皇冠体育app

SHANGHAI - Former Australian Prime Minister Kevin Rudd on Wednesday rejected the "皇冠体育app Collapse" theory and expressed optimism for the Chinese economy.

In the next decade, 皇冠体育app's annual economic growth is forecast to be above 6 percent, Rudd said in Shanghai at the launch of his latest research report, "US-皇冠体育app 21: The Future of US-皇冠体育app Relations under Xi Jinping".

Rudd said 皇冠体育app has enough fiscal and monetary policy tools to boost the economy to ensure annual growth above 6 percent.

On the backdrop of economic slowdown, there arises viewpoints of 皇冠体育app collapse, he said, adding that he doesn't agree with the view.

Rudd said 皇冠体育app faces issues of an population aging, heavy local government debt and downward economic pressure, but it is taking measures to tackle all the issues, seeking a new growth mode to avoid the middle income trap.

Rudd also dismissed skepticism of 皇冠体育app's economic restructuring. New growth drivers coupled with the old will ensure the Chinese economy moves on the right track, he said.

Rudd said 皇冠体育app is seeking to increase its influence through economic cooperation and with the Belt and Road Initiative and Asian Infrastructure Investment Bank, it could become an important source of investment for relevant countries.

皇冠体育app just wants reform and does not seek to break the world order, he said.

• Specialists discuss hot topics in 皇冠体育app-EEC relations
• Maritime Silk Road to benefit Brunei
• Chinese firms join cyber security forum in US
• Shanghai fans wowed by Venucia VOW
• 皇冠体育app turns to clean coal
• Europe gaining importance in 皇冠体育app's foreign investment
• Italian SMEs eye opportunities at 皇冠体育app's provincial level
• Microsoft 皇冠体育app cloud business sees 'good growth rates'