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

Chinadaily.com.cn
 
Go Adv Search

China lowers GDP target for quality growth

Updated: 2012-03-12 14:49

(Xinhua)

  Comments() Print Mail Large Medium  Small

The lowered target has also given full consideration to the domestic consumer price level.

Economic growth speed usually contradicts price level. As the history of China's economic development has shown that it is not rare for the prices to skyrocket as the result of the sizzling economic growth. However, to keep the prices down excessively would risk putting the economy at a standstill.

According to the work report, the Chinese government set the full-year inflation control target for 2012 at 4 percent, unchanged from the target in 2011. It said China will maintain steady and robust economic development while keeping the consumer price level stable.

"In projecting a CPI increase of around 4 percent, we have taken into account imported inflation, rising costs of factors of production, and people's ability to absorb the impact of price increases, while leaving room for the effect of price reforms," Wen said.

Liu Shucheng, an economist with the Chinese Academy of Social Sciences, said the lowered target would help maintain a stable price level.

"The government is seeking a balance between economic growth and inflation and keep them both at a stable level," said Wang Yiming, deputy director of Macroeconomic Research Institute of the National Development and Reform Commission.

“Setting high growth target would increase inflationary pressure,” Wang noted.

The consumer price index (CPI), a main gauge of inflation, increased 3.2 percent year-on-year in February, its lowest pace in 20 months, the National Bureau of Statistics said Friday.

Ma Jiantang, director of the National Bureau of Statistics, on Monday said he expected inflationary pressure to ease a little as the economy slows this year, but he warned of a resurgence in inflation if the problem is not taken seriously.

"Potential factors such as rising labor costs that push up prices are still there," said Ma. "If not properly controlled, the inflation potential will turn into real risks for our economy."

Premier Wen pledged in the report that the government will continue to implement a proactive fiscal policy and a prudent monetary policy this year.

   Previous Page 1 2 3 Next Page  

平利县| 纳雍县| 茌平县| 济源市| 桐庐县| 介休市| 墨竹工卡县| 普兰店市| 镇赉县| 和田县| 襄樊市| 乐亭县| 忻城县| 东辽县| 佛山市| 饶河县| 保靖县| 读书| 淄博市| 乌鲁木齐县| 普宁市| 阿拉善右旗| 英德市| 博乐市| 辽中县| 诏安县| 万盛区| 大港区| 平潭县| 鹤峰县| 从江县| 宕昌县| 藁城市| 东乌珠穆沁旗| 荣昌县| 海原县| 隆化县| 彰武县| 新巴尔虎右旗| 阳江市| 崇左市|