Govt 'must restore' public faith
文章来源: 文章作者: 发布时间:2009-06-26 06:32 字体: [ ]  进入论坛
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China needs to make extra efforts to restore public confidence in its battle against the deepening financial crisis, a top think-tank expert said yesterday.

"Despite tremendous efforts from the government to minimize the impacts of the financial crisis, we can still feel there is a lack of confidence among the public," Chi Fulin, executive president of the China Institute for Reform and Development, told China Daily during an online chat yesterday.

"Some of our citizens are still feeling helpless and hopeless, with massive job cuts and stagnant1 consumption. We need more incentive2 and stimulus3 measures to restore their confidence," said Chi, a member of the national committee of the Chinese People's Political Consultative Conference (CPPCC).

The Chinese government, he said, had already done well by rolling out stimulus plans and industrial upgrade programs over the past few months. "But it will take a lot more to make the people feel at ease and restore their faith."

The All-China Federation4 of Trade Unions on Monday said as many as 20 million migrant workers had lost their jobs in the coastal5 areas of the country in the past few months, even as official statistics put the figure at 3 million.

Meanwhile, sales indicators6 of housing and other commodities showed consumers were still hesitating to spend.

With another round of the financial tsunami7 "quite likely", Chi, a leading expert on reform who has been invited to share his thoughts with the country's highest leadership, urged the government to step up efforts to restore confidence among its public.

"As Premier8 Wen Jiabao put it, confidence is more valuable than gold during the crisis," he said.

Chi further said that China should not waste any opportunity to have its say in reconstructing global economic and financial order during its transformation9 from a big economy to an economic power.

"There is no doubt China will soon overtake Japan to become the world's biggest economy after the United States. But we are not an economic power, and should be realistic about our strengths," Chi said.

It should take about two decades for China to become an economic power "if all goes smoothly10", he said.

"The country is again at a crossroads after three decades of fast development," he added.

Chi suggested that China should actively11 engage in designing global trade, investment and financial rules.

Zhang Xiaoqiang, vice-minister of the National Development and Reform Commission, said yesterday that China will continuously strengthen its opening-up strategy but warned that potential risks brought by expanded cross-border investment and trade should be closely monitored and brought into control.

Chi suggested that China should consider making its Renminbi an international currency. "The process is demanding, but we should start as soon as possible."

Chi also said the government should step up efforts to encourage overseas investment and trade, which should go hand in hand with the country's efforts to internationalize its currency.



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1 stagnant iGgzj     
adj.不流动的,停滞的,不景气的
参考例句:
  • Due to low investment,industrial output has remained stagnant.由于投资少,工业生产一直停滞不前。
  • Their national economy is stagnant.他们的国家经济停滞不前。
2 incentive j4zy9     
n.刺激;动力;鼓励;诱因;动机
参考例句:
  • Money is still a major incentive in most occupations.在许多职业中,钱仍是主要的鼓励因素。
  • He hasn't much incentive to work hard.他没有努力工作的动机。
3 stimulus 3huyO     
n.刺激,刺激物,促进因素,引起兴奋的事物
参考例句:
  • Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
  • Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
4 federation htCzMS     
n.同盟,联邦,联合,联盟,联合会
参考例句:
  • It is a federation of 10 regional unions.它是由十个地方工会结合成的联合会。
  • Mr.Putin was inaugurated as the President of the Russian Federation.普京正式就任俄罗斯联邦总统。
5 coastal WWiyh     
adj.海岸的,沿海的,沿岸的
参考例句:
  • The ocean waves are slowly eating away the coastal rocks.大海的波浪慢慢地侵蚀着岸边的岩石。
  • This country will fortify the coastal areas.该国将加强沿海地区的防御。
6 indicators f46872fc1b5f08e9d32bd107be1df829     
(仪器上显示温度、压力、耗油量等的)指针( indicator的名词复数 ); 指示物; (车辆上的)转弯指示灯; 指示信号
参考例句:
  • The economic indicators are better than expected. 经济指标比预期的好。
  • It is still difficult to develop indicators for many concepts used in social science. 为社会科学领域的许多概念确立一个指标仍然很难。
7 tsunami bpAyo     
n.海啸
参考例句:
  • Powerful quake sparks tsunami warning in Japan.大地震触发了日本的海啸预警。
  • Coastlines all around the Indian Ocean inundated by a huge tsunami.大海啸把印度洋沿岸地区都淹没了。
8 premier R19z3     
adj.首要的;n.总理,首相
参考例句:
  • The Irish Premier is paying an official visit to Britain.爱尔兰总理正在对英国进行正式访问。
  • He requested that the premier grant him an internview.他要求那位总理接见他一次。
9 transformation SnFwO     
n.变化;改造;转变
参考例句:
  • Going to college brought about a dramatic transformation in her outlook.上大学使她的观念发生了巨大的变化。
  • He was struggling to make the transformation from single man to responsible husband.他正在努力使自己由单身汉变为可靠的丈夫。
10 smoothly iiUzLG     
adv.平滑地,顺利地,流利地,流畅地
参考例句:
  • The workmen are very cooperative,so the work goes on smoothly.工人们十分合作,所以工作进展顺利。
  • Just change one or two words and the sentence will read smoothly.这句话只要动一两个字就顺了。
11 actively lzezni     
adv.积极地,勤奋地
参考例句:
  • During this period all the students were actively participating.在这节课中所有的学生都积极参加。
  • We are actively intervening to settle a quarrel.我们正在积极调解争执。
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