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by Xinhua Writers Li Ming Nike Air Presto Essential Sale , Sun Oumeng


NEW YORK, Feb. 18 (Xinhua) -- China has been engaged in enormous domestic economic transformation and Chinese leaders are doing pretty well on this, said former Australian Prime Minister Kevin Rudd.


Leaders in China chose not to artificially inflate the growth rate when the transformation resulted in reduced growth rates as predicted, Rudd told Xinhua in an event held here to mark his arrival as the president of the newly established Asia Society Policy Institute.


"The reduced growth rates" refers to the Chinese GDP growth rate of 7.4 percent in 2014 on a yearly basis, a record low since 1990, which spurred overseas concerns about the economic development of the world's second largest economy.


China is going through a very deep transformation to move an economy from one that is based on labor-intensive manufacturing for export to one that is based on innovation, the services sector www.airprestoshoessale.com , urbanization and private consumption, said Rudd, who served twice as Australia's prime minister and led the country through the 2008 global financial crisis.


Rudd's words echoed what Chinese Premier Li Keqiang said when attending the World Economic Forum annual meeting in Davos, Switzerland in January. The Chinese economy has "entered a state of new normal," Li noted, saying that growth is shifting from a high speed to a medium-to-high speed, and development needs to move from low-to-medium level to medium-to-high level.


The Chinese government has created a blueprint to change the old economic model to a new one Nike Presto Shoes Sale , Rudd said, there will be lots of bumps in the road, but I think China's economic transformation is heading to the right direction.


The transformation is harder for China in the face of global markets "in a state of not just softness, but in fact effective recession and deflation," added Rudd.


He took Europe as an example, saying Europe has historically been a strong market for China and sustained China's economic performance in terms of manufacturing, but the region's economy has been flat and negative for the last seven to eight years.


Instead of the traditional ways to stimulate the economy Nike Air Presto Sale , the Chinese government has chosen to go to the harder road of enduring the transformation, Rudd added.


"The Chinese economy is fundamental to China's role in the region and the world, and it's also fundamental to the well-being of Chinese people," he said.

Games > Game Genres > MMORPG > Perfect WorldWhy Laundromats Near Wide World Sports A Better Choice For People

Posted by morrischibaba in Games on May 26th, 2016


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Author's Bio: The author is a blogger. This article is about Coin laundry wide world sports.


TEGUCIGALPA, Aug. 25 (Xinhua) -- Veteran Olimpia striker Carlo Costly has returned to the Honduras national squad after an 18-month absence, head coach Jorge Luis Pinto said on Friday.


Costly Nike Air Force 1 Low White Sale , 35, quit international football in March 2016 after publicly falling out with Pinto, but the pair have settled their differences, the former Colombia and Costa Rica manager told a press conference.


"Carlo is playing his best football in years," Pinto said. "We hope that he can carry on that form for the national team."


"As the head coach, I know what I should do, and he knows what he needs to do on the pitch. We've brought him in to the team at an opportune time."


Honduras are currently fifth in the Concacaf standings with five points Nike Air Force 1 Low 07 LV8 Grey Sale , nine points behind leaders Mexico.


The top three teams in the group will clinch a direct berth at next year's World Cup in Russia wh. Cheap Jerseys Wholesale Cheap Jerseys Online Cheap Mens Jerseys Cheap Soccer Shirts Cheap Shirts Cheap Hoodies Cheap MLB Jerseys Cheap Soccer Hats China Cheap NFL Hoodies China Cheap NFL Shirts China
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