免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

Economists warn social unrest amid crisis

(Xinhua)
Updated: 2009-01-05 16:28

BEIJING -- Unemployment driven by the global financial crisis could cause social unrest in China, although the economy looks set to reach its annual growth target of 8 percent, according to a survey of leading Chinese economists.

Job seekers flock a job fair for postgraduates in Beijing, December 14, 2008. Unemployment driven by the global financial crisis could cause social unrest in China, according to a survey of leading Chinese economists. [Agencies]

Related readings:  China's external trade estimated to grow 18% in 2008  China alluring to foreign investors  China sets 10% growth target for township enterprises in 2009  Stimulus plan is windfall for multinationals

Han Kang, vice-president of the National School of Administration in Beijing, warned that rising unemployment, particularly among university graduates and migrant rural workers could lead to unrest unless it was tackled urgently.

Han was one of 13 leading economists interviewed in a survey by "Outlook Weekly" magazine published by Xinhua, who predicted economic growth would fall in the first half of 2009, but surge back above 8 percent later in the year.

"Unemployment among university graduates and migrant workers, caused by the global economic downturn and the shrinking of export industries will put much stress on Chinese society in 2009, even social risks," Han said.

"The 4-trillion-yuan stimulus plan, intended to boost the economy and ensure the 8 percent growth rate, may not create as many steady jobs as expected," he said.

The US economic downturn would curb China's exports growth in the medium term, said Wang Xiaoguang, director of Research Institution under National Development and Reform Commission.

Other economists in the survey included Jia Kang of the Ministry of Finance, who said, "The economic figures for the first quarter will be a little unpleasant, however, the economic trend of 2009 is still optimistic with a predicted annual growth of around 8.5 percent."

Zhang Liqun, researcher with the State Council Development and Research Center, said "The recent macro-management policies will result as a strong curb on the falling economic growth in about six months."

Most economists agreed the second half would be a turning point as the looser monetary and fiscal polices gradually took effect.

Abundant savings, a secure and sound banking system, multi-level market demand and powerful government mobilization were the four factors that contributed to China's prospects, said economists.

The government was still aiming at an 8 percent economic growth rate for 2009 despite challenges, Liu Mingkang, chairman of the China Banking Regulatory Commission, said at a financial conference last month.

China's economic growth slowed to 9.9 percent in the first three quarters of 2008 after five years of double-digit increases. The annual economic growth of 2008 is estimated at around 9 percent by the economists.