男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Economy

Australian banker optimistic about China's demand

(Xinhua)
Updated: 2010-08-20 16:57
Large Medium Small

BRISBANE - The Reserve Bank's deputy governor Ric Battellino said here on Friday that the Reserve Bank was optimistic that China's demand for Australia's commodities would make up for some of the deficiency in productivity growth, leaving Australia at least a couple of years of continuous economic expansion still ahead.

"Relative to prices of our imports, export prices are at their highest level in 60 years," Battellino told a group of business leaders at a council forum.

"This is generating a large increase in income for the country: we are forecasting that Australia's gross income will rise by about 10 percent this year," the well-known banker predicted.

Battellino also said the economic reforms over the past 30 years have made Australia a world-beating economy over the past two decades.

Australia's economy had only experienced three quarters without economic growth since 1991, and annual growth had always been positive since the end of the early 1990s recession, he noted.

"The period since 1991 is the longest period of growth that Australia has recorded for at least the past century," he said.

Related readings:
Australian banker optimistic about China's demand China's trade surplus likely to shrink
Australian banker optimistic about China's demand July trade numbers hit record high
Australian banker optimistic about China's demand China iron ore imports up 9% in July
Australian banker optimistic about China's demand Chalco invests $1.35b in Rio's Simandou iron ore project in Guinea

Battellino pointed out that the floating of the Australian dollar in the mid-1980s has been one of the key factors that had kept the run of annual economic growth unbroken, despite the Asian financial crisis of the late 1990s and the global financial crisis.

He also rates labor market deregulation, such as enterprise bargaining, changes to competition and industry policy, and financial system reforms as important to Australia's economic performance.

He also praised the fiscal management of Australia's governments over the past 20 years.

"Budget surpluses were recorded in 10 of the 19 years since 1991. Government debt was reduced sharply, leaving Australia as one of the best positioned developed economies in terms of government finances," he said.

主站蜘蛛池模板: 尉氏县| 祥云县| 阿拉善盟| 三明市| 新建县| 盐池县| 清河县| 铜山县| 海门市| 谢通门县| 福鼎市| 宜川县| 肥乡县| 洛南县| 襄垣县| 布拖县| 察隅县| 陇川县| 色达县| 南漳县| 浙江省| 永年县| 永善县| 会东县| 如东县| 西林县| 荔波县| 安溪县| 格尔木市| 镇远县| 四子王旗| 临沂市| 赤水市| 浪卡子县| 潞西市| 洪湖市| 股票| 金阳县| 大方县| 温宿县| 红原县| 监利县| 裕民县| 宁德市| 喀喇沁旗| 黄石市| 黄陵县| 霍林郭勒市| 卓资县| 南康市| 武穴市| 日喀则市| 勃利县| 台安县| 连州市| 马边| 延川县| 新田县| 乐清市| 固安县| 阳曲县| 鹤峰县| 佳木斯市| 康保县| 驻马店市| 东乌珠穆沁旗| 冕宁县| 崇礼县| 和林格尔县| 濮阳县| 岳普湖县| 新河县| 怀远县| 山东省| 平阴县| 普陀区| 永泰县| 北碚区| 牙克石市| 读书| 来安县| 湘潭市|