China, in 2009 the contribution rate to the global economy, the performance of super-make the world a remarkable 50%
Following is the China Central Television "economic and a half hours," January 4, 2010 Show text Record:
2009 China Experience: Global Value
China's outstanding economic performance, calmly deal with the financial crisis in
To continue our "2009 China Experience" series of reports. Has just passed in 2009, the Chinese economy's bright table
While it is the final full-year economic data has not yet released, but we all have no doubt that in the global economy on the road to recovery, China has taken the lead in front of China's successful experience worthy of attention. Because of this, the end of 2009, many of the international media were unanimous in their eyes focused on China.
August 10, 2009, the U.S. "Time" magazine published in Asia entitled "Can China save the world?" The cover article on the cover of a panda is holding a pump to boost the morale of deflated the earth, which to a large extent China is now reflected in the eyes of many countries, or they want the role.
December 16, the U.S. "Time" magazine Person of the Year 2009 announced, "Chinese workers" as the only group selected this year's list. This year has dished out the "China collapse theory" of the media in the end but commented: "The Chinese have such a term: 'Paul 8', meaning to maintain economic growth rate of 8% per year, the Chinese Government believes that this right to ensure social stability is essential. While a year ago, many people think that this is a dream, but China did, and still this year, China is the world's fastest-growing power. All these should be attributed to millions of displaced Chinese workers. "
Not just "Time" magazine, in late 2009, at the conclusion of the world economy has experienced this memorable year, the world's major media has invariably played high marks to the Chinese.
French "Le Figaro" published in the November 19 by a General of the Organization for Economic Cooperation and Development, Angel? Gurria, wrote the article entitled "China to the OECD out of recession." The article said, "Thank you China.'s Economic recovery has been identified and spread to all developed countries, thanks in part to China's economic vitality."
German "Handelsblatt" reported that the November 17, thanks to the Chinese government launched a package of economic stimulus plan, China's economy a good deal of the international financial crisis. This is the other Asian economies is a good news for the global economy is also a strong boost.
Zhou Qingan: "Because of some 4 trillion stimulating domestic demand, improvement in the overall figures, especially the Chinese economy since the warming period of steady, pick up, including the changes reflected in all areas, in fact, are observed in the international field of vision among the mainstream media, they pay attention to these problems. "
Beginning of the year by the end of 2009, the international media's attitude toward China have taken place in 180-degree turn on the Voice of challenge China's economy have become the admiration of China's economic voice. One year, their attitude Why is there such a big contrast?
This change comes from the final analysis, in 2009, the outstanding performance of China's economy. After the outbreak of the international financial crisis, the decline in exports, fiscal revenues declined, migrant workers is difficult to find a job, and now the entire economy stabilized recovery one year how the Chinese economy taken a huge step so? Here let us take a detailed review of what we have come together in 2009.
However, they acknowledged and commended the hard to come by. 2009 is the new century, China's economic development has been the most difficult year. According to statistics, in 2008 the first 11 months, the National profits of industrial enterprises above designated size increased by only 4.9%, an increase of 31.8% lower than the same period last year; In the meantime, in 2008 11 Yuegong value-added growth rate of 5.4% of the figures, nor to let the market Aihong 1. Because in normal circumstances, China's industrial added value were maintained at 14% or 15%, ie by up to 2 / 3; while the three major foreign trade indicators: exports, imports, import and export volume growth rate is down to the negative. In November 2008, China's total imports and exports is -9%, while in November 2007, this figure was 23.9%.
HSBC chief economist Jane Shixun: "I think China's growth rate in 2009 will be lower than 8% in China compared to the previous high growth will be relatively weak there."
In addition, a number of international research institutions, the more pessimistic forecasts. Standard Chartered Bank report predicts that in 2009 China's macro-year GDP growth of 7.5%; Royal Bank of Scotland is forecast to be 5%; the former chief economist at CLSA while Walker made the most pessimistic prediction: in 2009 China's GDP growth will not exceed 4 %.
January 12, 2009, the U.S. "Time" magazine published an article out of this: "the last pillar of China's economy is no longer strong." The article writes, "the kind that China's GDP will continue to grow, as the world's economies, the idea is too naive." "China has begun an economic recession, and perhaps even worse than the U.S. economy." The end of the article, but also gives a "China collapse theory" type of conclusion: "China can hardly be a core of the economy to continue its 'miracle'. China is only a big country now behind bars."
