The current economic main problem is the increasing inflation pressure
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The people's bank of China deputy governor yi, said the current on 16 Chinese economy operation the existing problem is inflation increases, the Chinese government upward pressure comprehensive control strategy was adopted. The next stage, China will continue to maintain the continuity and improve macroeconomic pertinence, flexibility, validity, maintain fast yet steady economic development.
He is participating in the international monetary fund international monetary and financial committee (IMFC) the 23rd session ministerial meeting of the said made. The meeting mainly discusses the world economic and financial market development, fund and the international monetary system reform of the reform.
Jackson says, the world economy is slow recovery, but the legacy of financial crisis has not been fundamentally solved, countries should further strengthen cooperation and coordination, respond to the common challenges. Developed countries should start as soon as possible, solve financial sustainable take more forceful measures to lower sovereignty, speed up the banking sector debt risk, reform and reorganization. Emerging market economies and developing countries need comprehensive and flexible application of inverse cycle fiscal and monetary policy, macro prudence and capital project management policy measures to cope with sharply rising inflation and capital inflows, asset bubble etc challenges.
In talking to fund reform, yi points out, improve emerging market and developing countries in the fund's voice and representative is fund governance reform important content. Countries should speed up to 2010 share reform scheme and governance structure of the examination and approval procedures, to ensure that its next fund and world bank annual effect before. Fund managers should continue in substantial step selection, etc.
According to the international monetary system reform, Jackson stressed that the international monetary system reform has long-term and complexity, need based on current, focus on the future and actively promote. Short-term should actively respond to cross-border capital flows management, global liquidity adjustment challenges. Long term, should actively improving international monetary system framework and principles, reserve currency diversification, especially expand the SDR to reflect the world economy typical pattern, better to reach their potential, this is a worth exploring direction.
Another according to xinhua news agency, China's ministry of finance minister XieXuRen 16 in 2011 annual the world bank's development committee, said the current spring meeting global economies continue to recovery, but base does not firm, process uneven, instability and uncertainty factors also many. Countries should carry forward together spirit, strengthen mutually beneficial cooperation and promote the sustained economic and balanced development of the world
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Author Resource:-
xia zihui a professianl writer from http://www.flocculant-manufacturer.com, Anionic Polyacrylamide, SAP Construction Industry, Paper Making Chemicals,
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By :
Jessie Stone
Submitted
2011-04-24 21:46:48 |
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