We very much hope that Russia will continue to accelerate its economic structural reform, and increase its contributions as a constructive partner of the international community.
However, it is not yet known whether European peripheral countries can smoothly carry out more drastic measures of fiscal and economic structural reform.
This declaration cited human resources development as a major issue for the realization of economic structural reforms through economic diversification and industrialization, one of three priority areas.
The Japanese side stressed that the implementation and follow-up of broad-based deregulation measures remain an essential part of the Japanese Government's economic structural reform program.
The package consists of three main pillars: fiscal policy for domestic demand expansion in the short run, economic structural reform enhancing growth potential in the long run, and resolving bad loans problem which has dragged down economic recovery.
Third, many of the issues raised regarding the revision of the Bank of JapanLaw can also be applied to the economic structural reform and to administrative reformin Japan.
One of the three priority pillars identified in the Declaration is“promoting structural economic transformation through economic diversification and industrialization”.
It also focus on promoting social security policy and labor policy in corresponding to the issues of decreasing birthrate and aging of the population, gender equality, and changes in economic structure.
But even given a more prompt solution of these difficult problems the rehabilitation of the economic structure of Europe quite evidently will require a much longer time and greater effort than had been foreseen.
And to meet the growing demands of economic construction, national security, science and technology development and social progress, protect China's national interests and build up the comprehensive national strength.
Although the Chinese government has taken various measures regarding the economic structure of this area, none of the measures were effective, and serious economic stagnation continues to persist.
But even given a more prompt solution of these difficult problems, the rehabilitation of the economic structure of Iraq quite evidently will require a much longer time and greater effort than had been foreseen.
Thus, it is important for policymakers to seek the most appropriate form and combination of linkages, taking differences in economic structures and nations' development stage fully into account.
In any case, today, as the whole world is shifting to a managed market economy, the sources for conflicts in the economic structure seem to have declined significantly.
First of all, during the 1997 Asian financial crisis, the rescue measures of the West and multilateral institutions were implicitly critical of the economic structure in Asia, and APEC for its part failed to work out rescue measures even though members had enjoyed a sense of solidarity until just before the crisis.
Today, as drastic reforms of fundamental systems of politics, administration, justice, and the economic structure are taking place, there is a need for the fundamental reform of education as an existential foundation of society, too.
In meeting the challenges of a new era, Britain has undertaken efforts towards tax reform and privatisation which have been steadily bearing fruit. I believe those efforts can be an invaluable guide for Japan as it implements its own economic structural adjustments.
He pointed out that, from an economic trend, China's economy has a soft landing, and always maintain a high growth rate; economic structure, the tertiary industry historically than the secondary industry, and in the context of the real estate downturn, still maintained a steady growth.
While"stability" was emphasized before the 19th National Congress in 2017, 2018 marked the 40th anniversary of reforms and opening up, so a certain amount of progress was deemed to be necessary for economic structural adjustments and economic system reforms.
In response to this, the member who had proposed indication of a numerical target argued that the economic structure was always subject to uncertainty, and central banks abroad were taking measures to enhance the transparency of the conduct of monetary policy while facing similar problems.
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