国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Japan

Tokyo forum finds new momentum of Chinese economic growth

By Jiang Xueqing in Tokyo | chinadaily.com.cn | Updated: 2024-05-23 09:50
Share
Share - WeChat
Chinese scholars share their views on the current state and future trajectory of China's economy during a lecture held by the Chinese Embassy in Japan on Wednesday. [Photo by Jiang Xueqing/chinadaily.com.cn]

Chinese scholars visiting Tokyo shared their views on the current state and future trajectory of China's economy, refuting claims from some countries that China's economy has peaked and is facing overcapacity.

During a lecture held by the Chinese Embassy in Japan on Wednesday, Chen Weidong, director of the Research Institute of Bank of China, told the audience that based on the current situation, there is still significant growth potential in China's real estate market.

Currently, the per capita housing area in China is 25 square meters. As urbanization progresses and the average housing area per person expands, combined with the rigid housing demand from college graduates each year, it is estimated that China will need around 1 billion square meters of new housing annually until 2035, Chen said.

Overall, China's real estate market is seeking a new balance between supply and demand, aiming to maintain stable demand while ensuring housing prices do not experience significant adjustments, he added.

On the issue of local government debt, Chen pointed out that by the end of 2022, the debt ratio of China's local governments was 55.72 percent. Including about 60 trillion yuan ($8.29 trillion) in debt from local government financing vehicles, the overall debt ratio of local governments was approximately 105 percent.

During a lecture held by the Chinese Embassy in Japan on Wednesday, Chen Weidong, director of the Research Institute of Bank of China, says China's capacity utilization has remained at a stable and reasonable level over the long term. [Photo by Jiang Xueqing/chinadaily.com.cn]

The Chinese central government's solution is to set clear debt limits for local governments and implement special policy measures, such as refinancing bond issuance and short-term interest rate cuts, achieving debt swaps, optimize the debt maturity structure, and reduce interest burdens, he said.

"It's important to emphasize that a large amount of local government debt in China has been invested in high-quality assets, such as infrastructure and emerging industries. Therefore, both local and central governments have substantial asset bases to support this debt," he said.

According to a report by the Institute of Finance and Banking at the Chinese Academy of Social Sciences, local governments have a large asset scale to cover their debt burden.

Additionally, local governments have various measures to advance debt resolution. Therefore, Chinese government debt will not pose a systemic risk, Chen said.

Regarding remarks on China's so-called industrial overcapacity, Chen said capacity utilization should be viewed in a global market context rather than limited to a single country.

Globally, in 2023, the capacity utilization rates were approximately 77 percent for the United States, 79 percent for the European Union, 78 percent for Canada, 74 percent for India, and about 76 percent for China. Over the long term, China's capacity utilization has remained at a stable and reasonable level, he said.

Some countries claimed that China's new energy vehicle industry is facing so-called overcapacity. Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics, said from the perspective of the global green transition, NEVs are still in their early stages and there is significant market potential.

Currently, the global NEV fleet is around 30 million vehicles, with 20 million of these in China. However, the total number of vehicles worldwide is 1.45 billion. The share of NEVs is very small. Even converting only half of the existing gasoline vehicles to NEVs could take many years, Tu said.

Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics, says in Tokyo that from the perspective of global climate change mitigation, the development of China's new energy vehicle industry should be encouraged, not feared. [Photo by Jiang Xueqing/chinadaily.com.cn]

The global penetration rate of NEVs, meaning the proportion of NEVs in new car sales, is only 15.7 percent, indicating significant growth potential, he added.

"The rapid development of China's NEV industry in recent years has raised some concerns, which essentially boil down to discomfort with new competition. This is understandable, but it's important to view the development of this emerging industry with a long-term perspective as it presents numerous possibilities," Tu said.

He noted that although Chinese NEV companies do have a relatively good first-mover advantage, having a first-mover advantage does not mean they will always lead, nor does it mean that latecomers will never have a chance.

"Thus, some countries are overreacting by adopting trade protection measures against China's leading position in the NEV field. Moreover, from the perspective of global climate change mitigation and achieving a green transition, the development of China's NEV industry should be encouraged, not feared," he said.

Some US and EU media attribute the success of China's NEV industry solely to government sup-port, which is a very one-sided view. In fact, China's success in this field is due to a combination of proactive government policies and an effective market, Tu said.

He further explained that the government does not pick specific companies to support directly with subsidies for NEVs. Instead, subsidies are given to consumers, allowing them to choose the products they prefer.

Moreover, China has significantly opened up market access in the NEV field, allowing many new car manufacturers to enter this sector, including private and foreign companies, rather than reserving market opportunities for State-owned enterprises, Tu said.

