Experts say China's economic rebound has become clearer
Source: Internet
Author: User
According to the Xinhua news agency, the executive vice president of the National Development and Reform Commission Wang Yiming 27th in Shanghai to participate in China's macroeconomic forum, said that in the expansionary economic policy stimulus, the economic rebound trend gradually clear, but still need to pay attention to the challenges and risks in the economic recovery, to achieve "protect eight" Task remains daunting. In his speech, Wang Yiming said that the 2009-year quarter is the bottom of the cyclical decline, the three or four-quarter will show the trend of continued to rebound, two-quarter is "from low to High" the key to the transition. Wang Yiming said that as external demand continued to decline, domestic demand pull role in the enhancement. However, it is worth noting that domestic demand is mainly driven by government investment, private investment has not been followed up in time. Exports, the sharp decline is irreversible. Wang Yiming said that the global economy still has a lot of uncertainty, export power disappears, the economy naturally slipped. China's GDP growth is unlikely to return to pre-crisis levels in two or three years. Wang Yiming said that at present, China's economy is in a critical period of decline and stability, to take advantage of current opportunities in policy and economic adjustment, hope that China's economy can form an endogenous economic growth mechanism, rely on their own strength to maintain gdp7%~8% growth level.
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