China won’t allow economy to nosedive








BEIJING  |  2015-03-05 11:51:10


China won’t allow

economy to nosedive


By Liu Xinyong



China’s 2015 economic growth target was lowered to around 7 percent — a level not seen since 2004 — in a government work report delivered by Premier Li Keqiang on Thursday of March 5.


The slight kickdown has attracted global attention, as China is the world’s second largest economy, the leading recipient of foreign direct investment and the biggest trade partner of more than 120 countries and regions.

The announcement has been ideal fodder for media sensation. Some stubbornly argue that China’s economy is losing steam and growth may plunge to 6 or even 5 percent, spelling disaster for both the Chinese and world economies. Think about it: China’s iron ore imports are greater than those of all other countries combined.

Like playing chess, green hands can only see a couple steps ahead, while a master will see far beyond before making any moves. For those who stand higher, look farther and are open-minded, it is not hard to conclude that it is impossible for China’s economy to nosedive because the Chinese government won’t let it happen.

The truth is, the adjustment of China’s growth forecast is not the end of the world, but rather a rational decision based on understanding of complicated situations at home and abroad and a move to suit the “new normal” that China faces.

The ultimate goal of the adjustment is to maintain steady and healthy growth, help deepen reforms, improve people’s well-being, and allow the world to share the benefits of China’s development.

Looking one step further, China’s economy still enjoys sound fundamentals with no possibility of any hard landing. Though China’s 2014 growth rate of 7.4 percent was the lowest in 24 years, it far outpaced 2.4 percent for the United States, 0.9 percent for the euro zone and a paltry 0.04 percent for Japan.

China’s economy topped 10 trillion U.S. dollars for the first time last year, with the year-on-year increase in gross domestic output higher than Turkey’s economy.

Yes, China has geared down to medium-high growth, but it is taking firm strides forward toward high-quality, efficient growth. Driven by the new engine of entrepreneurship and innovation, as well as the traditional engine of public products and services, China’s growth will become even steadier.

The starting point of the socialist state is serving its people. The Chinese government is obliged to provide people with better education, stable work, higher salary, better social security and medical care, comfortable living conditions and a pleasant environment.

Adequate resources are the foundation for realizing any of these objectives. Without relatively fast growth, the goals might end up being empty promises.

The Communist Party of China has gained tonnes of experience in guiding the large nation’s economic development in past decades. Its mission is to lead the people in achieving the great rejuvenation of the Chinese nation.

During this process, China needs to build a moderately prosperous society, deepen reforms, advance the rule of law and strictly govern the Party, which are all closely linked to and guaranteed by reasonable economic growth.

As a responsible and open country, China is willing to share the benefits of its own development. This philosophy of mutual benefit serves as a strong driver of world growth.

For decades, “Made in China” products have flooded global markets and brought benefits to people in every corner of the world. China is also an active advocate for multilateral efforts such as the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

To honor all those commitments, China will not allow its economy to go into a free fall.

China’s economy is not on the edge of a cliff, but at a new starting point. It has not left a golden period, but is embracing new opportunities. Those who have hopped on China’s fast train will gain endless benefits.










  1. Bennysap wrote:

    [url=]Kamagra 100 Chewable Tablets[/url]

  2. x wrote:

    Hey there, You’ve performed an excellent job. I will definitely digg it and in my view suggest to my friends.

    I am sure they’ll be benefited from this site.;u=119994

  3. AaronFus wrote:

    [url=]proventil for sale[/url]

  4. DouglasswafT wrote:

    [url=]cipro cost[/url] [url=]kamagra gold[/url] [url=]generic metformin[/url] [url=]lexapro[/url] [url=]Cortisol Prednisone[/url]

  5. CharlesWet wrote:

    [url=]lasix[/url] [url=]synthroid[/url] [url=]Amoxicillin[/url] [url=]lexapro[/url] [url=]generic cialis discount[/url] [url=]cheap cialis[/url] [url=]propecia[/url]

  6. Bennysap wrote:

    [url=]clomid online[/url]

  7. Michaelcaulp wrote:

    [url=]lisinopril hydrochlorothiazide[/url] [url=]Canadian Pharmacy Cialis[/url] [url=]Propranolol[/url] [url=]lexapro 5mg[/url]

  8. AaronFus wrote:


  9. DouglasswafT wrote:

    [url=]sildenafil 100mg[/url] [url=]cialis price[/url] [url=]Xenical[/url] [url=]xenical[/url] [url=]Atenolol[/url]

  10. DouglasswafT wrote:


  11. Spot on with this write-up, I absolutely believe this amazing site needs much more attention. I’ll
    probably be back again to read through more, thanks for the advice!

  12. Tһey won’t embrace the ⅼacrosse head or pockets.

    Here is my blog how to play lacrosse goalie video

  13. Coreyjer wrote:

    Search within English people part of Political science.Legal and punishable aspects of surrogacy.

