Department of Commerce: China economic responsibility on China's economic threat on piracy

Vigilance "China economic responsibility theory" (responses to "China economic responsibility theory")-an interview with Department of Commerce's international trade and economic cooperation, the Dean of the Hopi Foundation

【 Editor's Note: 】 international financial crisis, the Chinese Government timely and decisive action, a series of responses to crisis, stimulate economic growth, the effectiveness of policy measures, significantly positively "the Chinese respondents" of world attention and praise. At the same time, however, individual countries spread the "Chinese economic responsibility theory", the financial crisis and a sluggish world economy recovers, attributed to the Chinese believed that "the current world economy any problems due to China and" asked China to assume its global economic imbalances and the "rescue" of responsibility in the global economy. Starting today, Ben Wang will launch a set of consecutive exclusive interviews, asked experts for "China economic responsibility on" responded and refute respectively, based on the facts, analyze things reasonable explanation, interpretation. Welcome to the community of common interest and discussion.

"China economic responsibility theory" is "China economic threat" of piracy

Reporter: the international financial crisis, we noted that public opinion in some developed countries praised China's economic success, but also large and rendering "China economic responsibility theory" that China has become the dominant force in the world economy, the current world economy, many of the problems with the Chinese, the Chinese not only should bear the responsibility for global economic imbalances, should bear the "save the world economy". On this argument, what do you think?

Hopi Nation: as I understand it, the so-called "China economic responsibility theory" generally has the following characteristics:

— — Is "China economic threat". For a long time now, due to differences in values and social systems, Western wears glasses look at China, when the Chinese economy is experiencing difficulties, we heard a "Chinese crash on" when China's economic development success, risking "China threat". The Western economy by creating "China denied liability theory" in China for world economic recovery and growth in the positive role, while China's rapid economic growth as the main cause of global economic imbalances, and even the global resource supply shortage will return to China. This is actually a "Chinese economic threat" and each other.

— — China denounced misinform and tend to be long-term. Major Western countries subject to repeated hot fried RMB exchange rate issues, most recently of so-called "surplus State responsibility" and "creditors responsibility" and "savings State responsibility" and "energy consumption power responsibility" and "carbon emissions power responsibility" argument, and using all kinds of speculation, forming long-term Chinese negative public opinion, to the international community to "world economy any problems from China, the world economic situation can turn depends on the measures taken by China" impression.

— — Draw induces developing joint pressure on China. Since the financial crisis, the economic performance of developing countries are generally better than developed countries, developing countries share in the global economy is gradually expanded. Western China and some developing countries economically competitive, expanded the RMB exchange rate, and promote a number of developing countries to put pressure on China in an attempt to bring China into the international economy, thereby disrupting the passive situation in China's independent development direction.

The financial crisis and the world economic recovery was weak due to China's unfair and unjustified

Reporter: "China economic responsibility on a major point of view" is the Chinese as the "world economic imbalances, accusing China" the main culprit in promoting world economic recovery, "not as" this is ridiculous?

Joel's founding: China is the victim of the international financial crisis. We all know that the cause of the current financial crisis is the United States Wall Street financial greed and regulatory control, is excessive financial derivatives and investment bank in the world in a big way to manipulate the market speculation futures gets high profits. The reason is the United States financial supervision authority are not in place and the United States Government long-term manipulation of the dollar, causing increased global asset bubbles. And the world economic recession and the root cause of imbalance is not equitable international economic order and international coordination body function.

I think the real imbalance in the global economy is reflected in the North-South development imbalances, United States-led financial assets out of the industrial capital of crazy hype by global asset profit distribution of imbalance. The financial crisis and the world economic recovery was weak due to China's unfair and there is no basis, absurd.

China really responsible for the world, in a crisis contribution beyond doubt

Reporter: your personal evaluation of China as a responsible nation to fight against the international financial crisis and promote the best of the world economic recovery efforts?

Joel's founding: more than 30 years of reform and opening up, China's development path and patterns are generally recognized in the world, China's "peaceful development" and "harmonious world" cultural ideas are widely accepted. In fact, from the "responsibility", China's many years of precisely that we are a responsible nation, has been active in promoting world peace and development.

During the Asian financial crisis, Chinese renminbi depreciation, in areas not economic recovery and to resist the crisis spread to the world has played a key role. That crisis, China on world economic growth contribution rate is 25% or more, become the important support of economic growth.

The international financial crisis, China's rapidly involved in including the G20, the international multilateral coordination, internal and take an active fiscal policy and moderate loose monetary policy guarantees growth, expanding domestic demand, in world economic recovery has played a huge role in demonstrating responsible power play. China as the world's second largest importer in 2009 global cargo trade declined 23%, the United States imports declined by 26%, Chinese imports drop only 11%. This year, China's imports of maintaining a 40% increase in foreign trade balance continues to drop, as a world economic recovery made real efforts. China's contribution to the crisis.

I would also like to strong

Emphasised that the dollar as the world's major currency assets and reserve currency, for many years, especially in the past 10 years, the continued implementation of excessively loose monetary policy, dependent on the dollar currency advantages continue to issue additional u.s. dollars, made up for the United States long double deficit financing, also cause global asset price bubbles market seriously and caused an imbalance in global economic development. While the US and Europe and other developed countries have deliberately exaggerated RMB in global economic imbalances.

