Premier Wen Jiabao in 2011, this year's meeting highlighted keeping credit and currency stable.,幸运28开户网址
But Chossudovsky thinks that given the size of its massive production base, China is already the world's largest economy, as countries in the West continue to struggle.,In addition to allowing more offshore renminbi markets to emerge, China has also started experiments in direct trading of its currency with key trading partners. For the first time, the Japanese yen and the Chinese yuan were able to be traded directly in both the Tokyo and Shanghai markets on June 1. Though the ensuing territorial disputes have cooled both sides' enthusiasm to encourage the markets' fast development, the direct conversion of the two currencies has set a precedent for other currencies to follow.,The country's top price regulators said Friday it ordered Samsung, LG and four Taiwanese makers of LCD display screens to pay 144 million yuan (.9 million) in fines and return 172 million yuan of extra payment to Chinese mainland buyers, besides confiscating 36.75 million yuan of their illegal gains.
The ever-rising medical expenses, together with the enormous pension payment, the cost of environmental protection and the huge debts held by local governments, will push listed government debt to more than 100 percent of China's GDP by 2050 if no reform is undertaken. This should be a reminder to the government that, in the absence of precautionary reforms, the possibility of a Europe- and United States-style debt crisis in China cannot be ruled out.,Consumers are choosing which imported foods to buy according to their reputations rather than advertising.,China will gain an advantage in the maritime sector if it makes efforts in these areas.
It is vital to disclose information on how many affordable units are available each year, who is applying and who is finally approved.,BBIN电子游戏网址2013-01-06 14:19:35.0Fine signals zero-tolerance towards foreign cartelsFine signals zero-tolerance towards foreign cartels,LCD display screens,consumer welfare,11022503View2@webnews/enpproperty-->,For China to be perceived as just "the world's factory" is neither sustainable nor desirable in the long run. As we move into 2013, it's a good time to think about how "Brand China" is perceived and the prospect of repositioning it.
China's 7 percent growth target, while subject to a number of challenges, is based on maintaining private consumption growth of around 8 percent (while recognizing that exports and investment will not grow as strongly as before), thereby allowing the consumption share of GDP to rise. More focus on innovation and creativity will be accompanied by strong real wage growth, provision of greater rights for urban migrants, and expansion of health care and pensions. If China grows by 7-8 percent again in 2013, it will be more balanced growth than in 2012.,Achievement of development goals hinges on effective capital allocation,Over the weekend many parts of northern China experienced serious air pollution. PM2.5 (particulate matter less than 2.5 micrometer in diameter) data in Beijing reached 470 to 490 on Saturday morning, which according to the Air Quality Index is the most polluted air quality. And heavy fog will continue to envelop a large swathe of East and Central China in several days.