Growth in Asia shows signs of improving  

國際貨幣基金組織：亞洲未來兩年經濟形勢好轉

國際貨幣基金組織6日在京發布《地區經濟展望報告》。報告認為，當前全球金融風險減弱，金融環境改善，資本回流亞洲，經濟活動回暖。

Beijing (CNS) -- The International Monetary Fund (IMF) issued a report on regional economic outlook in Beijing on Monday, saying growth in the Asia region shows signs of improving.

Asia's economic prospects have improved as extreme risks from advanced economies receded and domestic demand remains resilient, supported by relatively easy financial conditions and robust labor markets, according to the report.

External pressures on Asian economic development, including risks from the break-up of the eurozone and the US fiscal cliff, have been reduced this year, according to Kevin C. Cheng, one of the authors of the report, at a conference held at Renmin University in Beijing on Monday.

Although economic pressures emanating from advanced economies have receded, risks from within Asia, such as rising financial imbalances in some economies, are coming clearer into focus, said Cheng.

Insufficient public spending in medical care and education in Asian countries is also not conducive to long-term development of the region's economy.

China's commitment to boosting its domestic demand and restructuring the economic pattern is quite wise and sensible, he said.

Cheng also suggests Chinese policy makers invest more in medical care and education, in order to maintain social stability, and further promote economic development for the country.