<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Property Market

          Economist issues stern warning on asset bubbles

          (Xinhua)
          Updated: 2009-11-18 10:19

          A Chinese economist has warned that the country's soaring property prices and equities were "signs of asset bubbles," owing to excessive liquidity.

          The Economic Information Daily reported Tuesday that Wu Jinglian, an expert with the Development Research Center of China's State Council, or Cabinet, said excessive lending and liquidity would be a long-term problem for the economy rather than liquidity shortages and weak demand.

          Wu, 79, was one of the first economists to promote the market-oriented economy in China.

          "A credit boom along with a loose monetary policy and positive fiscal policy could prevent the economy from collapse in the short term, but these measures cannot solve the underlying problems," he said.

          A total of 8.92 trillion yuan ($1.3 trillion) in new loans were pumped into the economy in the first 10 months based on a moderately loose monetary policy, far exceeding the government's target of 5 trillion yuan for the entire year.

          Related readings:
          Economist issues stern warning on asset bubbles State-owned 'Land Kings' heat up mainland realty mart
          Economist issues stern warning on asset bubbles Stimulus funds help end crisis
          Economist issues stern warning on asset bubbles A 'speculation bubble' in China
          Economist issues stern warning on asset bubbles Economists allay fears over inflation

          Wu said excessive lending and re-leveraging would produce risks and bring the country's economy back to the days before the economic crisis. "The frothy property market can be taken as a sign of a new crisis and deserves great attention," he said.

          Home prices in 70 medium and large cities rise 3.9 percent from a year earlier and 0.7 percent from September, according to data from the National Bureau of Statistics last week.

          A report from the Chinese Academy of Social Sciences (CASS) also expressed the same concern, forecasting that property prices would stabilize in the first quarter of 2010 and rise on expectations of inflation in the second quarter.

          "Speculation is the main reason behind the current price hikes, " said the CASS report.

          Wu said too much investment in fixed assets was not a good idea despite the fact that China's economic recovery was still largely dependent on property market.

          "The real drive behind China's recovery is the accelerating fixed-asset investment and record lending rather than the slow rise in domestic consumption, and this imbalance will be a drag on the country's economic restructuring," he said.

          China's fixed-asset investment surged 33.1 percent year-on-year in the first 10 months to 15.07 trillion yuan as China rebounded strongly from the unprecedented crisis.

          Government data showed the real estate sector accounted for more than 20 percent of urban fixed-asset investment, a key driver of China's economic recovery.

          Wu called for more government efforts to address the excess liquidity and boost economic restructuring, so as to ensure long-term development "especially when we have achieved the rebound with short-term policies".

          Pei Changhong, head of the Institute of Finance and Trade Economics at the CASS, also suggested that Chinese economy refocus in 2010 from expansion to structural adjustment while continuing the stimulus plan.

          China's central bank said last week in its quarterly monetary report that the government would continue the relatively easy monetary policy while stepping up "efforts to balance inflation perception and economic growth."

          主站蜘蛛池模板: 亚洲愉拍自拍另类天堂| 国产真实乱对白精彩久久老熟妇女| 久久99精品久久水蜜桃| 日韩一区二区三区高清视频| 一本色道婷婷久久欧美| 高潮迭起av乳颜射后入| 国产精品一区二区三区四区| 熟妇人妻无乱码中文字幕真矢织江| 国产精品免费中文字幕| 黑人玩弄人妻中文在线| 激情国产一区二区三区四区| japanese无码中文字幕| 日韩精品一二区在线观看| 国产一区二区视频啪啪视频| 亚洲精品久久久久国色天香| 给我中国免费播放片在线| 亚洲亚色中文字幕剧情| 人人澡人摸人人添| 亚洲熟妇中文字幕日产无码| 亚洲精品男男一区二区| 久久人妻系列无码一区| 伊人激情av一区二区三区| 国外欧美一区另类中文字幕| 热99久久这里只有精品| 一道本AV免费不卡播放| 成人无码区在线观看| 国产成人av大片大片| 国产AV无码专区亚洲AWWW| 亚洲av色香蕉一区二区三区精品| 成人午夜在线播放| 国产激情电影综合在线看| 欧美丰满熟妇性XXXX| 中文字幕人妻精品在线| 99久久无色码中文字幕| 久久精品免视看国产成人| 97视频精品全国在线观看| 忘忧草在线社区www中国中文 | 99久久无码一区人妻a黑| 好男人视频在线播放| 五月综合网亚洲乱妇久久| 成人免费精品网站在线观看影片|