A number of economic indicators in China has signs a stable growth in the past month. Pulasad, a professor of economics at Cornell University in the United States, believes that this means that China's short -term economic prospects have improved, but in view of China's real estate dilemma and insufficient confidence in private enterprisesAs a result, the productive forces are stagnant, and the mid -to -long -term prospects of China's economy are still worrying.

ESWAR Prasad is the former director of the International Monetary Fund (IMF) of the International Monetary Fund. At the 20th anniversary of the 20th anniversary of the 20th anniversary of the 20th anniversary of the 20th anniversary of the 20th anniversary of the Nansha, Guangzhou, he is right.The Chinese economic outlook makes the above judgment.

He said that a number of indicators showed that the Chinese economy recovered after the unblocking of the crown disease this year."But in the past few weeks, I think that the dawn of hope, many indicators show that the momentum of negative growth has weakened."

The latest official data from China shows that (GDP) increased by 4.9%year -on -year, higher than the medium -value forecast of 4.5%higher than the economist.China's third quarter GDP increased by 1.3%month -on -month, which was also better than expected.China September Factory activities , family consumption, urban survey unemployment rate, export order order, export ordersThe amount has also improved.

Plastel said that this shows that China's official economic stimulus policy has been implemented in the past few months, but he emphasized that these policies can only work in the short term and cannot face the Chinese economy that still risks.Provide continuous and strong growth.

He explained that China's real estate industry has not bottomed out and will drag down China's macroeconomic economy for a long time."There will be a lot of trouble in the real estate industry in the future, and some developers will continue to fall in the face of real estate prices; some banks and urban credit cooperatives will also face great risks."

Ding Shuang, the chief economist of Standard Chartered Bank of Standard Chartered Bank and North Asia, also recognized the point of view of China's medium and long -term economic prospects carefully.

Ding Shuang pointed out that although the recent Chinese economic data has improved, the market sentiment is still extremely pessimistic."The contrast that appears is not only everyone's disappointment of not being introduced to large -scale stimuli (policy), but to a large extent reflects people's concerns about the potential of medium- and long -term growth."

He said that when the economy began to show signs of rebound, it was not suitable for the implementation of large -scale economic stimulus policies. It should emphasize economic growth and avoid long -term dependence.From the middle and long term, the risk of using more loose macroeconomic policies to reform the structural reform is more important to slow down the decline in economic growth.

In addition, Ding Shuang judged that restoring people's confidence in China's private economy and family consumption is the key to improving the long -term prospects of China's economy.

He said that China must emphasize the enthusiasm of the private economy and the "animal spirit", and encourage enterprises to find opportunities, adventure, pursue profits, and get rich, so that everyone knows that getting rich is glorious.He said: "This is not a new idea, it is a very important experience in success in China in recent years."

In order to boost the Chinese economy, China has increased its policy support for the private economy since the second half of this year, and a series of measures are densely introduced, including expanding the scale of credit loans of private enterprises and supporting them to participate in major scientific and technological projects.

According to the investigation by Plaosbad, the official efforts have not achieved substantial results so far, because from the perspective of the enterprise, instead of encouraging the development of the private economy from the policy and slogan, they also hope to see the government's substantial help.

Plastel said that the stable development of private enterprises can promote employment and improve the productivity of China's manufacturing and service industry, which is vital to China's medium and long -term economic development.He suggested that officials can set up a better system and legal support framework for private enterprises, allowing private enterprises to better release potential.