80% APEC opinion leaders satisfied with China's responses to crisis

20:29, November 11, 2009      

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Eighty percent respondents to a survey said they were satisfied with China's responses to the economic crisis, according to a report released Wednesday by the Pacific Economic Cooperation Council (PECC) during the APEC meetings.

The survey of nearly 400 opinion-leaders from businesses, governments, think tanks and civil societies was conducted by the PECC in October and is part of PECC's annual State of the Region report.

The October number was higher than that of the last survey conducted five months ago, when 62 percent of the respondents said they were impressed by China's swift responses.

When asked about if China is doing enough to encourage domestic demand, 53 percent of the surveyed said they agreed or strongly agreed. Only 24 percent disagreed or strongly disagreed.

The survey also painted a rosy picture of the APEC economies' future. China, again, topped the list in respondents' expectations for economic growth over the next 12 months, with 81 percent thinking China's economic growth for the next 12 months would be stronger or much stronger.

Expectations for the global economic growth also improved considerably over the one-year span. Nearly 70 percent of the respondents expected the global economy to grow, while a year ago only 2 percent thought so.

The PECC is the only non-government official observer of the APEC, providing information and analytical support to APEC ministerial meetings and working groups.

Source: Xinhua
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