ChineseEconomyonFastTrack(3)中国经济步入快车道
文章作者 100test 发表时间 2007:03:10 11:42:43
来源 100Test.Com百考试题网
In the report, Subbaraman said the answer to the question: "Should we be there?" is a cautious "yes" for multinational investors with a global foothold.
On one hand, China is steadily moving towards a market-based economy and its recent WTO entry will accelerate this, he said.
Furthermore, globalization and the information age have spurred the pace and momentum to dramatic levels.
On the other hand, there are risks, especially for foreign investors over the next two to three years. China s WTO accession will result in painful adjustment costs in conjunction with unfinished financial and State-owned enterprise (SOE) reforms, as well as rapid urbanization, he said.
"But our near-term assessment is that, provided macroeconomic policies remain accommodative, the economy will weather this difficult period, very likely averaging GDP growth of around 7 per cent," added Subbaraman.
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