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China'S Economy Will Not Have Two Bottom Searches

2011/8/3 14:55:00 36

Favorable Conditions For China'S Economic And Economic Development

Li Pumin, Deputy Secretary General of the national development and Reform Commission, and spokesman of the press, 2, said that as long as the implementation of the central decision-making and implementation of the central government's policy measures is implemented, the good momentum of economic and social development can be maintained, and there will be no major ups and downs in economic growth, nor will the so-called "two bottom finding" be mentioned.


The GDP growth rate has dropped for five consecutive quarters, which is the main reason for some people to worry about the two "bottom finding".

But Li Pumin believes that the first half of the year's economic growth is still in a relatively fast and fast range, there has been no sharp decline, which is stable and slow down. This is the result of macroeconomic policy's role and active regulation, which is in line with the expected direction of macroeconomic regulation and control. "At present and for some time to come, the potential growth rate of China's economy is still at a higher level."


"We can say that we have conditions, abilities and confidence to maintain long-term and steady economic growth."

Li Pumin said that although China's economic development is facing many challenges at home and abroad, it also has many favorable conditions. For example, industrialization, information technology, urbanization, marketization and internationalization are developing in depth, the pformation of economic structure is speeding up, the market demand potential is huge, the overall level of Science and technology and education has been upgraded, and the vitality of the system has been significantly enhanced.


Speaking of the second half year

Macro policy

Orientation, Li Pumin said that the second half of the year will maintain the continuity and stability of macroeconomic policy, and the policy orientation should embody five more attention. The first priority is to stabilize prices and regulate real estate.


Li Pumin said that we should pay more attention to solving the outstanding contradictions and problems in the economic operation, especially to firmly curb the excessive price rise and keep the general price level basically stable. We must adhere to the policy of real estate regulation and control, restrain the excessive rise of housing prices, and improve the development environment of enterprises, especially small enterprises, and ease the business difficulties of enterprises.


The second is more emphasis on structural adjustment.

Li Pumin pointed out that we should consolidate the good momentum of agricultural development, and strive to win the whole year's agriculture, especially grain harvest, and promote the development of strategic emerging industries with the emphasis of independent innovation.

Traditional industries

The upgrading of the structure will accelerate the development of the service sector, especially in energy conservation and emission reduction, accelerate the elimination of backward production capacity, and strictly control the blind expansion of the "two high" and overcapacity industries.


Ensuring and improving people's livelihood is the third important issue of macro policy.

Li Pumin stressed the need to carry out the construction of affordable housing on a large scale, ensure the implementation of the 10 million sets of construction plans this year, continue to improve the lives of urban and rural residents, especially the middle and low income groups, and strengthen social security.


The fourth issue we need to pay attention to is

Domestic market demand

Steady and rapid growth.

Li Pumin said that we should continue to improve the policy of expanding domestic demand, especially consumption demand, tap the potential of consumption, optimize the consumption environment, gradually improve the long-term mechanism of expanding consumer demand, promote steady and rapid economic development, and prevent major fluctuations.


The fifth is to pay more attention to deepening the reform of key areas and key links and opening wider to the outside world.

It includes actively and steadily advancing the price reform of resource products, deepening the reform of finance, taxation, finance, rural areas and cultural system, maintaining the basic stability of foreign trade policy and promoting stable growth of exports.

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