促进国内消费

1、促进国内消费(told to bolsterdomestic con sumpti on)促进国内消费 (told to bolster domestic consumption)促进国内消费(told to bolster domestic consumption) china should move away from its heavy relianee on exports and boost domestic con sumpti on to achieve bala need growth in the long run, a former us federal reserve c

2、hairma n said on friday.a woman stands between stacks of grapefruit at a fruit market in sha nghai. ch in as econo mic growth is expected to slow to 10 percent, according to a joint study by the state in formati on cen ter and the sha nghai securities n ews. reuters the performa nee of the chi nese

3、economy in the past 5 to 10 years has bee n historically remarkable, eve n by earlier chi nese sta ndards, said paul volcker, former chairma n of the board of governors of the us federal reserve system. to continue to grow nearly 10 per cent year after year is an enormous achievement, volcker said.t

4、he former us federal reserve chairman, who held the post from 1979 to 1987, said there n eeds to be some rebala ncing in the chin ese economy if it is to mai ntai n healthy growth in the long term.i do thi nk the economy has reached a point where some rebala ncing is probably n ecessary, volcker sai

5、d in an in terview on the sideli nes of the 10th annual bus in essweek ceo forum, which ended in beijing on friday.in particular, the former federal reserve chairman said china should expand internal con sumptio n to drive its growth. there should be more room for con sumpti on and a little less for

6、 inv estme nt to get a more balaneedgrowth over time, volcker said. su ning, deputygovernor of the peoples bank of china, sounded the same alarm on thursday at the forum.according to su, the share of domestic consumption in the national economy has been on a downswingsince thel980s.the proportion ha

7、s slumped from 62 per cent in the 1980s to 52 per cent last year, a trend that su said may pose problems for economic development.and moving towardsmore in ternal con sumptio n will also help solve the imbala nee in the external side, volcker said.the central banks su also identified the balanee of

8、payments as one of the problems n aggi ngchi nas econom y.chi nas foreig ntrade surplus hitus$109.9 billio nin the first nine mon ths of this year exportsjumpedby 30.6 per cent year-on-yearin septemberto us$91.64 billio n.it is in the in terests of chi na itself and the world that it moves away from excessive relia nee on exports, said volcker, who once headed the uns independentinquiry committeeinto its oil-for-food programme.the former us federal reserve chairman sugg