129823520542031250_44World Bank report: China labor productivity than in Latin America
"Forecasts for the next ten years, China's economic growth rate may drop to 5%. "East Asian economic Conference, to be held on May 23, the World Bank, Bert Hofman, the Bank's representative office in Beijing Chief Economist words, let people feel the economic chill. According to the 23rd by the World Bank report, expected in 2012 China will reach 8.2%, compared to the previous year the actual growth rateDown around 1%. As lower labor-age population in China in the future, China's economic growth rate will continue to decline. To this end, the judge of the World Bank, China needs to increase the intensity of training, to raise the level of skills of workers and improve productivity. Released report shows the date of the 2010 productivity in East Asia are only equivalent to European and Latin American emerging economiesOne-second. Evaluation of purchasing power standards, China's 2010 growth in labour productivity than in 1990 more than 1 time, but still less than half of the OECD countries, than the level of Latin American countries. Chinese Academy of Sciences has published the report, China labor productivity compared to developed countries seriously lag, labor productivity in China's equivalent to the United StatesOne-twelveth, Japan one-eleventh and even India. Recent modernization of Chinese Academy of Sciences Research Center's latest report also stated that in 2008, agricultural productivity is about 47% of the world average, about as high income countries average 2%. China labor productivity than Latin America, according to the report published by the World Bank, labor productivity in China in recent years improving very fast, In accordance with the 1990 purchasing power parity calculations, China's per capita GDP in 1990 only United States of 10%, but by 2010
Rift Platinum, rising to around 20%. Labor productivity in China last year was almost 8 times in 1980, but still significantly lower than the European Union and Latin America country level. After 2007, the International Labour Organization reports that 2006-China industrial labor $ 12,642 annual wealth creation, creating $ 18,908 and labor than in Latin America and the Middle East with an average annual level of $ 21,910. Labor productivity in China than in some developing countries, also makes the World Bank felt that China needs to find a new engine of growth as soon as possible. Because, as the country's labor force totalDecline in labour productivity is expected to improve under China's economic growth will fall soon. Bank will publish in the near future analysis of China's medium-and long-term economic forecasts, the report found that 2030 economic growth decline is large, can reach 5%. Bert Hofman pointed out that now April there were some cooling of China's economic situation, the Government also includes reduced depositsReserve ratios, some measures to speed up the investment approval, believe that China will be able to work well with management this economic slowdown. Associate research fellow, Economic Research Institute of Hebei University of Economics and business Dou Lichen is severity of the problem. She pointed out that past labour force, low-cost, labour-intensive industries have advantages, but now fewer and fewer advantages, increase wages, skills are not going up, which makesMany labour-intensive industries to transfer out. "Like India, people of lower wages than in China, low labor costs, so that even if labour skills and qualities are not particularly high, low cost relative to improve labor productivity. "Recommends that the World Bank economist bulaisikuilin that increase labour force skills training, taking into account China's economic growth rate slowed down, China should speed upInvestments approved by the pace, at the same time increase productivity as soon as possible. "It recommended that increased investment in labour skills training, for those who really have the ideas people have capital to turn ideas into reality. "Dou Lichen also believes that, out of the low labor productivity which in turn makes the circle of economic slow down, are also mainly by enhancing labour skills, training is particularly important. State Council on 523rd meeting executive session, trustworthy growth in a more important position. To increase the intensity of preconditioning fine-tuning as situations change, improving the policy relevance, flexibility and proactive, actively expanding demand policy measures, in order to maintain steady and rapid economic development and create a good policy environment. The Conference, to continue to implement structural cuts, perfect to promote consumerPolicy measures, started a number of major projects concerning overall situation, strong drive to encourage private investors to participate in the railway, services, energy, telecommunications, education, health care, and other areas-building. Since April revenues growth only 6.9%, industrial growth is less than 10% for the first time, to 9.3%, the lowest since May 2009, Vice President of the national development and Reform Commission, macro-Mr CHAN TungQi judgement, might continue to fall in the second quarter, below 7.5%
SWTOR Power Leveling, policies will be relaxed. Next easing of monetary policy, and financial policies, including tax cuts might raise. Bert Hofman believes that China's accelerated investment is necessary in the short term, but in the long run, increased health-care reform as soon as possible, the reform of income distribution system
Diablo 3 CD-KEY, which can takeHigh consumption on the rate of contribution to the economy. Absorbed by urban rural labor force, wages should be increased, so as to promote consumption. 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