"/>

          Temasek bullish on Chinese economy's long-term development
          Source: Xinhua   2018-07-11 20:26:55

          BEIJING, July 11 (Xinhua) -- Singapore's sovereign wealth fund Temasek is upbeat about the long-term outlook of the Chinese economy, a company official said Wednesday.

          China's efforts to deleverage and rebalance the economy and to open up the financial sector will help its economy achieve sustainable development in the long run, according to Wu Yibing, Temasek's head of China, in an interview.

          A more open financial sector, with concrete measures and swift implementation, shows China's economic confidence and provides considerable opportunities for overseas investors, especially those focused on the long term.

          "As an investor in the fundamentals, we value the trend of the macroeconomy," Wu said. "We have full confidence in China's mid- and long-term development."

          Temasek reported a record net portfolio value of 235 billion U.S. dollars as of the end of March, with China forming 26 percent of its underlying portfolio exposure, only second to Singapore's 27 percent.

          Wu Hai, Temasek's managing director of China, said the company has increased investment in innovative firms in such areas as technology, life science, and non-banking financial services.

          Chinese innovation-based enterprises have a promising future thanks to the broad market and abundant funding, he noted.

          "China's economy has gradually shifted to growth more reliant on domestic demand and innovation rather than foreign trade," he said. "No matter what kind of an economic cycle we are in, innovation always drives the economy."

          Editor: Liangyu
          Related News
          Xinhuanet

          Temasek bullish on Chinese economy's long-term development

          Source: Xinhua 2018-07-11 20:26:55
          [Editor: huaxia]

          BEIJING, July 11 (Xinhua) -- Singapore's sovereign wealth fund Temasek is upbeat about the long-term outlook of the Chinese economy, a company official said Wednesday.

          China's efforts to deleverage and rebalance the economy and to open up the financial sector will help its economy achieve sustainable development in the long run, according to Wu Yibing, Temasek's head of China, in an interview.

          A more open financial sector, with concrete measures and swift implementation, shows China's economic confidence and provides considerable opportunities for overseas investors, especially those focused on the long term.

          "As an investor in the fundamentals, we value the trend of the macroeconomy," Wu said. "We have full confidence in China's mid- and long-term development."

          Temasek reported a record net portfolio value of 235 billion U.S. dollars as of the end of March, with China forming 26 percent of its underlying portfolio exposure, only second to Singapore's 27 percent.

          Wu Hai, Temasek's managing director of China, said the company has increased investment in innovative firms in such areas as technology, life science, and non-banking financial services.

          Chinese innovation-based enterprises have a promising future thanks to the broad market and abundant funding, he noted.

          "China's economy has gradually shifted to growth more reliant on domestic demand and innovation rather than foreign trade," he said. "No matter what kind of an economic cycle we are in, innovation always drives the economy."

          [Editor: huaxia]
          010020070750000000000000011100001373174101
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  中字幕久久久久久久免费 | 亚洲日韩色另欧美 | 亚洲精品AⅤ在线观看 | 在线观看国产精品va | 一级少妇女片试看 | 三级网站在线网站 |