1. Text: | Print|

      China's current economic growth normal: expert

      2014-06-24 07:50 Xinhua Web Editor: Qin Dexing
      1

      Renowned Chinese economist Li Yining on Monday refuted the notion that China's economy is in decline while noting that the previous high growth rates were "not normal."

      "The previous 9 to 10 percent growth rates were to cope with the global economic crisis, and they were actually not normal. It won't do us much good if we keep that up," said Li, a national political advisor, at a meeting of the Standing Committee of the Chinese People's Political Consultative Conference National Committee, China's top political advisory body.

      Li said that China's current GDP growth should be higher than the released figure, citing that housing construction in rural areas, the significance of which is growing fast in China, is not included in the country's GDP calculation while it usually is in developed countries.

      According to Li, other fast-developing fields such as the incomes of maids and nannies as well as rural roads and bridges built in charity programs were not encompassed by China's GDP either.

      He also refuted doubts concerning the authenticity of China's GDP figures.

      "Some state-owned companies might make false reports to showcase their performances. However, the discrepancy can only be small, otherwise, it will be easily detected during auditing," according to the political advisor.

      Meanwhile, private businesses, which contribute more than half of China's GDP, will do anything to report less due to taxation concerns, Li added.

      He warned that a roller coaster-style trajectory will not be good for China's economic growth in the long run.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 免费无码又爽又刺激高潮软件| 亚洲精品无码一区二区 | 亚洲日产乱码一二三区别| 无码av免费一区二区三区| 国产亚洲一区二区三区在线观看| 免费无码国产在线观国内自拍中文字幕 | 国产精品自在自线免费观看| 色噜噜亚洲男人的天堂| 91免费资源网站入口| 亚洲激情视频图片| 中文字幕人成无码免费视频| 亚洲冬月枫中文字幕在线看| AV无码免费永久在线观看| 亚洲性色AV日韩在线观看| 午夜一级免费视频| 国产亚洲综合久久| 狠狠色婷婷狠狠狠亚洲综合| 日本一区午夜艳熟免费| 亚洲美女在线观看播放| 两性刺激生活片免费视频| 亚洲日本一线产区和二线产区对比| 日韩免费观看的一级毛片| 大片免费观看92在线视频线视频| 亚洲伊人久久综合影院| 国产午夜无码精品免费看| 内射少妇36P亚洲区| 国产免费毛不卡片| 精品亚洲视频在线| 狠狠亚洲婷婷综合色香五月排名| 久久久久免费看黄a级试看| 亚洲日本国产综合高清| gogo全球高清大胆亚洲| 日本免费电影一区二区| 亚洲中文无码av永久| 亚洲国产高清在线一区二区三区 | 久久午夜伦鲁片免费无码| 91丁香亚洲综合社区| 亚洲精品综合久久| 91精品视频免费| 成人免费夜片在线观看| 久久久久亚洲精品日久生情|