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 General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

SKorea's Lee: recovery needs 2 more years

(Xinhua)
Updated: 2009-05-22 21:25

SEOUL -- South Korean president Lee Myung-bak said Friday that the South Korean real economy may need two more years to get back on track despite of some optimistic signs.

Related readings:  China, Japan, S Korea reach agreement on reserve pool  S.Korea ex-president's wife, son quizzed  S.Korea considers importing spy aircrafts from US  Seoul confident in success of G20 summit  S.Korean President Lee visits street vendors in Seoul

"Despite some assumptions that economic indicators may show improvements by the end of the year, it will take one to two more years for a recovery in the real economy," President Lee was quoted as saying during a meeting with executives of small companies.

President Lee also vowed to boost the government efforts to pull the local economy out of the current recession.

"In order to promote the country's competitiveness amid the economic crisis, the government will remove regulations, along with focusing on other necessary changes," Lee said.

The South Korean economy, Asia's fourth-largest, is expected to shrink 2.4 percent this year, according to the nation's central bank.