Yuan Gangming: Avoiding speculation on China's economic threat

Source: Internet
Author: User
Keywords China economy threat theory Yuan steel
China's total economy is the first to exceed Japan's GDP per capita only one-tenth of Japanese scholars remind the "poor countries" the real world big economic seats changed yesterday, China's total economy surpassed Japan, become the world's second largest economy.  However, domestic economists say China is still a "poor country" with a per capita GDP (gross domestic product) in the world, and that the seating of the second largest economy should not be blindly exaggerated in order to avoid the opportunity for international public opinion to hype "China's economic threat" again.  The second half of the world was postponed about 10 years ago, China was the world's seventh-largest economy, overtaking Germany as the world's third in 2007 and overtaking Japan this year. In the 2009, when China's economy was successfully completed, whether the total economy surpassed Japan and the second in the world has aroused hot debate in the academic circles.  However, the change was postponed for half a year as China's gross domestic product fell slightly below Japan in 2009. According to figures released yesterday by the Cabinet Office, Japan's real gross domestic product was $1.288 trillion trillion in dollar terms in the two quarter, up 0.1% in the chain, and 0.4% per cent at an annualised rate, weaker than expected.  China has previously released economic data for the first half of this year, with two quarters of gross domestic product at $1.339 trillion trillion in dollar terms, and Japan's total economy lagging behind China's. Yuan Gangming, a researcher at the Economic Research Institute of the Chinese Academy of Social Sciences and a visiting professor at the Institute of Social Science at Tokyo University in Japan, said, "The first time I went to Japan, China's economy was only one-tenth of Japan, we have more to learn about Japan's economy, with China's economic development, I am proud to be a scholar of the growing number of Japanese peers studying the Chinese economy. "A milestone in the economy of the great power China, as a developing country, overtook Japan as the world's second largest economy." "This is a milestone for the global economy," said Brousse Kasman, chief economist at JPMorgan Chase Bank. What is impressive is that China can still sustain rapid economic growth in a time of considerable difficulty for many countries.  "Yuan Gangming yesterday to the Beijing Morning News reporter said that the major economic development of some industries is critical, an economy is large enough for the size of the car, such as high demand for the development of the industry to help, China's car production in recent years of rapid growth is an example.  In addition, Li, director of the Center for World Economic Research at Tsinghua University, who pioneered forecasts of China's economy in excess of Japan last year, said that unlike Japan, South Korea, Malaysia and Singapore's over-reliance on external economies, China's economy is a big power economy with a huge growth potential in the mainland market, and the potential for China's future  Avoid a resurgence of "China's economic threat" Yuan Gangming said that the international measurement of rich countries poor indicators of GDP per capita, "at present, China's GDP per capita is only one-tenth of Japan, China is still a ' poor country ' the fact has not changed." In fact, at the news conference at the National Bureau of Statistics earlier this year, Jiantang, director of the National Bureau of Statistics, said that China's GDP per capita is still in the world, after a lot of people, a weak foundation, relatively small resources, poor people are still China's basic national conditions.  "We must see that China's economy is growing, its economy is growing, and China is still a developing country," he said. Yuan Gangming said that because of China's sustained and rapid economic development, the Japanese economic circles for China's total economy is more than Japan's psychological preparation, but the loss of ordinary people also exist, "the domestic media should play down this change, to avoid international public opinion to speculate again" China's economic threat ". Morning News reporter Shi
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.