Local demand the key
Source: Xinhua |
November 8, 2009, Sunday
|
Print Edition
Print Edition
CHINA should look for economic growth in the next year by boosting domestic demand instead of waiting for a recovery in the global economy, a senior economist said yesterday.
"The world's economy is recovering but it will need more time, so China should rely on increasing domestic demand and expanding home markets," said Yao Jingyuan, chief economist of the National Bureau of Statistics.
At the 4th China International Oils and Oilseeds Conference in Guangzhou, capital of Guangdong Province, Yao said external demand for Chinese products was still weak even though the drop in exports had decelerated in the last three quarters.
Yao added the global recovery would be slow.
"The world's economy is recovering but it will need more time, so China should rely on increasing domestic demand and expanding home markets," said Yao Jingyuan, chief economist of the National Bureau of Statistics.
At the 4th China International Oils and Oilseeds Conference in Guangzhou, capital of Guangdong Province, Yao said external demand for Chinese products was still weak even though the drop in exports had decelerated in the last three quarters.
Yao added the global recovery would be slow.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
