综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Economy still in upward phase despite weak figures

By ZHENG YANGPENG in Boao, Hainan (China Daily) Updated: 2014-04-10 03:29

Victor K. Fung, chairman of Fung Group, a Hong Kong-based multinational comprising major subsidiaries in trading, logistics, distribution and retailing, said China's landmark transition from a producing to a consumption power will bring about enormous opportunities for the business community.

Economy still in upward phase despite weak figures

Economy still in upward phase despite weak figures

Economy still in upward phase despite weak figures

"During the past few years, the whole change has shifted from 'made in China' to 'made and sold in China'. The most significant thing that happened in the past 30 years, in my mind, is a shift from a billion workers to a billion consumers," he said.

This great diversion will bring tremendous changes to the global supply chain, according to Fung.

"Before, I would say, the supply was quite simply one of sourcing in Asia and China and selling to the West. It is a one-way direction. Now it has become more nuanced. Yes, it is producing in Asia and China but also distributing in Asia and China," he said.

Former Japanese prime minister Yasuo Fukuda, chairman of the board of directors of the Boao forum, said that thanks to "Abenomics", Japan has finally stepped out of deflation, which would provide another bright spot for the region.

He said that along with the consumption tax increase from 5 percent to 8 percent, which boosted fiscal revenue, the Japanese government will soon roll out a 6 trillion yen ($58.6 billion) spending package.

That is expected to help lift corporate confidence and raise salaries, which in turn could raise consumption and pull Japan out of its deflationary cycle.

 

Economy still in upward phase despite weak figures

Economy shows 'optimistic changes': Li

Economy still in upward phase despite weak figures

Manufacturing under lingering pressure  

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
梅河口市| 阳江市| 博野县| 扎赉特旗| 通山县| 洪江市| 鄄城县| 额济纳旗| 台江县| 绿春县| 稷山县| 当雄县| 陈巴尔虎旗| 涟源市| 徐汇区| 宜昌市| 平凉市| 中西区| 宽城| 手游| 六盘水市| 绵竹市| 湘潭县| 通许县| 东明县| 涞水县| 甘洛县| 博罗县| 沛县| 东阳市| 读书| 泗洪县| 佛坪县| 衡水市| 霍邱县| 信阳市| 虎林市| 会理县| 全南县| 广灵县| 布拖县|