Over the past 40 years, China's economic growth has been heavily driven by factor inputs — capital and labor. In the future, China's economy is likely to be driven more by total factor productivity, or TFP, growth, said Liu Qiao, dean of the Guanghua School of Management at Peking University, who believes that it is possible for China to maintain a TFP growth rate above 2 percent.

One major source of TFP growth is technological advancement and improved resource allocation efficiency. China's re-industrialization, or digital transformation of industries, presents significant potential for productivity improvements. Developing new infrastructure necessary for re-industrialization requires substantial investment, which will create immense opportunities for technological change and efficiency gains, Liu said.

Liu Qiao, dean of the Guanghua School of Management at Peking University, tells the audience of a lecture in Tokyo, on Wednesday, that the Chinese government has the space to further implement proactive fiscal policies. [Photo by Jiang Xueqing/chinadaily.com.cn]

Another area that can boost TFP growth is carbon neutrality. To achieve the dual carbon goals, it is estimated that China will need to invest nearly 300 trillion yuan by 2050, he said.

Liu highlighted the importance of sustaining a certain level of investment rate and to invest in future key sectors, such as new infrastructure and strategic emerging industries.

In his opinion, future key areas include technological innovation. This involves creating a high-level circulation of technology, finance and industry, where financial support fuels technological advancements, driving industrial innovation.

Other key areas include carbon neutrality, the Internet of Things, high-end manufacturing, and in-vestment opportunities arising from the integration of rural populations into urban areas.

The Chinese government also has the space to further implement proactive fiscal policies, with many tools at its disposal, Liu said.