Zhou Qingan: "challenge and are more skeptical. Because it was early in the year along with the gradual deepening of the financial crisis, many media worry that China will be the middle of this financial crisis is also to become such a depression, then the economy will occur is very large, are very a big impact, then we have developed many of the policies may not necessarily be able to continue to promote. but also in the beginning of the year, we are just beginning to implement the policy of 4 trillion for the four-trillion policy implementation efforts, direction, as well as the effect, then the In fact, many international mainstream media has a different view. "
China's economic performance in 2009 let the world marvel, but also to many people troubled by the crisis has brought warmth. However, we should see that China's economic success is not only reflected in these statistics, the number of long-standing structural problems of the economy in 2009 also began looking for crack of the Road.
In response to the challenges of the international financial crisis in 2009, countries around the world have come up with unprecedented economic stimulus plan, if from the amount of speaking, China is not up, but China Queba the adjustment of economic structure, and to resolve livelihood issues into the most prominent location, this distinguishes the Chinese economy in 2009 right in the end mean?
Chinese rescue measures based on people's livelihood, it will have a positive impact in the world
We have seen earlier, in 2009 China's economy both in quantity and the steady increase in the depth of the economic structure adjustment, or have earned a high evaluation of the international media, and even called the green breakthrough.
When the global economy is still walking on thin ice, these hard-earned achievements. However, for ordinary people, it was more unusual is that a lot of people's livelihood has also accelerated in this round of the economy began ice-breaking trip, in the past is often considered to be spending the people's livelihood projects, has now become the starting point of economic development and the ultimate goal.
By the end of December 2009, the county party secretary in Sichuan Gulin Xian Zhu De in 2009 the county opened a full-year forecast of major economic indicators to complete the compilation of statistics, a long way sighed with relief. This year, Gulin Xian total GDP increased by 16.5%; above-scale industrial added value increased by 34%;-scale industrial profits year on year increase of 53.9%; local fiscal revenues grew 35%, while the disposable income of urban residents and peasants per capita Net income rose 16% and 13%.
Gulin Xian Zhu Germany county clerk: "I may say so, we can not say that it is non-repeatable, but it is absolutely unprecedented. In the ancient history of the development of such a rush indicator has never been seen."
Following the central government put forward the "4 trillion" expand investment programs, as at December 19, 2008, the country's 18 provinces and cities announced for the next one to two-year investment plan, the total size of more than 30 trillion yuan, the central "40000 100 million, "nearly 8 times. Policy since its introduction Gulin Xian to expand domestic demand and investment was about 3.4 billion, of which 210 million yuan from the central budget funds, local matching 130 million yuan. Currently the county has completed an investment project to expand domestic demand and more than 280 million yuan. Among them, rural junior high school building, the construction of rural health infrastructure, construction of 10 projects have been completed; Draconyx River water diversion project, sewage treatment plant construction projects, county People's Hospital building projects are in full speed up the construction.
Zhu De: "Last year, we plan our big project is 24 and, of course, including key projects, we are 97. That a year of hard work and fight, we have implemented 86 projects, 86 projects, including our expanding domestic demand projects, We also include attracting foreign investment projects. "
As China's economy to produce in 2009 a quarter of the respondents, it was discovered: Spring Ruqierzhi. While the GDP growth rate of only 6.1%, but the signs of stabilizing clear: industrial production is running stabilized; fixed-asset investment and social consumption growth accelerated; financial institutions, new loans hit new single-season high; national car sales record; manufacturing Purchasing Managers Index , entrepreneur confidence index and the national business climate index has shown a turn for the better signs. The subsequent second-quarter GDP growth of 7.9% in the third quarter continued to progress, rose to 8.9%. If the 2008 quarter, GDP growth since the seven paintings curve, showing to be a clear "V"-type reversal.
Yao: "We can do it throughout the year to achieve more than 8% growth, it should be that there is no suspense."
October 23, 2009, "New York Times" published an article entitled "Over the past year, China's stimulus package, fruitful," the article, the text reads: China's economic stimulus package, outstanding performance, these measures are very effective, in the such a short period of time boost up the economy, the Chinese government on this issue, "won the high score."
December 20, 2009, near the New Year, Hebei, Shandong Province, villagers on Lingshan Chui Ling early in the morning in a nearby village came to an appliance store. She intends to buy a flat-panel TVs. This is her 20 days to buy a second television set.
