According to the report published in Beijing, global financial risk is abating and financial conditions have been improved. You can see the capitals' return to Asia and pickup of economic activities.
The report showed that global economic faced two threats from breakup of Europe and America's fiscal cliff this time last year. But now the risks have been reduced.
Officials from IMF said that Asian economic conditions will get better than the past year. Domestic demand will contribute to the improvement.
At the same time, the report pointed out that it is right of China to increase domestic demand and to readjust the economic structure. Because China cann't rely on the investment and export all the time. It suggested China to increase investment in the medical treatment and education, which will bring benefits to economic development and social stability.
Written by Nicolas Yang
