Monetary easing and fiscal expansion will temporarily help ease the pressure of economic downturn. However, the ultimate solution for China to achieve long-term stable and high-quality economic growth is structural reforms, leading economists said.
Debt ratios of local governments in China are at a record high and their weakening ability to generate revenue will create a debt crisis if the issue is not addressed, warned experts at Caijing magazine's annual conference in Beijing on Wednesday.
Caijing Annual Conference, one of the most influential annual economic and financial summits in China, is being held from Nov 25 until Nov 27.
There are dangers and opportunities in the global warming crisis but the real crisis is how we take the opportunity to solve the danger, said Al Gore, former vice-president of the United States.
The eighth International Exhibition of Inventions in Kunshan, Jiangsu province provided a venue for inventors to exchange ideas and seeking collaboration opportunities, according to organizers.
The first national-level copyright auction for movie and TV content next month is expected to increase the weight of screenwriters in the industry, said organizers of the event.
As the senior leader-ship of China has articulated the need to encourage market-driven behavior to promote efficiency and economic growth, many companies are re-evaluating how they do business in China.
Travel | Zhang Chunyan
Share prices rallied to a three-year high in the Chinese mainland on Monday after the central bank cut interest rate, but doubts still remain on whether it would be enough to bolster market liquidity and sustain the bullish trend, analysts said.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
