久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

chinadaily.com.cn
left corner left corner
China Daily Website

China vigilant against QE in developed economies

Updated: 2013-03-07 15:34
( Xinhua)

BEIJING -- China's political advisors expressed concerns about the impact of quantitative easing policies in developed countries, urging the nation to speed up industrial restructuring to tackle related challenges.

"We don't agree with the excessive monetary easing used in some countries," said economist Li Yining at a press conference held on the sidelines of the annual ongoing session of China's top political advisory body.

The political advisors' renewed call for restraint in monetary easing has highlighted the pressure that has hit emerging economies, particularly those in the Asia-Pacific region.

Apart from a new round of quantitative easing launched by the US Federal Reserve last year, the Japanese yen has depreciated more than 15 percent against the US dollar over the past two months due to an expansionary policy implemented by Japanese Prime Minister Shinzo Abe.

While delivering his last government work report at the parliament's annual session on Tuesday, Premier Wen Jiabao said China will maintain a proactive fiscal policy and a prudent monetary policy in 2013, as well as secure economic growth of 7.5 percent and keep inflation around 3.5 percent.

As a sign of increasing capital inflow amid China's improved economic prospects, Chinese financial institutions saw their yuan funds outstanding for foreign exchange increase by 683.7 billion yuan ($108.9 billion) in January, the highest monthly increase on record, data from the central bank showed.

Since capital accounts are tightly controlled by the government, China's central bank and commercial banks have to buy large quantities of foreign exchange to stabilize the yuan's exchange rate, resulting in loose liquidity in the domestic market.

Justin Yifu Lin, former vice president and chief economist of the World Bank, said he expects China's currency to continue appreciating this year thanks to globally loose liquidity.

"Policymakers need to make appropriate adjustments according to China's domestic productivity and the balance of international payments," Lin said in a group interview held during a press conference.

Lin is also a member of the National Committee of the Chinese People's Political Consultative Conference, the country's top political advisory body.

"I think it's important for China to adopt a relatively proactive fiscal policy while keeping its monetary policy moderate, as this will be helpful to maintain rapid economic growth and keep prices relatively low," Lin said.

If China sees a massive inflow of short-term speculative funds, the country can take necessary capital-control measures to prevent drastic appreciation for the yuan and avoid bubbles in the property sector and equity markets, Lin said.

 
8.03K
 
...
主站蜘蛛池模板: 国产精品亚洲精品影院 | 99色视频在线 | 可以看的毛片网站 | 亚洲a成人| 国产一级生活片 | 国产护士一级毛片高清 | 青青草色久综合网 | 美美女高清毛片视频免费观看 | 久久国产三级 | 成人一级大片 | 久久99精品久久久久久h | 久久91精品牛牛 | 亚洲欧美人妖另类激情综合区 | 日本色哟哟 | 亚洲精品一二三 | 韩国美女高清爽快一级毛片 | 免费成年网 | 亚洲天堂免费看 | 夜夜春夜夜夜夜猛噜噜噜噜噜 | 免费看a级| 国产在线播放不卡 | 91tv成人影院免费 | 亚洲第一视频网站 | 在线精品免费观看综合 | 色天使色婷婷在线影院亚洲 | 韩国啪啪网站 | 萌白酱粉嫩jk福利视频在线观看 | 亚洲成人手机在线观看 | 亚洲久草在线 | 日本免费一区尤物 | 看a网址| 曰韩三级 | 99在线免费观看 | 91精品国产高清91久久久久久 | 国产区二区 | 999热精品这里在线观看 | 国产人人插| 特黄a大片免费视频 | 亚洲国产欧美在线人成aaa | 高清一区二区三区免费 | 日本特黄特色 |