From 2008 onwards, in response to the financial crisis, the Renminbi exchange rate adopted in fact fixed dollar policy, this is China in exceptional cases take specific initiatives, while the Chinese economy lead to rebound on the world economic recovery also played an active role in China is consistent with a number of countries in crisis in order to get in the race to depreciate its own competitive advantages of the approach is in sharp contrast! in June of this year, China is the Renminbi exchange rate regime to further reform, relaxed the Renminbi exchange rate volatility, so that better reflect changes in market demand and supply, is most appreciated, this is China's responsibility to the world and a performance.

In environmental governance and global carbon emissions, China also has made unremitting efforts.

Major developed countries render "China economic responsibility theory" of the intention is to transfer international vision, inhibiting the development of China

Reporter: the international gravity acceleration diffusion of background, you feel that Western countries render and hype "China economic responsibility on" true, deep intent?

Joel's founding: major developed colours up "China economic responsibility theory", first of all, is the transfer of international attention. At present, the recovery in global economic difficulties, conflicts growing, large game became more intense, Western countries once again offering a "responsibility" banner, or even say "China is the largest of the financial crisis, the winner" undoubtedly wanted to transfer to the international community of sight, hide, obscure the real causes of the crisis, the buck. But the Chinese because of the total economy, export-oriented economic development speed, and the value in the system, and Western ideas, naturally become the first Western shifted responsibility targets.

Secondly, the rendering of the "China economic responsibility theory" is intended to contribute to China's intention by Western policy adjustments. Crisis, the economy was heavily damaged in major developed countries, the rate of economic growth in 2009 is negative 0.6%. And the major developing countries remained relatively gaozengsu, China has achieved high growth 9.1%. To this end, the Western breeding a serious imbalance. Major developed economies have to revisit their economic development and finance, in its role in economic development and increased focus on exports to economic recovery and employment stimulating role. United States in order to safeguard their own interests, thoughtlessly tossed out five years exports doubled, and reset the Chinese economy, sustainability, frequently under pressure, rapid appreciation of the Renminbi to requirements to achieve the United States to expand exports to China. United States practice like a responsible nation? it can only show the West's cold war thinking still attempts to maintain the mentality, the world economy's original "Center-periphery" structure, orders force China to adapt its adjustment, in order to continue to hold it in the world economy's dominant position.

The third is to ask the Chinese in the world economy to assume greater responsibility. As early as in February 2006, the United States trade representative's Office released the Sino-US economic partnership assessment report by China to assume more responsibility, even outside the WTO commitments assumed include more obligations. In October, the European Commission released the sixth China policy file that of Central Europe-"a mature partnership" to "a closer partnership" transition, by focusing on the two sides shared interests and challenges in turn emphasizes that both sides should assume more responsibility and obligation. Europe's China policy policy changes that the rise of China is the world's attention, and in the international financial crisis, China's remarkable economic responses to enlarge the Western countries and China in world GDP vary in structure. In 2001, China's GDP less than 1/10 of the United States, and the 2009 China GDP has reached the 1/3 of the United States. In the various means to contain China difficult circumstances, Western China economic aggregate is large and the recovery of the economy in crisis, and so, earliest attempt to force China to take out their own capacity for more responsibility, as well as in energy development, climate change, foreign investment, according to Western standards.

Four out of inhibiting the development of strategic considerations in China. China and the Western developed countries values and ideological differences, has always been the heart of the West, is an important factor in disagreements. With the rapid development of China's economy continues to grow and develop, Western psychological imbalance will increasingly prominent, rendering China on the world economy responsible argument will emerge in a variety of features.

China will never subject to external noise to assume pushed beyond its capacity, prejudicial to the interests of its major

Reporter: some people say, "China economic responsibility on" will become "after the crisis" in the era of Western China development path specification, the process of China's rise and balance normalization tools and mass media. You think so? we should envisage?

Joel's founding: Yes, "responsibility" may render long-term, usual trend. Must be clearly recognized that, "China economic responsibility theory" tantamount to a covert kill "," his vigilance. China will never subject to external noise and to bear out its own ability, and the loss of their own vital interests.

In fact, China is still a developing country, and in the development of the road is covered with a hard, of course, can also be understood as China has both the characteristics of developing countries, but also has powers of features. Therefore, the international community looks forward to China and China's self positioning often appear dislocation. Existing international system of developed countries are often more prominent Chinese power status, on the one hand, the previous participation in the China globalization process and seize opportunities for development, on the other hand since this stage West to coordinate and solve many involved in the development of the global economic balance has been too great, want China to assume greater responsibility.

Here, I have to ask: mainly developed countries render "China economic responsibility" is to ask the Chinese to who is responsible for developing countries is to

Responsible for, or to add a few developed countries is responsible for? China to establish a just international economic order is responsible for, or ask the Chinese to establish a United States-led operation rules of the world economy?

I think that China is responsible for its own people, to national interests, our own work to do to ensure the sustained and stable growth of China's economy, which is on the world economy, the people of the world's largest. On this basis, we may, in accordance with its own sustainability considerations bear more responsibility and actively promote the establishment of fair new world economic order, advocacy through mutual cooperation, to create the mutual benefit of the new development model for the world economy to enhance its contribution to the future. (Journalist Gong-man)