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    Li Keqiang Answers Questions About China'S Economy In Europe: Capable Of Achieving Growth Of Around 7.5%

    2014/10/11 19:59:00 26

    Li KeqiangChina'S EconomyEurope

    On the afternoon of October 10th, local time, Chinese Premier Li Keqiang attended the seventh Sino German economic and technological cooperation forum in Berlin with German Chancellor Merkel and delivered a speech entitled "further gold cooperation in opening up".

    Can we avoid "hard landing" of the economy?

    As China's economic growth slowed down, International Monetary Fund and World Bank recently lowered China's economic growth forecast for 2014.

    In its latest report, the International Monetary Fund has reminded that China's real estate market showing signs of imbalance is undergoing adjustment, which may affect the real economy and financial activities.

    For the outside world, the Chinese economy appears.

    Hard landing

    "Worried," Li Keqiang responded in a speech at the summer Davos forum in September. "China's economy has great resilience, potential and room for maneuver." the measures we take are not only beneficial to the current, more long-term, but also capable of preventing major ups and downs.

    While attending the seventh Sino German economic and technological cooperation forum in Berlin, Li Keqiang once again sent a "reassurance" to those who were concerned about the Chinese economy.

    Li Keqiang stressed that China has the conditions and capability to achieve the goal of economic growth of about 7.5% this year and keep economic growth in a reasonable range.

    He also pointed out that as long as full employment is achieved, residents' income will continue to grow, and quality and efficiency will continue to increase. Economic growth will be higher and lower than 7.5%.

      

    Opening to the outside world

    Is it still firm?

    There are some different voices in the business circles of Europe and the United States over the frequent cases of anti monopoly in China this year.

    China's business environment and its determination to open up have changed? Li Keqiang gave the answer of "NO".

    He said that opening to the outside world is China's basic national policy and has a bearing on national development and national destiny.

    He stressed in particular that China's opening to the outside world is a more standardized, fair and pparent business environment. Foreign-funded enterprises and domestic funded enterprises are all part of China's economy. "We should treat foreign and domestic enterprises equally in terms of market access, policy support and legitimate rights and interests".

    "The door of China's opening to the outside world will not be closed, but will become bigger and bigger, and market opportunities will be more and more."

    On the eve of his visit to Germany, Li Keqiang wrote in the German "Le Monde".

    The Chinese government is vigorously promoting decentralization and strengthening supervision after and after the event, with the aim of stimulating social creativity.

    The Chinese government will strive to reduce market access threshold and increase intellectual property rights protection, so as to create a fairer, pparent and standardized market order for all enterprises in China including German enterprises.

      

    Transformation and upgrading

    How to "complement each other"?

    China is in the key node of the economic structure moving towards pformation and upgrading. How can we achieve this goal by strengthening cooperation with European countries, including Germany?

    The theme of the third round of Sino German government consultations held jointly by the two prime ministers in Berlin on the 10 day gave the answer: "innovative cooperation".

    After the meeting, the Sino German cooperation program of action issued by China and Germany put forward the proposal to enhance the proportion of trade in services in bilateral trade and make it a new growth point for Sino German trade.

    China welcomes and encourages German enterprises to participate in the construction of Shanghai free trade pilot area, and strengthen cooperation between the two enterprises in finance, education, culture, health care, pension, construction, business services, technology, exhibition and other fields.

    At the same time, the Sino German cooperation platform for action also pointed out that Germany has accumulated rich experience in energy pformation and worked out a solution, which is of great significance for achieving the goal of improving energy efficiency and promoting the goal of renewable energy in China's "12th Five-Year plan".

    This background can provide a good foundation for the two sides to continue the energy dialogue between governments and enterprises.

    As for the momentum of pformation and upgrading of Sino German cooperation, Li Keqiang said that Sino German cooperation is only upgraded, without the ultimate version.

    Strengthening innovation and cooperation between the two sides can create better conditions for the economic development and prosperity of the two countries.


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