The Face Of Crisis: Change The "crisis" As A "machine" Confidence Is Gold

Crisis is often accompanied by the opportunity at the same time

, we should adjust the external shocks and development as an opportunity to turn "crisis" into "opportunities" to accelerate the development of their own, to take full advantage of the opportunities offered by the crisis.

The U.S. subprime mortgage crisis triggered by the global financial crisis is intensifying, the pervasiveness of the destructive force of a large, serious nature, is the 30s not seen since the Great Depression. Thus be drawn into the world economy from the morass of economic recession, as an important member of the global economic system, China can not stay. At present, the financial crisis on China's economy began to show its negative impact.

In the stock market, the Shanghai Composite Index fell below 1,800 points. Cities has been steadily rising in the real estate market took a downturn, a serious lack of consumer confidence to buy a house. At the same time, because the United States, Europe and the market slump, falling demand, China's export enterprises, especially in coastal areas of some export-oriented enterprises affected large number of small and medium enterprises survive thus facing difficulties. It also inevitably cause people to have a certain psychological fear, and then worry about China's future development prospects. According to National Bureau of Statistics recently released data, third quarter business confidence index was 123.8 the country, respectively, a year earlier than the second quarter and down 11.0 points and 19.2 points. In view of the sub-prime crisis far from over, and people expected for the future of psychological depression, lack of confidence in China's economic development reasonable. Considered carefully the performance of the Chinese economy and its development potential, in fact this need not worry.

To rational view of the economic slowdown. The third quarter slowdown in economic growth and export decreased while factors such as, but some short-term impact can not be ignored. For example,

Olympics Out during the transportation, security and environmental protection needs of the flow, logistics and construction, as well as restrictions on heavy chemical industry, to a certain extent, affected the growth of output. Therefore, the short-term macro-economic statistics reflect the real trend is difficult, but China's economic growth can not be facing a "turning point" of the evidence. The quality of China's economic growth is still good especially in the urban-rural income growth is still faster. The latest statistics show that the first three quarters of urban residents increased 13.2% in real disposable income, an increase of 3.2 percentage points higher than the same period last year. Real per capita cash income of rural residents increased by 14.8%, 3.4 percentage points higher than the same period last year. Sustained increase in such support, the first three quarters of total retail sales of social consumer goods reached 7.7886 trillion yuan, up 22.0% over the same period the previous year to speed up 6.1 percentage points. China's export structure, and from point of view, the main exports are commodities and the general

Home Appliances Products, the elasticity of demand less of their income, so despite the economic recession in Western importing countries, imports of power down, but the cheap Chinese commodities demand reduction is also limited. Economy to recession, have dropped, consumers in these countries live daily necessities needed to have to buy. While the first three quarters this year, exports declined last year, but 22.3% of export growth is still pretty good performance.

About the development prospects of China's economy need not worry, more importantly, also to China's economic growth momentum remains strong.

First, as the income of urban and rural residents continued to increase, consumption structure and further accelerate the pace of upgrading. In addressing the food, clothing and other basic needs, based on line and now enter the key to solve housing needs such as higher stage of life. This drive vehicles, real estate and other industries for economic development into a more lasting and sustained momentum.

Second, China is in the acceleration of industrialization, urbanization and the expansion of the advance of information technology. By these "three" and the release of economic efficiency, market space and new economic growth point to further promote the increase of output and new industries rise.

Furthermore, the support needed for sustained economic development of China's capital, labor, and technology elements of the conditions are still sufficient. Currently, more than 20 trillion of household savings, nearly 30 trillion of corporate and institutional deposits, 1.9 more than one trillion U.S. dollars in foreign reserves, plus more than 700 billion dollars annually in foreign direct investment, constitute the capital of China's economic development support source.

The Face Of Crisis: Change The "crisis" As A "machine" Confidence Is Gold

By: frbiz2@foxmail.com

POST COMMENT

25 No Deposit Bonus / 100% Up to $999 FREE Bonus - Black Diamond Jewelry jewelry all the way Diamond Jewelry: Understanding How To Select The Right Jewelry Demand for Gold High in Second Quarter of 2010 Wholesale Jewelry Making Supply: Getting Advantages Of Buying In Bulk Best Fine Jewelry At Diamond.com Gold Coast Removers: To Make Your Shift Seamless & Smoother Make Your Own Jewelry With These Beaded Jewelry Ideas Which Types Of Jewelry Boxes Are Right For Your Collection? Virtualization And Cloud Q&a With Bernard Golden The advantages of gold plated jewelry Bangkok Condo For Sale - A Golden Opportunity Gold As An Investment