2014-06-24

Xinhua News Agency: Everything That Has Transpired Has Done So According to the CCP's Design, Your Bearish Friends Are Walking into A Trap, Our Printing Presses Are Quite Operational

The media organs doth protest too much, methinks.

China's central bank more than the availability of sharp weapons yet scabbard. China has the ability to maintain high economic growth, but policy makers intentionally "brakes", control the property market and other industries are also active whom.

新华社回应唱空:央行多件锋利兵器尚未出鞘
"China Economic Where "has never been so affected by the current global concern. Whether "micro-stimulus" will be coded as "strong stimulus"? Ambitious roadmap for reform can be completed? This is the heart of a series of question marks skeptics. However, they missed the point, China's economy is experiencing "short-term pain," perhaps reform "long policy" in the proper meaning.

In the eyes of the pessimist, the Chinese economy this year seems no shortage of "bad news": a quarter of China's economic growth dropping to the lowest level since the six quarters of 7.4% in the first five months of China's fixed asset investment up 17.2% nominal growth over the first four months fell 0.1 percent in May half the cities ring prices fell ......

In questioning the river on the left bank , some people worried, slightly lower than the 7.5% economic growth in China would collapse, the property can be "kidnapped" the entire Chinese economy. In questioning the right bank of the river, has been criticized China's economy too dependent on fixed asset investment, and even some of the necessary investments have been challenged to create a bubble. Questioned the river can not specify a negative energy vortex ship heading for the Chinese economy.

Always advisable global volume. Judge a country's economy, as the gymnast to score, was not to forget the scoring criteria and other participating opponents. American intellectual Kubidesen Institute for International Economics researcher Lu Ruian noted that the current global economic growth to about 7.5% more than the country, except for China are a "small body mass." Economies.

Dialectical always advisable amount. There is no free lunch, in the era of globalization, many industries have been pre-empted his country, and whether the cost of difficult economic adjustment and industrial upgrading. American, Asian Tigers have experienced high economic growth in the medium-speed shift and transition pains. Overall, the current international economic situation over the financial crisis period has improved, providing opportunities for the "window period" for the Chinese economic restructuring.

High economic growth alone is not difficult to find, China is seeking the optimal balance point between growth and quality of this great game needs to seek good for the good. IMF Secretary-General Lin Jianhai stressed that China's reform measures may reduce some of the growth, but should focus on the long-term sustainable and healthy development. Short-term economic structural reforms can lay a solid foundation for the long-term quality and efficiency, Huang Yiping, a professor at Peking University and other experts believe that China's economic growth accelerated or stable before a certain slowdown is normal.

Always advisable full amount. China's economic rise is a key factor in reshaping the global economic landscape, but in recent years the economy has also been short-term imbalances exposure, compared with the high growth in investment and exports, consumer demand remained weak, photovoltaic and other serious industry overcapacity, credit, Shadow banking and the rapid expansion of the property revealed the risk of overheating. This requires policy makers proactively inverse cycle regulation, as the Chinese economy to "virtual fire", added "strength", reducing imbalances, reducing risk.

Changes in short-term economic fluctuations affect the total demand by the long-term economic growth potential supply capacity by the decision to release the source of long-term growth is through reform and improve the bonus potential supply capacity. Careful observers will notice that China recently adopted a policy of tax cuts for the focus groups, including employment and entrepreneurship, to encourage innovation, lower barriers to entry in some sectors reforms, such as improving the supply side, rather than just short-term emphasis on demand-side management.

The key is to hit the reform of art, to complete the reform roadmap requires anyone. Premier Li Keqiang at the recent General Assembly for academicians report stressed that while adhering to pay more attention to the regulation range directional control, aiming to determine the operation of the outstanding problems in control "targets" in the precise, timely and appropriate efforts.

World Bank President Jim Yong Kim commented that the new Chinese leadership on the world and domestic economy has a very profound understanding. Observers believe that Xi Jinping, China's top leaders recently proposed "new normal" thinking, in response to shifting economic growth, structural adjustment and reform throes of tackling the challenge, "three" special stage of the intersection of the direction.

Always advisable objective quantity. Skeptics often one-sided emphasis on downside risks to China's economy, while ignoring the Chinese government "steady growth" policies have the resources and space. Li Keqiang during his recent visit to the United Kingdom made ​​it clear that China's economy will not "hard landing." From a global perspective, China government debt to gross domestic product (GDP), the ratio is not high, China's central bank more than the availability of sharp weapons yet scabbard. China has the ability to maintain high economic growth, but policy makers intentionally "brakes", control the property market and other industries are also active whom.

Can the successful transformation of the Chinese economy has been plagued by doubts. Although China's economic growth for three consecutive years to go slow, but the momentum has not diminished employment, tertiary industry proportion of GDP last year for the first time in more than a second industry, a significant decline in China's current account surplus to GDP ratio ...... these signals remind skeptics, initial results of China's economic transformation has quietly emerged.

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