国内英语资讯:Opening of Chinas market could serve as future global growth driver: experts
<p><span word="DAVOS">DAVOS</span>, <span word="Switzerland">Switzerland</span>, <span word="Jan">Jan</span>. 22-- <span word="The">The</span> <span word="opening">opening</span> <span word="of">of</span> <span word="China">China</span>'<span word="s">s</span> <span word="market">market</span> <span word="is">is</span> <span word="likely">likely</span> <span word="to">to</span> <span word="increase">increase</span> <span word="the">the</span> <span word="competitiveness">competitiveness</span> <span word="of">of</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="economy">economy</span>, <span word="which">which</span> <span word="could">could</span> <span word="serve">serve</span> <span word="as">as</span> <span word="a">a</span> <span word="future">future</span> <span word="driver">driver</span> <span word="of">of</span> <span word="global">global</span> <span word="growth">growth</span>, <span word="experts">experts</span> <span word="attending">attending</span> <span word="the">the</span> <span word="ongoing">ongoing</span> <span word="World">World</span> <span word="Economic">Economic</span> <span word="Forum">Forum</span> (<span word="WEF">WEF</span>) <span word="Annual">Annual</span> <span word="Meeting">Meeting</span> <span word="said">said</span> <span word="Tuesday">Tuesday</span>.</p><p><span word="Attending">Attending</span> <span word="a">a</span> <span word="penal">penal</span> <span word="discussion">discussion</span> <span word="titled">titled</span> "<span word="Rethinking">Rethinking</span> <span word="Global">Global</span> <span word="Financial">Financial</span> <span word="Risk">Risk</span>," <span word="Fang">Fang</span> <span word="Xinghai">Xinghai</span>, <span word="vice">vice</span> <span word="chairman">chairman</span> <span word="of">of</span> <span word="the">the</span> <span word="China">China</span> <span word="Securities">Securities</span> <span word="Regulatory">Regulatory</span> <span word="Commission">Commission</span>, <span word="said">said</span> <span word="that">that</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="economy">economy</span> <span word="may">may</span> <span word="slow">slow</span> <span word="down">down</span> <span word="in">in</span> 2019 <span word="but">but</span> "<span word="it">it</span> <span word="won">won</span>'<span word="t">t</span> <span word="be">be</span> <span word="a">a</span> <span word="collapse">collapse</span>."</p><p>"<span word="China">China</span>'<span word="s">s</span> <span word="vision">vision</span> <span word="for">for</span> <span word="the">the</span> <span word="economy">economy</span> <span word="is">is</span> <span word="to">to</span> <span word="make">make</span> <span word="it">it</span> <span word="open">open</span>, <span word="large">large</span> <span word="and">and</span> <span word="competitive">competitive</span>. <span word="It">It</span> <span word="will">will</span> <span word="be">be</span> <span word="a">a</span> <span word="huge">huge</span> <span word="opportunity">opportunity</span> <span word="for">for</span> <span word="all">all</span> <span word="companies">companies</span>," <span word="Fang">Fang</span> <span word="said">said</span>, <span word="adding">adding</span> <span word="that">that</span> <span word="declines">declines</span> <span word="in">in</span> <span word="overheated">overheated</span> <span word="sectors">sectors</span>, <span word="such">such</span> <span word="as">as</span> <span word="real">real</span> <span word="estate">estate</span> <span word="and">and</span> <span word="infrastructure">infrastructure</span>, <span word="could">could</span> <span word="provide">provide</span> <span word="useful">useful</span> <span word="correctives">correctives</span> <span word="for">for</span> <span word="the">the</span> <span word="market">market</span>.</p><p><span word="Saying">Saying</span> <span word="that">that</span> <span word="opening">opening</span> <span word="up">up</span> <span word="is">is</span> <span word="good">good</span> <span word="for">for</span> <span word="China">China</span>, <span word="Fang">Fang</span> <span word="emphasized">emphasized</span> <span word="that">that</span> <span word="over">over</span> <span word="the">the</span> <span word="last">last</span> 40 <span word="years">years</span> <span word="China">China</span> <span word="has">has</span> <span word="never">never</span> <span word="had">had</span> <span word="a">a</span> <span word="significant">significant</span> <span word="financial">financial</span> <span word="crisis">crisis</span>.</p><p>"<span word="How">How</span> <span word="has">has</span> <span word="it">it</span> <span word="managed">managed</span> <span word="that">that</span>? <span word="We">We</span> <span word="have">have</span> <span word="a">a</span> <span word="very">very</span> <span word="top">top</span>-<span word="down">down</span> <span word="approach">approach</span> <span word="to">to</span> <span word="financial">financial</span> <span word="risk">risk</span> <span word="management">management</span>. <span word="If">If</span> <span word="risks">risks</span> <span word="are">are</span> <span word="accumulating">accumulating</span> <span word="the">the</span> <span word="government">government</span> <span word="will">will</span> <span word="step">step</span> <span word="in">in</span>. <span word="There">There</span> <span word="is">is</span> <span word="a">a</span> <span word="lesson">lesson</span> <span word="that">that</span> <span word="the">the</span> <span word="rest">rest</span> <span word="of">of</span> <span word="the">the</span> <span word="world">world</span> <span word="should">should</span> <span word="look">look</span> <span word="at">at</span>," <span word="he">he</span> <span word="said">said</span>.</p><p><span word="Jin">Jin</span> <span word="Keyu">Keyu</span>, <span word="professor">professor</span> <span word="of">of</span> <span word="economics">economics</span> <span word="of">of</span> <span word="the">the</span> <span word="London">London</span> <span word="School">School</span> <span word="of">of</span> <span word="Economics">Economics</span> <span word="and">and</span> <span word="Political">Political</span> <span word="Science">Science</span>, <span word="said">said</span> <span word="only">only</span> <span word="two">two</span> <span word="years">years</span> <span word="ago">ago</span> <span word="China">China</span> <span word="was">was</span> <span word="considered">considered</span> <span word="as">as</span> <span word="a">a</span> <span word="ticking">ticking</span> <span word="financial">financial</span> <span word="bomb">bomb</span>, <span word="and">and</span> <span word="the">the</span> <span word="slowdown">slowdown</span> <span word="is">is</span> <span word="the">the</span> <span word="consequence">consequence</span> <span word="of">of</span> <span word="the">the</span> <span word="government">government</span>'<span word="s">s</span> <span word="successful">successful</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="deleverage">deleverage</span>.</p><p>"<span word="These">These</span> <span word="efforts">efforts</span> <span word="have">have</span> <span word="made">made</span> <span word="China">China</span> <span word="safer">safer</span>, <span word="much">much</span> <span word="of">of</span> <span word="this">this</span> <span word="is">is</span> <span word="the">the</span> <span word="deliberate">deliberate</span> <span word="effort">effort</span> <span word="of">of</span> <span word="the">the</span> <span word="government">government</span>," <span word="she">she</span> <span word="said">said</span>.</p>
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