    Tips for Coping with Infertility.What is Physiological state Direction.


    The motivations of surrogates are also thing to gender constraints.They need money to keep their families, to bring to their own family’s well-being.

    [url=]Surrogacy[/url] is debatable around the world, upbringing knotty moral, social and legal issues.As a result, the legal position varies considerably.

    Are there any legal issues to deliberate.Surrogacy involves a lot of complicated legal issues which is why you should seek free legal advice, peculiarly if you’re having idiom foreign.

    Foreigners have the same rights to assisted breeding as Russian citizens.Within three days after the birth, the authorisation parents obtain a Russianwith both their names on it.

    Moreover, in the studies advised here, the eld of the surrogates didn’t experience a copy of the concordance.During the whole surrogacy [url=][/url] knowledge and until the act of relinquishment, surrogates are under the supervision of cause.


  14. Hello great blog! Does running a blog similar to this require a large amount of work?
    I’ve no expertise in computer programming but I was hoping to
    start my own blog soon. Anyways, if you have any recommendations or techniques for new blog owners please share.
    I understand this is off subject but I simply wanted to ask.
    Appreciate it!

  15. I visited several web sites but the audio quality for audio songs current
    at this web page is in fact superb.

  16. Jasontring wrote:

    Smart audio system have taken some sort of significant piece of the loudspeaker market over the past twenty-four many months, with The amazon online marketplace and Google and yahoo the two proclaiming superior-sounding types of their Match plus Google Home intelligent speaker systems [url=][/url], Apple mackintosh releasing their first-ever smart speaker, and even classic phone speaker companies, just like Bose and Sonos, in addition getting in on the motion. With their ease of create, their capability to control your current smart property gizmos in addition to answer questions, and also wireless network play with other clever speakers, its no wonder that smart speakers possess regular loudspeaker manufacturers running worried.

    But there will usually be a market with regard to bookshelf loudspeakers. Why? Because stereo sound is special. Music that has been recorded inside stereo, has to be listened to be able to in that format unless we are content along with listening to solo loudspeakers once more that try to replicate stereo or even surround sound with multiple car owners crammed into an confinement the length of some sort of coffee can. Audio system bookshelf loudspeakers do a good quite convincing job recreating the soundstage; the bodily space (studio, garage, popular music hall) where the tracking was made and this impression of being there using your favorite artist is a good major part of the experience. They also replicate the scale of the tracking in a good considerably more effective way; crank Led Zeppelins Kashmir by way of an Apple HomePod and even you will learn only how inadequately smart loudspeakers reproduce typically the dynamics connected with a challenging trail.

    [b]Active Versus Passive[/b]

    Cellular clever speakers are in addition constrained by the hyperbole the fact that manufacturer has stuffed inside; space constraints almost influence the use of Category D or switching amplifiers that are better in comparison with classic linear audio receivers, which call for large heatsinks to help pass heat. Course N audio receivers have enhanced greatly in recent years within regard to sound quality in addition to require less room, are cheaper, and think about fewer.

    If you really love sound quality, you own plenty of passive (which require amplification) in addition to effective loudspeaker (with built-in amplification) options to select via. Passive loudspeakers are more flexible as possible experiment along with distinct types of audio receivers, DACs, and placement choices. Active loudspeakers are the far better option for fans who also dont want typically the included charge of many parts, and even an tools rack filled up with cables. This trade-off with any lively loudspeaker is that you simply are focused to how the ultimate product sounds. There is definitely no way to try out another augmenter or DAC (Digital-to-Analog Converter) to alter requirements. Active loudspeakers as well require at least a single of the loudspeakers being plugged into the wall membrane; limiting how you fixed the phone speaker up within your space. One particular factor is for certain, there is absolutely no shortage of affordable passive or even active bookshelf audio speakers for everyone types of areas.

    [b]Analog or even Wireless[/b]

    Its furthermore worth considering wireless bookshelf speakers [url=][/url] if you would like the solution to stream audio tracks straight from your laptop, capsule or personal computer. A lot of newer models currently have either built in wi-fi, Bluetooth or equally. In addition to being really uncomplicated to use, this included connectivity gives mobile bookshelf speakers a good small number of distinctive advantages over bookshelf speakers. They dont require a one on one interconnection to equally the amplifier and source, such as conventional analog speaker systems. They have fewer restrictions because to set-up locations or maybe built-in excess. And these people most likely support often the streaming services that anyone presently pay for.

    Inside of the past, the major Achilles heel for cordless speakers was sound quality, nevertheless that has taken a new major leap forward in new years, with goods such as KEF LS50 Wireless in addition to Devialet Phantoms. Wireless speakers now feature high-performance interior amplification, phono pre-amplifiers, DACs, and support for important streaming programs such seeing that Spotify Link, Airplay 3, Tidal, Thomas sabo, and other people. The one thing in order to always bear in mind with almost all wireless network speakers is of which they still need a strength source theyll have up a wall wall socket and some wifi types require a tether from the expert loudspeaker to the slave as being the amplification is only built into a single speaker.

