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SINGAPORE， Dec. 6 (Xinhua) -- The Asia Development Bank (ADB) said on Tuesday in its latest report that strengthening trade linkages and attracting foreign direct investment (FDI) will contribute to Asia and the Pacific's growth and help improve resilience to emerging protectionism.
ADB's Asian Economic Integration Report 2016 noted that with the continued anemic global economic recovery， trade growth in Asia and the Pacific decelerated in 2015， falling further behind growth in gross domestic product.
Trade growth in Asia slowed to 2.3 percent in 2015， below the global average of 2.7 percent， which ADB said was mainly due to the structural transformation underway in China. Rising protectionism and non-tariff barriers are also two major obstacles to trade.
The report highlights that greater trade openness and FDI can strengthen the region's resilience to slow global growth， but countries need to improve their institutional quality， business environment， and policy effectiveness to encourage FDI.
ADB said FDI can contribute to economic growth through job creation， capital mobilization， and infrastructure development， while promoting productivity through technological and knowledge spillovers. It also fosters inclusiveness through better working conditions and rising wages.
On the other hand， the report added that financial integration continues to increase gradually in the region but lags far behind trade integration.
It was reported that migration from Asia also increased between 2010 and 2015. The increase was directed more to outside Asia than within the region. Asia and Pacific is the largest source of international migrants， with its total 83.3 million migrants accounting for more than third of the 243.7 million migrants worldwide as of 2015.
ADB's Asian Economic Integration Report reviews the progress of Asian governments' efforts to integrate their economies and improve cooperation on a variety of levels.
HANOI， Nov. 23 (Xinhua) -- The second session of Vietnam's 14th National Assembly (NA) concluded in capital Hanoi on Wednesday， with three laws and 11 resolutions adopted.
During the session which opened on Oct. 20， Vietnamese lawmakers adopted three laws including law on faith and religion， law on property auction and law amending article 6 and annex 4 on list of conditional business activities of the law on investment， said Le Bo Linh， vice head of the NA Office and NA vice general secretary at a press briefing held here Wednesday on the outcomes of the session.
Among 11 resolutions adopted during the session， the country's top legislature agreed on socio-economic development plan for the year 2017， financial planning， mid-term public investment， and economic restructure plan for 2016-2020 period， as well as on pilot issuance of electronic visa for foreigners travelling to Vietnam， and termination of investment plan into the country's first nuclear power plant.
Meanwhile， Vietnamese legislators also gave first readings on 12 bills such as amended law on railway， law on supporting small and medium-sized enterprises， amended law on management and using of state properties， and amended law on technology transfer among others， Linh told reporters.
At the session， Vietnamese NA targeted the gross domestic product (GDP) expansion in 2017 to hit 6.7 percent. Trade revenue is set to grow 6 percent to 7 percent while the inflation is projected to be under 4 percent.
MORE than 400 people were being treated in hospital yesterday after fire broke out at a water park in Taiwan on Saturday night when colored powder thrown from a stage exploded.
Many suffered serious burns after the blaze spread through the crowd at a music party Air Max 90 Sale Outlet , authorities said. Others inhaled large amounts of black carbon dust.
A total of 498 people sustained injuries in the incident at the Formosa Fun Coast water park in New Taipei City, the city’s health bureau said yesterday, with 419 undergoing hospital treatment Air Max Sale Outlet , including 183 in intensive care who needed urgent skin-grafts.
The bureau said it had sent out urgent calls to organ donation centers and the plastic surgery medical association for donated skin, artificial skin and albumin among other biological necessities.
Six foreigners and seven visitors from China’s mainland, Hong Kong and Macau were among the injured being treated in 43 local hospitals.
The fire Nike Air Max 95 Sale Online , which broke out around 8:30pm on Saturday, was sparked by an accidental explosion of a colored theatrical powder sprayed from the stage, the local fire agency and media said.
The powder used during a one-off event called “Color Play Asia” ignited along the ground Nike Air Max 90 Sale Online , mainly burning people’s lower bodies, said Wang Wei-sheng, a spokesman for New Taipei City’s fire department.
Local government official Lin Chieh-yu told reporters: “It remains under investigation as to what made the powder explode.”
At an emergency meeting yesterday Nike Air Max Sale Online , Eric Chu, mayor of New Taipei, ordered a complete moratorium on the use of such powder in his jurisdiction.
Authorities in other parts of the island also quickly controlled use of the powder and other flammable materials in public places to prevent more accidents.
Taiwan leader Ma Ying-jeou visited burns victims in hospital yesterday afternoon and said that the authorities would be doing their best to ensure victims received the best medical care and find out who was responsible for the incident.
Five people Air Max 95 Sale Online , including event manager Lu Chung-chi, were detained by police.
They are being questioned by prosecutors on charges of offenses against public safety and negligence of duties that caused severe injuries, a police spokesman said.
No fatalities were reported in the incident Air Max 90 Sale Online , but victims suffered burns on limbs and torsos, with some passing out from the pain while others had. Cheap Jerseys Cheap Jerseys China Wholesale Cheap NFL Jerseys Wholesale Cheap Nike NFL Jerseys Cheap NFL Football Jerseys Cheap NFL Nike Jerseys Cheap NFL Nike Jerseys Wholesale Jerseys From China Wholesale Jerseys Wholesale Sports Jerseys
ADB's Asian Economic Integration Report 2016 noted that with the continued anemic global economic recovery， trade growth in Asia and the Pacific decelerated in 2015， falling further behind growth in gross domestic product.
