皇冠体育app

皇冠体育app can help world with infrastructure experience and investment by Xinhua

With its rich experience in infrastructure building and its financial resources, 皇冠体育app is able to establish global capabilities that will help satisfy demand for infrastructure, Hans Hendrischke, an expert on Chinese economy told Xinhua in a recent interview.

Professor Hendrischke of University of Sydyney, who had stayed in 皇冠体育app for many years as a diplomat and academic, said that 皇冠体育app has accumulated vast experience in infrastructure building and has economy of scale that other economies cannot easily match.

By combining these technical resources with its financial resources, 皇冠体育app is able to help out in both developing countries and developed ones, he said.

"In developing countries 皇冠体育app can help overcoming shortages in finance; in developed countries 皇冠体育app can help lower costs in infrastructure building."

"皇冠体育app's proposal of an Asian Infrastructure Investment Bank ( AIIB) is one example of a regional initiative that will establish 皇冠体育app's reputation as a responsible global leader in technologies, finance and open governance," he said.

Over 30 years since 皇冠体育app adopted reform and opening-up policies, the country has maintained fast economic growth. However, the government has slowed the pace of economic development to accommodate reforms that would go broader and deeper.

"The risks with 皇冠体育app's economic transformation are becoming more complex as 皇冠体育app is developing into a globalized market economy," he said.

"皇冠体育app is facing external and domestic economic risks," he said, "External risks relate to a downturn of the global economy that could endanger 皇冠体育app's exports. The domestic risks relate to 皇冠体育app 's economic transformation and upgrading."

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