Yu Chui Ling: "The last time buy for my own use, this time to accompany my daughter thinking."
It spent a total of two television sets in the Chui Ling 5000 yuan. She was bought himself a 29-inch color TV, his daughter bought a 32-inch, and she had at home there is a 21-inch color TV, is bought four years ago. Yu Chui Ling suddenly so willing to spend so much money is because of preferential policies for home appliances to the countryside. In accordance with state regulations, every one can enjoy the countryside home appliances 13% subsidy. Yu Chui Ling told reporters that in her village, many families have because of this policy to purchase a new appliance
Yu Chui Ling: "We bought a neighbor, the West has also bought a house, this also bought the West side of the house although he is still buying."
In fact, letting in the Chui Ling such ordinary Chinese farmers are willing to spend the Chinese government has always been a problem.
In fact the past two decades, China's total social spending-GDP ratio has continued to lower. 80s in the last century, China's GDP, household consumption accounted for more than 50%, while in the early 90s of the last century, this figure dropped to 47% in 2008 was 35% or so. And the U.S. share of household consumption in GDP, the ratio is as high as 70%. In all the world's largest economy, China's proportion is the lowest. Inadequate social security, income disparities, with higher tax rates and other causes of China's consumption rate has been reduced, this is a very complex systemic problem that requires a package of solutions, and to go through a longer period of time to be resolved, but the financial crisis to start domestic demand urgent task. In 2009, the Chinese government with great determination and use of huge financial resources, has introduced 8 to promote the consumption policy and full launch of China's domestic consumption.
Ren Zhou: "I think that the massive concentration of the product and covers the expansion of consumer demand so many I think it is the policy of never seen before. This is a very focused, very characteristic, mainly in response to the crisis such a major financial crisis in the context of, in order to expand domestic demand to maintain growth in readjusting the structure introduced in such a policy. "
The huge policy guidance, China's urban and rural consumption growth hit a new high in recent years. The whole first three quarters of 2009, total retail sales of social consumer goods reached the actual growth rate of 17%, in particular concern is that China's rural consumer market started, the rural consumer is an "explosive" growth, growth for 11 consecutive months of are higher than urban consumption growth, which is a major change in consumption structure. Experts believe that consumption growth in rural areas this year, faster than the city is not a coincidence, in 2009 the central government raise the "three rural" investment, a substantial increase in the size of farm machinery purchase subsidy, from 4 billion to improve 130 million, also arranged 32.0 billion the implementation of home appliances to the countryside, auto and auto appliances to the countryside, "trade-in" policy of expanding domestic demand of these initiatives is to the rural consumer with this "fire" burning more more wang.
China's consumption policies to promote the implementation results are so phenomenal global media, "Wall Street Journal," December 21, 2009 reported that rely on consumer incentives in Asia has been leading the world economy out of crisis. And this spending spree looks set to continue into 2010. China is already walking in front of the United States and Europe.
Has been engaged for six years in Dongguan Huang Yongxian processing of the jewelry has just launched its own products, from processing to achieve self-designed transformation. While the aftermath of the financial crisis, but this year the total exports of 15.24 million U.S. dollars enterprises, an increase of 10 times, total output value of 150 million yuan, an increase of 1.1 times.
Huang Yongxian: "Three to one meeting, all the profit margins of only a processing fee, that a relatively small processing fees. Now become a foreign-funded enterprises in the domestic aspect is to build their own brand. Therefore, the profit on the increase in value-added tax immediately. "
Huang Yongxian in Guangdong Province this year, the same as to achieve a successful restructuring of enterprises has exceeded 1,000. The face of financial crisis, Guangdong Province, to produce the GDP increased by 9.2% of the transcripts. This is a year ago in Guangdong, the almost unthinkable. In 2008 after a sweeping global financial crisis, Guangdong Province, one of the three to make up more than 20000 enterprises have closed down nearly Huang Yongxian closure of enterprises.
Huang Yongxian: "decreased by about 40%, that order. A lot of the same industry can be said to have been closed down, small businesses have closed down."
In fact, at that time worse than the corporate bankruptcies, the crisis exposed the serious economic imbalances. For a long time, China's tertiary industry is lagging behind economic growth, dependent on the secondary industry. From the composition of the secondary industry of view, mainly labor-intensive enterprises and resource-intensive enterprises is excess processing capacity, and less competitive, the key industries in ability to control very low core technology.
