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坚实的翅膀
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With regards to the impacts on China under the global analysis, absorption (indicative of welfare gains) grows steadily under the progressively liberal scenarios, as does import demand for goods. Chinese export growth is dependent on the level of liberalisation, with the most ambitious levels of multilateral liberalisation causing an overall decline in export supply. This will happen within an environment of increased imports and absorption, and the effect on the average Chinese citizen remains positive. China’s productivity will also rise across the board in land, skilled labour and capital, signifying the gains from both a liberalised, competitive market as well as increased investment. Natural resource productivity rises in all scenarios, with the exception of the final two most ambitious scenarios. It is also expected that unskilled employment will also increase.
Within sector modelling which simulates liberalisation on a sector by sector basis, economic impacts are not as clearly positive. Within the Machinery sector, Chinese imports grow at over ten times the rate of exports, providing a growing market for European sales, but reducing China’s sector’s production (and employment).
In the Environmental Goods and Services sector, China’s production again falls, slightly, although high absorption growth in air pollution control and wastewater management reflects the currently latent Chinese demand for these goods and services able to be satisfied through falling trade barriers. Under the proposed scenarios, China’s imports of environmental goods and services are expected to surge by up to 44.5%, with a 57% increase in imports of European produced air pollution control goods and services.
In the Financial Services sector as a result of liberalisation under the PCA, greater competition will result from increased trade in goods and services between European and Chinese banks and insurance companies. Alongside increased access to a wider variety of products and services, an increase in real income will occur. A more productive and transparent financial services system will further promote China’s next stage of growth and development.
帮忙翻译一下呢,急用,多谢多谢!
2008-06-06 12:36:13   此文章已经被查看106次   
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