In order to work towards lowering carbon emissions nations need change their attitudes and encourage innovation, and China needs a solution to lower its energy costs, experts said on Sept 15 in Dalian, Liaoning province.
China's innovative investment model in infrastructure constructions – start construction on debt and repay after completion – has been benefiting the speedy urbanization development in the past decades, executive of Dalian Wanda Group said on Sept 15.
China needs to diversify its huge foreign exchange (forex) reserves by promoting overseas investment in the real economy such as infrastructure, economists and officials said.
Government incentives are important to pave a low-carbon road for economic growth, and the corporate sector should be the main player through technological improvement, said officials and industry insiders at the World Economic Forum in Dalian.
DALIAN, Liaoning - China will maintain its proactive fiscal policy and prudent monetary policy while boosting domestic consumption as the economy is still moving in the direction as expected, Premier Wen Jiabao said on Wednesday.
Premier Wen Jiabao said on Sept14 that China is ready to increase its investment in debt-ridden Europe, and urged the European Union (EU) to recognize China as a full market economy.
China might miss its target of keeping inflation below 4 percent this year, an official said on Sept 14.
DALIAN, Liaoning - The world economy is not likely to suffer a double-dip recession, but developing countries should further tighten their monetary policies to keep inflation under control, Zhu Min, deputy managing director of the International Monetary Fund, said on Wednesday.
Premier Wen Jiabao said on Wednesday that China is ready to increase its investment in debt-ridden Europe.
The Chinese banking industry needs to transform at the same pace as the changing economy and go abroad to serve enterprises that have overseas operations, President and CEO of China Merchants Bank Ma Weihua said on Sept 14.
Chinese Premier Wen Jiabao said on Sept 14 that China will follow the strategy of expanding domestic demand while focusing on improving demand structure to drive economic growth.
Chinese Premier Wen Jiabao said on Wednesday that the nation's opening up to the outside world is a long-term commitment which covers all fields and is mutually beneficial.