Trade growth in Asia slowed to 2.3 percent in 2015， below the global average of 2.7 percent， which ADB said was mainly due to the structural transformation underway in China. Rising protectionism and non-tariff barriers are also two major obstacles to trade.
The report highlights that greater trade openness and FDI can strengthen the region's resilience to slow global growth， but countries need to improve their institutional quality， business environment， and policy effectiveness to encourage FDI.
ADB said FDI can contribute to economic growth through job creation， capital mobilization， and infrastructure development， while promoting productivity through technological and knowledge spillovers. It also fosters inclusiveness through better working conditions and rising wages.
On the other hand， the report added that financial integration continues to increase gradually in the region but lags far behind trade integration.
It was reported that migration from Asia also increased between 2010 and 2015. The increase was directed more to outside Asia than within the region. Asia and Pacific is the largest source of international migrants， with its total 83.3 million migrants accounting for more than third of the 243.7 million migrants worldwide as of 2015.
ADB's Asian Economic Integration Report reviews the progress of Asian governments' efforts to integrate their economies and improve cooperation on a variety of levels.
HANOI， Nov. 23 (Xinhua) -- The second session of Vietnam's 14th National Assembly (NA) concluded in capital Hanoi on Wednesday， with three laws and 11 resolutions adopted.
During the session which opened on Oct. 20， Vietnamese lawmakers adopted three laws including law on faith and religion， law on property auction and law amending article 6 and annex 4 on list of conditional business activities of the law on investment， said Le Bo Linh， vice head of the NA Office and NA vice general secretary at a press briefing held here Wednesday on the outcomes of the session.
Among 11 resolutions adopted during the session， the country's top legislature agreed on socio-economic development plan for the year 2017， financial planning， mid-term public investment， and economic restructure plan for 2016-2020 period， as well as on pilot issuance of electronic visa for foreigners travelling to Vietnam， and termination of investment plan into the country's first nuclear power plant.
Meanwhile， Vietnamese legislators also gave first readings on 12 bills such as amended law on railway， law on supporting small and medium-sized enterprises， amended law on management and using of state properties， and amended law on technology transfer among others， Linh told reporters.
At the session， Vietnamese NA targeted the gross domestic product (GDP) expansion in 2017 to hit 6.7 percent. Trade revenue is set to grow 6 percent to 7 percent while the inflation is projected to be under 4 percent.
MORE than 400 people were being treated in hospital yesterday after fire broke out at a water park in Taiwan on Saturday night when colored powder thrown from a stage exploded.
Many suffered serious burns after the blaze spread through the crowd at a music party Air Max 90 Sale Outlet , authorities said. Others inhaled large amounts of black carbon dust.
A total of 498 people sustained injuries in the incident at the Formosa Fun Coast water park in New Taipei City, the city’s health bureau said yesterday, with 419 undergoing hospital treatment Air Max Sale Outlet , including 183 in intensive care who needed urgent skin-grafts.
The bureau said it had sent out urgent calls to organ donation centers and the plastic surgery medical association for donated skin, artificial skin and albumin among other biological necessities.
Six foreigners and seven visitors from China’s mainland, Hong Kong and Macau were among the injured being treated in 43 local hospitals.
The fire Nike Air Max 95 Sale Online , which broke out around 8:30pm on Saturday, was sparked by an accidental explosion of a colored theatrical powder sprayed from the stage, the local fire agency and media said.
The powder used during a one-off event called “Color Play Asia” ignited along the ground Nike Air Max 90 Sale Online , mainly burning people’s lower bodies, said Wang Wei-sheng, a spokesman for New Taipei City’s fire department.
Local government official Lin Chieh-yu told reporters: “It remains under investigation as to what made the powder explode.”
At an emergency meeting yesterday Nike Air Max Sale Online , Eric Chu, mayor of New Taipei, ordered a complete moratorium on the use of such powder in his jurisdiction.
Authorities in other parts of the island also quickly controlled use of the powder and other flammable materials in public places to prevent more accidents.
Taiwan leader Ma Ying-jeou visited burns victims in hospital yesterday afternoon and said that the authorities would be doing their best to ensure victims received the best medical care and find out who was responsible for the incident.
Five people Air Max 95 Sale Online , including event manager Lu Chung-chi, were detained by police.
They are being questioned by prosecutors on charges of offenses against public safety and negligence of duties that caused severe injuries, a police spokesman said.
No fatalities were reported in the incident Air Max 90 Sale Online , but victims suffered burns on limbs and torsos, with some passing out from the pain while others had. Cheap Jerseys Cheap Jerseys China Wholesale Cheap NFL Jerseys Wholesale Cheap Nike NFL Jerseys Cheap NFL Football Jerseys Cheap NFL Nike Jerseys Cheap NFL Nike Jerseys Wholesale Jerseys From China Wholesale Jerseys Wholesale Sports Jerseys
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