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DOHA, March 20 (Xinhua) -- Cai Mingzhao, executive president of the World Media Summit (WMS) and president of Xinhua News Agency, put forward three proposals at the opening session of the WMS 2016 here on Sunday to help WMS mechanism play a larger role in the future.
Box 3: Lists and Platforms for Streamlining Administration and Delegating Powers
The budget deficit increase, which has received much media hype this year as the central government decides to expand it to 2.18 trillion yuan (334 billion U.S. dollars), only wowed 10 percent of respondents.
The enactment of the new Charity Law, which is going to take effect on Sept. 1 this year, is another step by China in encouraging the growth of the charity sector and will encourage the growing rich population of China to donate to causes supporting the poor, said Munene Macharia, a scholar at the Nairobi-based United States International University.
Today, almost eight years after the international financial crisis struck, the ripples of its implication are still being felt around the world. The world economy is going through profound adjustments. Developed economies are experiencing slow recovery and emerging economies are performing unevenly. Global trade continues to contract, and both global commodities prices and financial markets are fluctuating. Geopolitical risks are growing, and uncertainties and destabilizing factors are on the rise. In Asia, the problems of underdevelopment and imbalances remain acute. Many Asian countries are faced with export decline, growing debts, and economic slowdown. Some have even witnessed sharp depreciation of their currencies coupled with faster capital flight. No wonder some say that the Asian economy is facing one of the toughest times in recent years.
来源：资阳报