"China's national debt stands at 25 trillion yuan, about 20 percent of GDP. The central government has substantial room to issue national debt to address short-term challenges. Over the next decade, we believe there is room for China's national debt to increase by 60 to 70 trillion yuan," he said.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . 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: 130349
FOLLOW US
亚洲精品国久久99热| 黄色毛片免费看| 日韩欧美伦理| 久久国产66| 亚洲欧美乱综合| a视频在线观看| 在线视频资源站| 中文字幕日产av一二三区| 成人黄18免费网站| 成年人网站在线免费观看| 免费激情小视频| 轻轻操 在线观看| 免费电影网站在线观看| 91成品视频入口| 国产精品乱码一区二区三区视频| 欧美xxxxx18| 欧美妇乱xxxxx视频| 欧洲人成人精品| 在线观看av资源| 另类视频欧美| 久久亚洲国产中v天仙www| 男女视频网站| 亚洲国产精品久久久久婷婷软件| 中文字幕成人乱码在线电影| 中文字幕jux大岛优香| 亚洲午夜久久久久久久| 午夜视频一区二区在线观看| 高h视频在线播放| 人妖欧美1区| 高清毛片在线观看| 欧美第一视频| 国产精品99| 四虎精品一区二区免费| 999精品嫩草久久久久久99| 成人动漫视频在线观看| 亚洲成人影音| 午夜先锋成人动漫在线| 国产一区三区在线播放| 天天躁日日躁狠狠躁欧美巨大小说 | 中文字幕欧美一区二区| 久久久久久久久久久电影| 成人av动漫在线观看| 欧美熟乱15p| 久久中文视频| 免费观看亚洲| 米奇在线777| 99热在线网站| 日本高清中文字幕二区在线| 91露出在线| 在线观看小视频| 青草在线视频| 亚洲一区二区三区四区| 精品午夜视频| 国内黄色精品| 国内精品久久久久久久97牛牛 | 精品日产免费二区日产免费二区| 久久福利影院| 中文久久精品| 精品一区二区免费视频| 99九九99九九九视频精品| 欧美国产亚洲另类动漫| 亚洲成人免费av| 欧美日韩在线播放| 亚洲成年人影院在线| 国产亚洲精品一区二区| 国产69精品久久久久99| 国产在亚洲线视频观看| h在线观看视频| 色视频在线播放| 日本在线免费播放| 色戒汤唯在线观看| 精品国产伦一区二区三区观看说明 | 亚洲图片欧美日产| 海角国产乱辈乱精品视频| 精品一区二区三区在线成人| 成人影院在线观看视频| 黄色在线播放| 在线看片福利| 高潮按摩久久久久久av免费| 99视频精品全部免费在线视频| 亚洲欧美日韩国产综合精品二区| 亚洲精品专区| 美国做受三级的视频播放| 国产美女视频网站| 天天操夜夜操免费视频| 一区二区三区性视频| 在线播放国产精品二区一二区四区 | 日韩一级成人av| 亚洲天堂久久av| 97精品国产91久久久久久| 国产精品美女一区二区视频| 橘梨纱av一区二区三区在线观看| 污视频网站入口| 久久久久久久久电影| 国内国产区免费视频| 独立日3在线观看完整版| yourporn在线观看中文站| 亚洲综合电影| 久久精品色综合| 亚洲香蕉网站| 成人免费视频网站在线观看| 一区二区三区视频在线观看 | 一级欧洲av| 六十路在线观看| 美女福利一区二区| 国产免费久久| 日韩精品乱码免费| 欧美韩日一区二区三区四区| 在线观看不卡视频| 中文字幕国产精品久久| 精品推荐国产麻豆剧传媒| 午夜黄色一级片| 日本在线观看大片免费视频| 999久久精品| 99精品视频免费观看| 99国产麻豆精品| 一本色道久久加勒比精品| 亚洲一区www| 狂野欧美激情性xxxx| 男女激情片在线观看| 日韩在线伦理| 国产精品片aa在线观看| 精品一区二区三区在线播放| 有码一区二区三区| 精品裸体舞一区二区三区| 欧美精品激情视频| h片在线观看视频| 无遮挡的视频在线观看 | 8x8x8国产精品| 欧美精品免费在线| 秋霞午夜剧场| 黄网站免费在线播放| 国内老司机av在线| 亚洲成年人在线播放| 亚洲精品98久久久久久中文字幕| 69影院欧美专区视频| 舔足天天操天天射| 羞羞视频在线观看不卡| aaa国产精品视频| 中日韩男男gay无套| 国产欧美1区2区3区| 欧美一级在线免费| 97精品国产aⅴ7777| 91原色影院| 国产高潮在线| 99精品视频在线观看播放| 国产一区二区三区免费在线观看| 亚洲第一在线综合网站| 中文字幕不卡在线视频极品| 青娱乐在线视频观看| h视频在线免费观看| 欧美网色网址| 狠狠久久亚洲欧美| 欧美日韩综合视频| 久久成人国产精品| www浪潮av99com| h片视频在线观看| 亚洲免费专区| 国产成人精品亚洲777人妖| 91搞黄在线观看| 欧美日本亚洲视频| 欧美承认网站| 福利视频亚洲| 午夜影院日韩| 亚洲精品视频在线观看网站| 一色桃子一区二区| 2019国内自拍| 亚洲欧洲美洲av| 欧美午夜不卡| 亚洲三级在线免费观看| 亚洲色图25p| www.