Come up Chinese NPC and CPPCC CPPCC: there is no economic hard landing

"NPC and CPPCC moment comes up Chinese Economic Committee of the CPPCC
CPPCC National Committee spokesman Wang Guoqing: Chinese economy "temperament" is still very good, there is no "hard landing" problem
Wang Ziyue
Chinese economy can maintain the high? Sure! Chinese economy is facing a hard landing? Does not exist! For the hot topics about Chinese economy at present, the CPPCC National Committee spokesman Wang Guoqing gives a direct response.
Yesterday, the CPPCC National Committee, twelve session of the four meeting held a press conference at the Great Hall of the people in Beijing. As the first major event every year the national NPC and CPPCC, CPPCC press conference has attracted wide attention because of its covering a wide range of influence is big. This year the debut Wang Guoqing had "the more sensitive, more want to clear the position, also tempt the appetite of the outside world.
For the current economic situation China, Wang Guoqing said the current economic Chinese overall "temperament" is still very good, there is no "hard landing" problem. In explaining the reasons, Wang Guoqing lists China's economy for the better long-term fundamentals have not changed, economic good toughness, potential is sufficient, leeway the basic traits has not changed, good foundation and conditions for sustained economic growth does not change, economic structure optimization of forward momentum has not changed the four reasons.
He also said that in the face of the grim situation of difficult recovery of the world economy, countries must be in the same boat, to continuously expand the converging interests, and international cooperation in capacity is so conducive to the confluence of the Chinese economy and the world economy. "First Financial Daily" reporters yesterday from the CPPCC obtained material also shows that in order to promote the international cooperation capacity, the CPPCC has made many efforts last year, including members of the organization to conduct research at home and abroad.
Our newspaper reporter to interview some CPPCC members said that while China is currently facing the complex environment of three superimposed, but overall "opportunities and challenges", China's powerful economic and policy reserves condition is better than that of the world in many countries, with across the middle income trap conditions.
Four "change" to support economic growth
The economic slowdown has become the focus of the current economic China. In this year's first NPC and CPPCC conference, the first questions is Chinese whether the economy can maintain rapid growth.
In this regard, Wang Guoqing decisively gives "definitely" two words. He said that last year China's economic growth despite the slowdown, but in the global coordinate system see still "standout", 6.9% in terms of speed or from the mass increment see is remarkable.
Wang Guoqing said that although the world economic situation is very complex, but "we are full of confidence in the economy China". Then he put forward the "four no change", which he believes is unchanged, can support Chinese continued fast economic growth the reason to be.
For a reporter asked Western experts believe China economy faces a "hard landing" views, Wang Guoqing said a "hard landing" this concept does not exist. "The overall situation of Chinese economy is good, so there is no" hard landing ", they worry that much." Wang Guoqing said, "if you want to have an ulterior motive" bad mouthing "Chinese, may the results would not satisfy him."
Wang Guoqing said, also reflects the decision-making on the current economic China judgment. Premier Li Keqiang earlier in the meeting with World Bank President Jim Yong Kim said China's steady economic progress, stability is good, running in a reasonable range, of the Chinese government to cope with risks and challenges of all kinds of experience, policy reserves and tools adequate.
Li Keqiang also said that Chinese further implementation of innovation driven development strategy to promote public entrepreneurship, innovation. Reform and innovation of new energy and the rapid growth of traditional energy, for economic growth and expand employment to provide strong support.
For the future trend of China's economy, the State Council Development Research Center researcher Hou Yongzhi et al recently wrote an article said that although is in the structure transformation and speed of the shift of China's economic growth, labor supply, the cost of resources and the environment, technology catch-up space and the external market demand and other factors are changing, but whether it is from the demand side, or from the supply side, China's economy still has potential to achieve rapid growth; either from the existing policy effect, or from the policy tools for later selection, China has the conditions to change the growth potential for the growth of the real.

Foreign investment in China without deterioration of environment
In the process of globalization, foreign investment policy China also has been the focus of attention at home and abroad. Yesterday a reporter asked the foreign investment in China environmental deterioration, Wang Guoqing lists the data representation, does not support the foreign companies in China business environment worsening ".
