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China's economic growth will be slow
2009-12-28 17:08:17
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Well-known economist, the National School of Administration policy-making Consulting Fellow, Wang Xiao-Guang a central think-tank experts, he believed that China's current policies to stimulate economic recovery is the result of, not the market's own recovery, the next few years the momentum of China's economic growth will improve, there will be no "V" form of speed up the situation.Likely to be "W"-shaped, that is, the short-term bullish, medium-term bearish, long-term cautious optimism.

Wang Xiaoguang said the present situation it is difficult to improve the external environment to the 2000 annual growth of 20% -30% level. China is an export-dependent country, foreign exchange will be to a large extent reduce the binding constraints to growth of insufficient external demand it difficult to support China's current growth path.Pattern of the past, there is no way to continue, while China's new growth point for another uncompetitive. In addition, the problem of inadequate domestic demand has become increasingly acute. The potential of domestic demand is not without point, but the bigger obstacles, such as China gradually widening income gap between the current real estate market development over other issues.On the other hand, China is not only the adjustment of the financial crisis, mainly its own restructuring. Such adjustments as early as 4 quarter of 2007 have been implemented. Two factors slowed the rapid growth of China's economy, this state may last until 2012.

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