青青青| 涩涩视频在线免费看| 欧美.www| 亚洲欧美综合色| 中文字幕欧美亚洲| 男女人搞j网站| 久久九九热免费视频| 精品国产不卡一区二区三区| 欧美五级在线观看视频播放| 国产二区在线播放| 日韩欧美美女在线观看| 香蕉久久一区| 中国国产一级毛片| 19禁羞羞电影院在线观看| 五月天综合网站| 国产日韩欧美激情| 亚洲精品日韩欧美| 被弄出白浆喷水了视频| 中文字幕在线直播| 国产手机视频一区二区| 无吗不卡中文字幕| 久久久久中文字幕2018| 在线观看h视频| 国产欧美自拍一区| 成人性视频免费网站| 精品国产伦一区二区三区观看体验| 91sese| 麻豆网站免费在线观看| 国产视频一区三区| 色综合 综合色| 欧美亚洲在线播放| 欧美激情午夜| 亚洲精品一二三区区别| 亚洲免费在线视频| 欧美激情视频一区| 精品久久久久一区二区三区 | 91精品婷婷国产综合久久性色 | 久久免费的精品国产v∧| 日韩成人激情视频| 天天操天天擦| 久久久国产精品入口麻豆| 韩国欧美一区二区| 日韩女优av电影| 在线观看91av| 久久只精品国产| 在线观看视频一区二区欧美日韩| 一本久道在线| 97影院秋霞午夜在线观看| 中文字幕乱码亚洲无线精品一区| 国产精品美女久久久久久久| 久久精品福利视频| 一级片在线视频| 黑丝美女一区二区| 国产精品久久久久天堂| 欧美精品日韩www.p站| 蜜桃视频在线播放| 91亚洲国产成人久久精品| 亚洲欧美福利一区二区| 97福利一区二区| 精精国产xxxx视频在线| 欧美日韩国产精品一区二区亚洲| 亚洲va国产va欧美va观看| 亚洲不卡1卡2卡三卡2021麻豆| 岛国中文字幕在线| 99亚洲视频| 欧美优质美女网站| 国产成人免费视频app| 在线中文字幕播放| 国产一区二区三区在线看麻豆| 欧美精品一区二区三区蜜臀| 天天曰天天操| 成人av影音| 国产精品久久久久永久免费观看| 欧美激情手机在线视频| 欧美三级黄网| 欧美资源在线| 日韩区在线观看| ckplayer中文字幕| 久久av免费| 亚洲综合在线免费观看| 69av在线播放| 国产传媒在线观看| 老司机免费在线视频| 中文字幕亚洲自拍| 亚洲成人一二三| 日韩视频精品在线观看| 老色鬼在线视频| 国产69精品久久久久9999小说| 亚洲精品在线免费观看视频| 九九热爱视频精品视频高清| 成人性生活视频| 国产高清久久久久| 综合av色偷偷网| 91在线导航| 久久裸体视频| 亚洲国产天堂网精品网站| 360天大佬第二季在线观看| 欧美亚洲国产激情| 精品毛片网大全| 一代武则天秘史| 亚洲视频国产| 中文字幕一区在线观看视频| 中国xxx69视频| 一呦二呦三呦精品国产| 97se亚洲国产综合自在线观| 欧美日韩国产成人在线观看| 日本孕妇大胆孕交无码| 国产一区二区三区四| 神马久久桃色视频| 九七久久人人| 久久国产精品一区二区| 一区二区在线视频| 成人无遮挡免费网站视频在线观看| 日韩1区2区3区| 亚洲一区二区久久| av网站在线免费播放| 日精品一区二区三区| 亚洲色图18p| 麻豆网站在线看| 久久国内精品视频| 日日噜噜噜夜夜爽亚洲精品| 国内精品久久久久久野外| 九九**精品视频免费播放| 中文字幕欧美日韩| 日日夜夜天天综合入口| 成人在线免费观看网站| 久久成人精品无人区| 91香蕉视频在线| 自拍偷拍亚洲精品| 美足av综合网| 成人高清在线视频| 国模视频一区二区| 欧美三区四区| 中文字幕 久热精品 视频在线| 色综合天天做天天爱| 麻豆成人综合网| 26uuu成人网一区二区三区| 欧美日本亚洲视频| 在线免费av资源| 久久亚洲综合色一区二区三区| 亚洲成人精品在线观看| 国产精品正在播放| 不卡一区二区中文字幕| 久久不射热爱视频精品| 在线观看网站免费入口在线观看国内 | 99九九热只有国产精品| 在线播放国产精品二区一二区四区 | 亚洲www啪成人一区二区| 久久久综合视频| 青青青青久久精品国产一百度| 免费观看在线一区二区三区| 亚洲一区二区不卡免费| www.777色| 欧美一区二区三区久久精品茉莉花| 日韩精品专区在线影院重磅| 国模精品一区二区| 韩国av一区二区| 久久久久中文字幕2018| 国产一区二区在线观| 亚洲成人激情av| 丰满少妇又爽又紧又丰满69| 黄色日韩在线| 国产亚洲精品美女| 中文在线8资源库| 中文字幕在线播放不卡一区| 无遮挡h肉3d动漫在线观看| 区一区二视频| 亚洲丁香久久久| www在线免费观看视频| 99精品黄色片免费大全| 欧美特级xxxxbbbb毛片| 美女久久99 | 午夜精彩视频| 免费在线成人| 久久成人精品一区二区三区| 成人国产精品一区二区免费麻豆| 一区二区理论电影在线观看| 黄网免费视频| 性色一区二区| 久久97久久97精品免视看| 91麻豆精品| 欧美视频第一页| 永久免费在线| 国产一区二区91| av亚洲男人天堂| 亚洲尤物av| 欧美成人艳星乳罩| 男女羞羞视频在线观看| 欧美激情一区二区三区全黄| h在线观看视频免费网站| 99精品视频网| 欧美福利视频在线观看| 亚洲视频一起| 91精品在线观看入口| aaa大片在线观看| 国产精品久久久久影院| 天天爱天天做色综合| 久久精品五月| 91爱视频在线| 久久av超碰| 亚洲另类图片色| 成人日韩在线观看| 一本色道亚洲精品aⅴ| 日本成人一区| 91丝袜国产在线播放| 午夜免费入口| 99精品热视频只有精品10| 欧美极品少妇xxxxx| 国产精品chinese在线观看| 欧美一区二区三区在线视频 | 国产一区二区伦理片| 人xxxx性xxxxx欧美| 午夜精品毛片| 久久精品国产清自在天天线 | 国产探花在线精品| 亚洲国产欧美在线成人app| 欲香欲色天天天综合和网| 午夜av一区二区三区| 国产黄色在线| 国产亚洲女人久久久久毛片| 天天夜碰日日摸日日澡| 美女免费视频一区二区| 亚洲精品一区中文字幕电影| 亚欧美无遮挡hd高清在线视频| 日韩在线观看免费高清完整版| 亚洲精品一区在线| 欧美精品一区二区三区蜜桃| 三上悠亚一区二区| 在线中文字幕一区|