Dongguan secretary: "come to make business it is the biggest feature of the design, development, sales and markets are overseas, two out, then the intermediate links placed Dongguan, which is part of production, employing more energy and more of this additional value is low. "
In 2008, the central government made greater efforts to carry out industrial restructuring. Out of low level of technology, capacity and backward, over-reliance on resource development model to improve the level of business R & D to achieve the transfer of industrial upgrading.
The end of 2008, the Chinese government once again reiterated the importance of structural adjustment as the primary task of the next few years. 4 trillion yuan central government introduced a 370 billion investment plan be used for economic restructuring, accounting for 4%. The subsequent introduction of the top ten industrial restructuring and revitalization plan, the core goal is to eliminate backward production capacity, encourage businesses to mergers and reorganizations, enhance self-innovation capability. March 5 this year, Premier Wen Jiabao in his government work report clearly pointed out the need to accelerate change in mode of development, growth around the Paul and promote upgrades and focus on industrial restructuring work. December 27, Premier Wen Jiabao told a press interview, he again talked about the key to economic restructuring.
Wen Jiabao: "China's economic problems, a fundamental or structural problems. Is that I have often said, our economy still exist unbalanced, uncoordinated and unsustainable problem. However, these problems lies in how to adjust the focus of the economic structure, including primary, secondary and tertiary industry structure, regional structure, accumulation and consumption structure. the more important thing is to use the power of technology to transform the development mode, which is the key to China's economic development lies. "
Against the financial crisis in 2009, China's economic data flaunted by the international community to marvel. In the first three quarters, China's gross domestic product 16.6043 trillion yuan, an increase of 11.5%. This corresponds with the formation, in 2009, energy consumption per unit of GDP is expected to decline to 5%, for China's industrial restructuring. The U.S. "Time magazine," not stingy with the "green Breakout" is the word for evaluation.
And some countries simply to relax the money supply to expand investment to stimulate the economy compared to China's proposal to readjust the economic structure, and livelihood issues, economic development will inject a dose of the drug a more sustainable long-term medicine.
The international financial crisis broke out, we often explore how be able to turn crises into opportunities? From the performance of the Chinese economy over the past year to see, according to the changes in the international economic environment to accelerate the restructuring of our economic strategy is a turning crises into opportunities approach. Fancy the world in 2009 China's economy, not just fancy we flaunted by economic data, but also fancy a new development path of China's economy.
"No come back."
"This year did not come back, and busy the past financial year, resumed, it is intended not come back, and have a stable job, this year may not come back, the situation is better than people."
December 21, 2009, Sichuan Province Anyue County Cultural Town, BAI Ping Village, secretary of the Tang move from house to house to inquire about your village migrant workers to return home situation. Last year at this time, their village more than 300 migrant workers because of unemployment, returned to his hometown. Dr. Tang has had to carefully look at your return home this year, the situation of the village is now returning to their hometowns of less than 50 individuals. Anyue County in Sichuan Province, where long-distance bus station is also very difficult to see the return of migrant workers.
Anyue County, Sichuan Province Zhou expensive long-distance bus station: "At present back, especially in the south of migrant workers are basically not many people come back."
However, a year ago, labor export to the mainland of China is another picture. The news was announced a year ago Jintang County in Sichuan Province footage. A long line of vehicles, passenger bus to and from coastal areas and Jintang County, these migrant workers returning from Dongguan are the first day of New Year on the return bus ride, and many of them told reporters that this day, compared to previous years returned home when the New Year at least two weeks earlier. Rapidly from the financial turmoil sweeping Wall Street, the world, sharp drop in orders from Europe and the United States, processing enterprises in China's coastal areas have been closed down and layoffs. Migrant workers have lost their jobs early to put away their luggage, and return to their hometown.
"Now faced with layoffs, layoffs, the factory had just over 100 individuals, is now cut only 80 of the individual."
Reporter: "That you are going to come back now?"
"Come back, will not do, and no way to do so."
