Hu Jintao said to carefully grasp of the economic incentives of exit Http://www.sina.com.cn 2010-06/28/08: a-39 According to the Chinese Government network reported that President Hu Jintao 27 in Toronto of the g-20 leaders, the fourth Summit statement said that the international financial crisis has not eliminated the deep impact, to be prudent and sound grasp of the economic stimulation policy exit time, rhythm, dynamics, strengthen the momentum for economic recovery in the world.
Hu Jintao pointed out that the world economy is gradually recovering, but recovery Foundation is not secure, the process does not balance, there is considerable uncertainty. In some countries sovereign debt risks continue to rise, some system problems of importance for financial institutions, primarily concentrated exposure to currency exchange rate fluctuations, the international financial crisis, the deep impact has not been eliminated. <a href="http://www.dunkmall.com/21-nike-shox-shoes-authentic-sneakers-for-sale" >Nike Shox</a>
To this end, Hu Jintao, to strengthen the G20 members of macroeconomic policy coordination, maintain a reasonable policy efforts in support of the occurrence of sovereign debt crises of the country to overcome the current difficulties. G20 countries should maintain fiscal, monetary, trade, industry, policy, sustainability and reduce macroeconomic fluctuations and risk. <a href="http://www.dunkmall.com/22-shox-belial">Shox Belial</a>
At the same time, Hu Jintao, speed up the establishment of a fair, just, inclusive and orderly international financial order, it is necessary to establish and enforce strict capital requirements and leverage, the shadow banking system, the development of a global harmonization of accounting standards. To strengthen the system of supervision of financial institutions of the importance, to take the necessary preventive measures to prevent the risk of excessive speculation.
For the new financial order, Hu Jintao also placed special emphasis on reducing reliance on credit rating agencies to improve credit rating agencies conduct and accountability, in particular, it is necessary to establish objective and fair, reasonable and uniform sovereign credit rating methods and standards to speed up the completion of the International Monetary Fund share adjustment and emerging market countries and developing countries members of the international financial institutions, to improve the representation and voice of developing countries, strengthen the parties, particularly the major reserve currency economy macroeconomic policy oversight. <a href="http://www.dunkmall.com/23-shox-lover">Shox Lover</a>
Hu Jintao also recommends that you want to strongly advocate and support the continued commitment to free trade, and strictly enforce the wrong goods, capital, services, set the new restrictions, and adhere to dialogue and consultations to properly handle trade disputes. In accordance with the maintenance of the Doha mandate, lock the achievements, to existing negotiating text-based principles, the Doha Round negotiations to obtain a comprehensive and balanced outcome, as early as possible to achieve the objectives of the development round.
Hu Jintao pointed out that it is necessary to hold a strong, sustainable and balanced growth of the organic unity, ensure that robust growth is the current world economic development, sustainable growth is a long-term objective, through the transformation of the economic development as an objective to achieve balanced growth.
For China's macroeconomic policy, Hu Jintao of China reiterated in maintaining macroeconomic policy continuity and stability at the same time, emphasized that according to the new situation, new circumstances increase the policy aim and flexibility to properly handle remains stable and fast development, adjustment of economic structures, managing inflation expectations, to enhance the sustainability of economic growth, has always attached great importance to balanced growth.
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