WASHINGTON, Feb. 9 (Xinhua Liu Hong Jiang Guopeng) World Bank Vice President and Chief Economist 9, said countries in the implementation of the economic stimulus plan, should focus on addressing the bottlenecks that impede economic development area In this regard, developed countries can learn from China's successful experience.
Lin day, Peterson Institute for International Economics in Washington, a speech, said that 90 of the last century in response to the Asian financial crisis, China adopted a proactive fiscal policy, On the one hand to achieve a relatively rapid economic development; the other hand, by highway and other infrastructure, reducing the bottleneck constraining economic development for the next phase laid the foundation for faster economic development.
Lin pointed out that developed countries the formulation of economic stimulus plans should pay attention to the investment priorities for the elimination of bottlenecks in economic development to achieve sustainable development.
his interview with Xinhua after the speech, stressed that such results will serve two purposes in the short term will create employment, stimulate demand in the long run, you can lay a better foundation for economic development.
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