According to the Ministry of Human Resources and Social Security in March 2009, China's 130 million migrant workers, there are 20 million unemployed people to return home because of the financial crisis. This situation is rare in the past decade. Foreign media are all worried about a large number of unemployed migrant workers return home, whether China's economic and political stability will have an impact. 20 million migrant workers return home, when the British "The Times reported," said: "This figure even higher than the total population of Australia, Australia's total population, but 21 million. Moreover, this figure does not include a large number of urban unemployed. "" Financial Times Deutschland ":" The economic crisis also, where unemployment has risen sharply and have caused the danger of social unrest. "German" Der Spiegel "magazine website:" 2009 may be the most difficult since the new millennium year. Rural region's development situation was "serious."
Indeed, so many of the surplus labor force to return home, the placement of these people has become the face of the Chinese government put the most difficult issues. Chinese Premier Wen Jiabao personally went to Chongqing, Hubei, observing and understanding the situation of migrant workers to return home. And in 2008, 10, chaired a State Council executive meeting, such request must take a more active employment policies, in particular, attaches great importance to the employment of migrant workers, which directly related to the development of the rural economy and farmers income, the relationship between economic and social development.
At this point a series of measures to stabilize and expand employment, rapid start, multi-pronged approach to preserve employment. Placement of funds from the central budget 42 billion yuan, increased 66.7% over the previous year, an increase unprecedented. To extend the process of expanding domestic demand, employment, 4 trillion of investment in the initial estimates of non-agricultural employment driven more than 5000 million people.
"The New York Times" February 22, 2009 special titled "return of migrant workers" in a signed article to Hunan Chinese New Year after returning migrant workers to return home to continue to return journey to find new employment opportunities, for example, that "Chinese farmers well-being of workers has become a top priority concern of the Government. " Reports that "In order to alleviate the plight of unemployed migrant workers, the central government has already announced a series of initiatives, including vocational training, expansion of rural medical insurance and crop subsidies, to ensure that people can return home to make a living farming."
According to State Statistics Bureau, the first three quarters of this year, the employment of migrant workers across regions nationwide total to 150 million people, more than 11.57 million people to the end of last year. To the end of November, the country achieved 10.13 million employed persons in urban areas is expected to end the country to achieve the employment in urban areas will reach 11 million or more people.
Li Yi is a property company, Changsha an ordinary employee in December of this year's day, he and 50-year-old mother of one, arrived at the Furong District, West Lake Garden real estate critically, after listening to the sales girl's introduction, Lee Yi told reporters that both the Unit or geographical location, they are very satisfied.
Yi-Mother: "The environment surrounding lots can also be, what the supermarkets here, RT-Mart, Wal-Mart, what to buy building materials are convenient, which also can be said that the town center here."
In the following critically the process, Li Yi and her mother constantly asked Miss Xiang Shoulou the details of the house, his face to conceal their excitement. Buy a house for two people looking at the tremendous joy, the reporter did not expect, just a month ago, Li Yi home five people, but also all crowded into a small 50-square-meter house.
Now, Li Yi family no longer have to live in such a crowded house, and they soon have a 140-square-meter house, parents, spouses and children, respectively, have their own bedroom, they do not have to worry about the toilet queue问题. But many people probably did not expect, Li Yi want to buy this environment is comfortable and convenient transportation of the house, in the strict sense is to say affordable housing.
In July 2008, Changsha, the establishment of housing security in the country take the lead in the work of Council, and the full implementation of monetary subsidies for affordable housing, as stipulated in Changsha City accounts for more than five years, household disposable income is less than the previous year, urban residents per capita disposable income of the family 75% (per capita 1010 yuan / month) have no housing and housing subsidies to needy households can get money. Have no housing subsidy standard of 80,000 yuan per household, housing subsidies to needy households standard of 50,000 yuan per household.
Changsha, Hunan Province, deputy secretary of the CPC Municipal Committee, Mayor Zhang Jianfei: "I think a house means a house, a house also means that almost a lifetime of savings, a house also means that a very important one being the standard, So I feel that basic necessities, clothing and food is no problem, line by trying to solve all these years is relatively good, really hard, the difficulty is still the most expensive house. when we talk about people's livelihood, it should be said that housing is the biggest people's livelihood. "
Changsha is only the country's efforts to improve the housing conditions of residents in a microcosm. This year in July, the State Council approved to set up protection of Housing and Urban-Rural Construction of Housing Project Coordination Group members throughout the Development and Reform Commission, Ministry of Finance, Ministry of Civil Affairs and other 17 government departments; in protective housing construction in 2009, China invested a total of 167.6 billion yuan of funds in 2008 increased by more than five times; in 2009, the last month, the central and pervasive out prescriptions for the high fever cooling property market, an unprecedented intensity.