Wang Guoqing said that before the end of 2015, according to statistics of the Ministry of Commerce, 2015 China attract foreign investment grew by 5.6%, despite a slowdown in growth but still. In January last year to November, foreign investment enterprises set up in China year-on-year growth of 11%. "The foreign business environment in China has not deteriorated, and constantly optimize." He said.
At the same time, the trend for future policy, Wang Guoqing also stressed that China's utilization of foreign capital policy will not change, investment enterprise of foreign countries in China create good investment environment of the policy will not change, protect the legitimate rights and interests of enterprises with foreign investment policy will not change.
Is on the same day, the Ministry of Commerce spokesman Shen Danyang at the press conference said Ministry of Commerce will accelerate to amend the "foreign law" (the Sino foreign equity joint venture law, foreign investment enterprise law and the Sino foreign cooperative enterprise law "), to make the law of foreign investment, and strive for this year submitted to the NPC for deliberation.
Shen Danyang said that preliminary consideration is, to continue to improve the investment environment, and further enhance the confidence of foreign investment in China; second is the use of foreign capital with the transformation of the mode of economic development, adjusting the industrial and regional structures closely together; third is to strengthen the construction of legal system of foreign investment and quickening the amendments of the three methods of foreign investment; four is to further reduce the foreign investment access restrictions, and actively guide the green environmental protection industry, encourages foreign investment in high-tech industries, modern services.
The positive side of foreign investment in China is not only reflected in the government data. The American Chamber of Commerce in Southern China recently released "2016 white paper" China business environment, foreign enterprises are cautiously optimistic about the economic outlook this year China.
Specifically, 246 respondents in 2015 the actual reinvestment amount is greater than the budget and investment. At the same time, all respondents in 2016 and investment budget total rose 8.79%, close to 15% of the respondents will in this year the budget of China Re investment of more than $50 million. On this basis, then the total investment budget of the American Chamber of Commerce in Southern China more than 2300 member companies in 2016 will exceed $13 billion.
Starbucks CEO Howard Schultz more recently said firmly optimistic about China's economy, and plans to increase investment in the Chinese market, every year for the next five years in China open 500 stores.
Many CPPCC research international production cooperation
In resolving overcapacity and industrial upgrading process, accelerate international cooperation capacity, has become an important field of China economic policy deployment.
Wang Guoqing said that last year the national CPPCC members on this topic at home and abroad have made a number of research. Many vivid case shows that in the face of the grim situation of difficult recovery of the world economy, countries must be in the same boat, to continuously expand the converging interests.
When talking about the significance of international production cooperation, he said China high quality and low price of the equipment capacity and "going out" is not only conducive to China has withstood the pressure of the economic downturn, but also conducive to the relevant countries to speed up the development, expand employment.
Wang Guoqing said, for example, held last year in the "China - ASEAN capacity forum", speaking on behalf of that both China and ASEAN in production cooperation a good foundation, great potential and to promote the ASEAN economic restructuring and industrial upgrading, promoting regional economic integration and development. At present, Chinese with Kazakhstan, Egypt and other countries have signed the international production cooperation agreement, production cooperation between the two countries has reached China and Kazakhstan 52 projects, totaling more than $24 billion.
"First Financial Daily" reporters yesterday from the CPPCC obtained material also shows that in order to promote the international cooperation capacity last year, the CPPCC has also made a lot of efforts.
For example, National Committee of the Chinese people's Political Consultative Conference last year in the investigation of Zhejiang Province, Wolong group responsible person said, is for cross-border mergers and acquisitions in the domestic and foreign "double taxation" issue.
Members of CPPCC survey found that the problem in fact, the current has been basically solved, at present China has signed to avoid double taxation agreements covering the United States, Japan, Germany, Britain, France and other major developed capitalist countries and South Africa, Brazil and other emerging market countries. The enterprise will encounter problems, some are on the international cooperation of national policies, norms do not understand due also and intermediary organizations play a role is not enough.