编者按:2012年7月17日,我院朱宁副院长做客中央电视台英语新闻频道《Biz Asia》节目,为观众解读中国最新经济数
据。
Q: All right, for more on this slowing investment cash coming into China, we are joined in the studio by Professor
Zhu Ning from Shanghai Jiao Tong University. Great to have you on BIZ ASIA Professor, decline on 7% for FDI coming into
China, also imports and exports decelerated, GDP came down. What’s your point of view in terms of what policy makers
here in China should be doing to with stand the decline overall in China’s economy?
A: I think the policy makers have been doing whatever they can think of right now. They have been now
pushing through a few of fine economic policies trying to fighting or boost the economy. However, I think in the
intermediate or to the long run, I think the policy makers would have to think hard about what is the best way to push
forward some of the tougher reform actions I mean specifically. I think they want to think more carefully about how to
provide more infrastructures and how to reform the taxation fiscal system, so that the population would have more
expendable income, which will further boost domestic consumption, which will make the Chinese economy less rely on export
and on the international market.
Q: Ok, for the second half, what’s your projection for FDI, did we see basically bright meanings out this
week, or do you see a further down trend?
A: I remain cautiously optimistic; however, I do not see a sharp reborn any time soon. I mean, if you look
at China from a foreigner’s prospective, China’s cost of living or cost for labor has increased dramatically
in the past few years, which makes it less attractive to foreign investors. At the very same time, it is worse noticing
that most of the FDI in the past quarter came from Europe. This is somewhat ironic; I think it is partly because the
European economy is doing poorly then the European investor turning their attention away from Europe for a moment. But if
the situation were to change, it may be improving or becoming worse; European investors may turn their attention back to
Europe, which may drive away some of the FDIs coming into China in this past quarter.
Q: The 7.6%, which was the market expect for GDP growth on Friday, what do you see for the rest year of the six
months?
A: I think the number may surprise some people by barely making or barely missing the 8% target, which is
usually used as a gage for the health of the economy. However, at this moment, I don’t think making or missing the
8% target is that important. I think in the long term stability of the economy and the followed reform of the economic and
financial policies are really critical to the long term economic growth of China.