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NEW YORK Cheap Puma Fur Fenty Slides , Jan. 9 (Xinhua) -- China has the potential to maintain an annual economic growth rate of 6 percent until the 2030s, said former senior vice president and chief economist of the World Bank Justin Lin Yifu Tuesday.
Lin, also the honorary dean of National School of Development at Peking University, made the remarks while delivering a keynote speech during the "Forecast: China's Economy 2018 Cheap Puma Fenty Bow Creeper ," an event hosted by the National Committee on U.S.-China Relations and Peking University's China Center for Economic Research in New York.
He attributed his confidence in the Chinese economy to the fact that "China's labor productivity will improve continuously in the years to come."
The economist explained that the way to maintain economic growth is to improve labor productivity, and the way to raise labor productivity is to "have technology innovation as well as industrial upgrading."
Lin said that compared to developed countries like the United States, China, as a developing economy Cheap Puma Fenty Bow Slides , has the so-called "latecomer advantage" in terms of technology innovation and industrial upgrading.
He further stated that developing countries like China can "learn technology that has been matured in high-income countries," so that "the cost and risks of innovation are comparably low, and potentially, developing countries can grow more dynamically than high-income countries."
According to Lin www.macximo.com , China has benefited from the "latecomer advantage" in the past 40 years and achieved an annual growth rate of 9.6 percent, which was hailed as a miracle by many all over the world.
For the years to come, he predicted that China will continue to maintain a faster growth rate compared to developed countries.
To further illustrate his prediction, Lin cited his latest study of the world economy in the past 70 years cheap puma fenty slides womens , pointing out that "In 2008, the per capita GDP of China was 21 percent of the United States, which was similar to Japan in 1951, Singapore in 1967 cheap puma fenty slides sale , China's Taiwan in 1975 and South Korea in 1977."
"The four economies above all achieved an annual growth rate of 8 percent to 9 percent continuously over the next 20 years, which indicates that China can achieve around an 8 percent growth rate continuously from 2008 to 2028," said Lin.
He added that real economic growth will depend on how much China carries out current reforms to ensure social and political stability as well as on the global economic situation.
"From my observation, it is very likely that China will be able to achieve a 6 percent growth rate from now until around the 2030s cheap puma fenty slides ," Lin noted.
The Kremlin said on Tuesday a call by opposition leader Alexei Navalny to boycott next year's presidential election must be checked to see if it complies with the law.
Navalny called on Monday for a boycott of the March 18 election after Russia's central election commission ruled he was not eligible to run for president due to a suspended prison sentence hanging over him.
"The calls for a boycott will require scrupulous study, to see whether or not they comply with the law," Kremlin spokesman Dmitry Peskov told reporters on a conference call.
Declining to comment on the election commission's decision, Peskov shrugged off allegations that the presidential poll would be a farce without Navalny.
"The fact that one of the would-be candidates is not taking part has no bearing on the election's legitimacy Men's Under Armour UA Fat Tire Sandal Grey ," said Peskov.
Navalny, a 41-year-old lawyer, has repeatedly said the suspended sentence handed to him in an embezzlement case was politically motivated.
On Monday Navalny said millions of voters would be disenfranchised without his participation in the election, which opinion polls show incumbent Vladimir Putin winning comfortably.
The European Union also questioned the Russian election commission's decision to bar Navalny.
"[It] casts a serious doubt on political pluralism in Russia and the prospect of democratic elections next year Men's Under Armour UA Fat Tire Sandal Black ," the EU's External Action Service said in a statement on Tuesday.
"Politically motivated charges should not be used against political participation," it said, urging Moscow to ensure a "level playing field" for all Russian elections.
Putin has dominated Russia's political landscape for the last 17 years and if, as expected Nike Air Solarsoft Zigzag WVN SP Sandals Blue , he wins next year's election,he would be eligible to serve another six years until 2024.
Allies laud Putin as a father-of-the-nation figure who has restored national pride and expanded Moscow's global clout with interventions in Syria and Ukraine.
Navalny says he could defeat Putin in a fair election, an assertion Putin's supporters have laughed off.
Navalny has been jailed three times this year and charged with breaking the law for organizing public meetings and rallies designed to bolster his presidential campaign.
(Agencies)
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RIO DE JANEIRO, Oct. 8 (Xinhua) -- Teenage striker Gabriel Jesus said Saturday that Brazil must be ""prepared to suffer"" as they bid for their fourth World Cup qualifying victory in a row against Venezuela on Tuesday.
Brazil are second in the 10-team South American zone standings midway through the two-year qualifying tournament while Venezuela are languishing in last place.
But Jesus said the Vinotinto would be no pushover at their home in the Andean city of Merida, as Argentina found out last month when they trailed 2-0 before escaping with a barely deserved draw.
""We are ready. But we have to be prepared to suffer,"" Jesus told a news conference. ""That's normal now. Football has changed.
""It's going to be a tough game, just like all of the others have been. But we know that being the country of football, we have to keep winning.""
Gabriel, who will join Manchester City from Palmeiras in January, has scored three goals in as many matches. Eduardo Herrera Mexico Jersey Rui Patricio Portugal Jersey Steve Mandanda France Jersey Theo Walcott England Jersey Sime Vrsaljko Croatia Jersey Sebastian Perez Colombia Jersey Walace Brazil Jersey Zakaria Bakkali Belgium Jersey Victor Cuesta Argentina Jersey Nicolas Lodeiro Uruguay Jersey
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