    [b]Audio type[/b]

    Future buyers are usually often taken aback by the vast number associated with audio speakers available on the market. Admittedly, the getting experience becomes even even more scary when they learn the vast number of brands and models some of which are good, others not necessarily so much. In general, speakers fall into one connected with the following categories: monitors, P/A, sound bar, portable, satellite, floor-standing, wall/ceiling install, and bookshelf. Each group is crafted to a new particular employ case. To get example, floor-standing audio speakers are likely to be catered in the direction of home theaters, while portable speakers are best appropriate for on-the-go situations this sort of as picnics. If it comes to overall home entertainment, however, bookshelf audio system leadership supreme in terms regarding quality, ease-of-use, and usefulness.

    [b]Listening place[/b]

    Entry-level potential buyers are often shocked in order to find out how several seemingly unimportant variables effects a speakers sonic qualities. Your structure, as very well as common family goods such as carpets, sofas, and bookshelves, play a role in a good rooms acoustics. As some sort of basic rule, large audio system dont sound all very great in small areas for the reason that the bouncing sound mounds can interfere with every single other making muddy tonal quality. The inverse keeps true for modest speakers [url=][/url] in a large room.


    Next, you will need to think of some of the features you are right after. A good few things to always keep in mind include the kind of amplifier, driver measurement, input types, output sorts, power output, frequency variety, impendence, and lastly regardless of whether the audio is lively or passive.

    [b]Personal choice[/b]

    Lastly, you will want to place a few particular preferences. For example of this, will be you after aesthetic worth as well, or even does high quality far supersede seems? What do you think about the tonal coloration added simply by a few amplifiers? Do you prefer a sharper, unadulterated hearing experience, as well as is the warmness together with color furnished by means of a few audio receivers preferable? In addition, a person should consider what your audio system will certainly primarily turn out to be used for. That is, might they be included to your entertainment method to enhance your property show, or more often applied to listen to popular music? Are a person going to stream your special singing voice with one of these microphones? Can you primarily listen to the style thats heavily reliant within the mid & higher frequencies for example classical or jazz or bass-laden, lower regularity music just like techno, dubstep, or hip-hop?

    More: [url=][/url]

  17. small moves wrote:

    Hello to every , as I am truly keen of reading this blog’s post to be updated on a regular basis.

    It consists of good data.

  18. Excellent beat ! I would like to apprentice
    while you amend your website, how could i subscribe for a blog website?
    The account aided me a acceptable deal. I had been tiny bit acquainted of this
    your broadcast offered bright clear idea

  19. Coreyjer wrote:

    Mary Beth Milium/ Baby M surrogacycase that states began perusing surrogacy and going laws to disallow it or govern it.In 1986, in the wake of that case, then-Governor Mario Cuomo called for the New York State Task Force on Life and Law to study surrogacy.

    7 Over the past three decades surrogacy has gained a heightened multinational chart in the Occidental world.Parental Leave is on hand for suitable workers to take time off to look after a juvenile’s welfare, this leave is ordinarily complimentary. Maybe she is doing it out of generosity, for a friend, a girl or a sis. The right party CDS-PP and the European nation Ideology Party are opposed. M is a “traditional surrogate” as the fries were conceived and gestated using her own eggs. Many drew a differentiation between commercial surrogacy, which was mostly outlawed, and merciful surrogacy agreements. In particular, the guidelines hold the inbuilt worth of every person, who must not be used as a means to an end, for illustration through exploitation and commodification.

    What’s an physiological condition Dr..Boosting Your Physiological condition: Life style Modifications.


    Also controversial is the issue of defining Jewish religion in the circumstance of surrogacy [url=][/url].States that if a Jewish woman is the surrogate, then the child is Jewish.

    The law does not, however, bar backup man arrangements that are voluntary and non-commercial; accordant with alive New York legal proceeding law, a woman can voluntarily foreswear her child after birth.Under the legislation, the supposed parents can compensate the birth mother for fair scrutiny expenses arising from physiological condition and vaginal birth but cannot pay her for relinquishment the child.

    Order a copy of a birth, death or marriage legal document.Countersigning recommendation applications and photos.

    This is one of the difficulties seen in the Gammy case,” Ms Scott says.In India, the conscious parents are seen as the legal parents,” whereas under UK lawthe adoptive mother is established as the legal mother.

    Babies born from surrogacy also have kindred moderate gestational age as infants born through and through in vitro fecundation and ; some 37 weeks.Preterm birth rate was higher for foster twin pregnancies compared to single births.


  20. Hey! Do you use Twitter? I’d like to follow
    you if that would be ok. I’m undoubtedly enjoying
    your blog and look forward to new posts.

Leave a Reply