COMPANY INTRODUCE
China Hongyang Group, is an integrated enterprise with the research & development, production and marketing of Fuel Dispenser and related accessories as well as service station concerning equipments. It concentrates on the relative manufacture & services of filling station such as Hongyang tax control Fuel dispenser, IC Card fuel dispenser, manage system of network for stations, submerge pump and liquid level devise. China Hongyang Group, designed supplier of SinoPec and PetrolChina, our HONGYANG products have been sold to over 50 countries in South-east Asia, Mid-east, Africa, Europe and well received in their markets.
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
be.
It might seem odd that one kind of reform should be easier to carry out than the other. After all,
they should be mutually reinforcing. All reform creates winners and losers. By muting its
distributional impact, fiscal policy can make the medicine more palatable. Once reform has begun
to work, it should increase potential growth, stabilising the public finances again.
This is roughly what has happened in countries that have faced a crisis in which everything went
wrong at once—such as Sweden in the early 1990s. But in other cases, fiscal measures and
broader reforms have not gone hand in hand indeed, they have often been inversely related. You
can have the first without the second, as in eastern European countries after the fall of
communism. In western Europe it is more common to have fiscal (and monetary) s fuel dispenser tabilisation
without reforms to improve flexibility, as in Germany and, fitfully, Italy. What you cannot have, it
seems, is both.
Each spring, the Centre for European Reform in London publishes a “scorecard�assessing what EU
countries have done to implement the Lisbon agenda of reforms—everything from innovation to
liberalising services to labour-market flexibility. Year after year, countries that have done the most
to stabilise their public finances do worst on the reform scorecard (this year, they include Poland,
Italy and Portugal); whereas countries that do best on the scorecard have done little on the
macroeconomic front (admittedly, this may be because their fiscal deficits are under control to
begin with).
It is rather as if in Europe there is only a fixed lump of reform to go round. If governments invest
time and trouble on improving the public finances, they give up on other reforms. This is
damaging. Since countries in the euro can no longer deploy macroeconomic policy to offset the
pain of other measures, it drives up the overall cost of reform. As a result, there are fewer reforms
than there might be, economies work less efficiently—and it is harder fuel dispenser fuel dispenser
