新闻 > 国内
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China

标普下调我国主权评级 专家:中国不必削足适履

2017-09-22 04:37:09   新华网

国际信用评级机构标准普尔21日将中国主权信用评级由AA-下调为A+,展望由负面调整至稳定。

不少学者认为,标普评级所采用的理论已然跟不上世界经济、尤其是中国经济的发展步伐,难以及时、客观、全面呈现中国经济发展现状,更无法指明中国经济发展趋向。中国可以把标普的部分判断作为“善意的提醒”,但完全不必削足适履。

标普此次给我国降级,主要依据是“长时间强劲信贷增长提高了中国经济的金融风险”。按这家机构的说法,尽管中国政府近期加大控制企业杠杆水平的力度,有望稳定中期金融风险趋势,但“我们预计未来两到三年的信贷增长速度仍不低,会继续推动金融风险逐步上升”。

“从标普给出的理由看,他们主要考虑的是信贷与流动性风险。”北京师范大学国民核算研究院副教授李昕分析,“关注信贷与流动性本身没问题,但仅仅因为短期指标变化就判断我国金融系统风险上升、从而调低评级,这值得商榷。”

中央财经大学中国公共财政与政策研究院院长乔宝云认为,与另一家国际信用评级机构穆迪类似,标普下调我国主权信用评级“并不令人意外”,因为这家机构“所采用的理论已经和中国快速发展的现实脱节”,它也没有合理评估中国经济增长的韧性。

“这就好比,标普为每个经济体套上一双同样大小款式的鞋子,继而来审视脚合不合适。”乔宝云说,“但我们完全不必惊慌,更不必削足适履。相反,改革开放近40年的经济社会发展,应该让我们有足够自信泰然处之。”

实际上,标普所提到的杠杆率问题,正是我国一段时期以来着力研究处理并已取得一定成效的课题。根据国际清算银行(BIS)数据,2016年末,我国非金融企业杠杆率为166.3%,连续两个季度环比下降或持平,这是非金融企业杠杆率连续19个季度上升后首次改变;我国信贷/GDP缺口比2016年一季度末降低4.2个百分点,连续3个季度下降,表明潜在债务压力趋于减轻。

“这些评级公司很多情况下是‘后视镜’。”中金公司首席经济学家梁红告诉记者,“问题发生的时候,他们没有注意到,等到问题正在逐步消化解决中的时候,他们又开始关注了。”

分析人士认为,标普作出对中国“降级”的决定,不会对我国的外资吸引力产生太大影响,因为包括就业、企业利润、工业增加值等各项宏观数据依然表现较好,更重要的是,我国政府正在持续着力优化营商环境,推出了多项实实在在的政策措施。

与此同时,部分专家认为,虽然标普的降级决定“存在误判”,但该机构指出的一些问题确实可以作为“善意的提醒”,比如深入推进去杠杆,并加强防范地方政府债务风险等。

责任编辑:任冲 CN062
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China

相关阅读

404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
分享到:
0 0
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China

美图推荐

404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China

为您推荐

加载更多>>
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China
404 Not Found

404 Not Found

Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!

URL: http://3g.china.com:8080/act/news/945/20170922/31498952.html
Server: cms-9-53
Date: 2024/12/26 14:27:14

Powered by China
China