国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Brakes put on frenzied investment

By Fu Jing (China Daily)
Updated: 2007-12-26 09:38

The central government yesterday pressed provincial and local officials to curb rampant investment and control new projects amid fears of economic overheating and higher inflation.

At a national televised conference, National Development and Reform Commission minister Ma Kai said China's fixed investment growth rate had been too high and that investment approval processes lacked consistency.

"There are too many new projects, and investment in energy-intensive and pollution sectors are still too high," Ma said.

"All the trends can deteriorate our economic stability."

Ma said the cabinet departments of land, environment and economic planning would strengthen efforts to implement China's industry and investment policies.

One of the package measures requires local government to document new projects on a designated website when the amount invested exceeds more than 50 million yuan ($7 million).

"We need the public to be involved to supervise our approval process," Ma said.

China's fixed asset investment rose to 9.15 trillion yuan ($1.2 trillion) in the first nine months of 2007, up 25.7 percent on the same period last year.

For the first 11 months of this year, fixed investment in urban regions increased 26.8 percent.

During January-November, 211,000 new projects were launched, up 24,124 on the previous year.

Overall investment in new projects for the same period reached 7.36 trillion yuan ($100 billion), a 28 percent increase.

"A lot of pressures have been gathering and they have added to the difficulties in cooling down the investment spree," said Luo Guosan, an official in charge of fixed asset investment with Ma's commission.

He said the investment spree had been mainly spurred by provincial and local government decisions.

Yesterday's televised conference was part of a series of meetings to implement decisions made at the annual central economic conference this month.

China's leaders have made it clear that curbing economic overheating and inflation is their highest economic priority.

The leadership also stressed the urgent need to shift development from a resources-intensive mode to a green growth track, with an emphasis on energy efficiency and environment protection.


(For more biz stories, please visit Industry Updates)



Related Stories  
临清市| 谷城县| 任丘市| 龙川县| 马尔康县| 托里县| 盐池县| 股票| 宁海县| 分宜县| 新沂市| 依安县| 宜兰县| 洪江市| 江油市| 凤台县| 邢台县| 美姑县| 明光市| 榆林市| 鄱阳县| 法库县| 临高县| 桦南县| 永昌县| 苍山县| 吴桥县| 确山县| 阿克| 许昌县| 克东县| 安乡县| 即墨市| 安西县| 怀宁县| 德昌县| 新河县| 上杭县| 玉树县| 二连浩特市| 扎鲁特旗|