Government efforts to improve people's livelihood work, housing is only one of them, in fact, handed down this year, four batches of central investment, direct investment ratio for the livelihood of more than 50%.
Zheng also: "Now we have further to people's livelihood and closely integrated with the economic growth, I think this point, it marks an era of great importance to people's livelihood, I think it is the era of people's livelihood should be truly arrived."
My Government is concerned and improve people's livelihood initiatives have won international acclaim. British "Daily Telegraph" said, "China's economic stimulus plan is for the people of the New Deal"; International Monetary Fund, Kahn also said that "China's market-rescue measures based on people's livelihood, it will have a positive impact in the world."
School of Journalism and Communication at Tsinghua University, the reporter met with Director of the Center Zhouqing An international spread, he told reporters in 2009, China has become the focus of international media attention.
Zhou Qingan: "It's in the whole world public opinion which, in recent years China was the number of times mentioned are in general go up, then this year, on many issues, in fact, we can see that as the" Financial Times "such an international The media, in reporting in China, the simple way to China as an imaginary one gang to go in their reports, but rather the middle of China as an international body of a very important part. "
Zhou Qingan that in the past year, the foreign media focus on China is not only reflected in the reported increase in the number, the same is also reflected in changes in the content of the report.
"We took seven international mainstream media as a sample, then the incomplete statistics, in 2009 the overall coverage of the Chinese economy has more than 28%, this proportion in the previous few years, it should be relatively high a ratio. because the traditional sense as I say, the international mainstream media, when reporting on China is to China as the emerging economies, coverage, then more concerned about some of our embodied representation of the content, such as GDP figures, such as said that some changes in policy, then, the overall coverage is relatively more in-depth. "
This means that the international mainstream media in the gradual recognition of China as an emerging economy, in international economic activities play a very large role in the middle of
China's international media attention on the degree of upgrading the one hand, benefited from the foreign media in China's economic development, an objective description, on the other hand, China has launched a series of planning activities, take the initiative to improve China's image through the international media. From November 23, 2009, the one about 30 seconds of "Made in China" promo in the United States the American cable news network channels, the U.S. headline news channels and international channels in Asia for a period of 6 weeks. This API is commissioned by the Ministry of Commerce aims to enhance the image of Chinese products in practice.
This ad Made in China, the effect of this ad from running, of course it is the need for a long period of observation. We just spent six weeks time, in China there are many problems, especially among the Western world, its view there are indeed many are with the labor-intensive, low price associated with, but take the initiative to set up their own awareness of In fact, China has begun to represent, in addition to the money, the wisdom, or has begun to think of ways to invest in the international public opinion among their own wisdom, I think this is one able to see the change.
Zhou Qingan also told reporters that the international spread of force is an important manifestation of the country's soft power in 2009, China's international spread of power to be increased dramatically.
"It should be said that in 2009 China increased the international spread of power is obvious, then the increase of course, also benefited from two aspects: first aspect is the international environment, the financial crisis began to deepen in the second half of last year, So at this time that China could increase in the economy on top of the first to take the lead from stable to pick up, so at this time the influence of the Chinese economy makes the international media pay more attention to China, I think this is an objective factor.
Then the second aspect of it, indeed, because of the subjective on top of some of the changes in the last couple of years, China has the overall impact of the international spread of power on top of our ideas, our mode of operation, some changes are taking place.
Overall on top, the international spread of power upgrade, is also an expression of China's economy. "
A half-hour observation: China engines driving the global economy
The United Nations years ago, has just published a report predicted that in 2009 the Chinese economy's contribution to global economic growth rate of more than 50%. This means that China's economic well-deserved to become the global economy in 2009 led one of the most powerful engine. China's economic success with its real to dispel the doubts of the world's voice, not only because we have maintained a stable economic growth, but also because we use the fact that the international financial crisis, bring to the world is not all bad news. The crisis in the global economy in the long-term accumulation of the consequences of various contradictions, but the other side, the crisis has just given the world once again looking for space for economic development opportunities. China's response to the crisis in the show's pro-active, not only because of the courage, more wisdom and vision to grasp the opportunity. Such a self-confident China's economy would have brought confidence in the global economy.
