www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / China Development Forum

Steady as she goes for the new normal

By Chen Jia (China Daily) Updated: 2015-03-06 08:21

Steady as she goes for the new normal

The government's work report emphasized the need for stability as growth slows and economic restructuring becomes the main priority for the nation's officials, as Chen Jia reports.

China's leadership has highlighted the need for maintaining reasonable growth as a precondition for the new normal stage of economic development, as the government faces what is potentially the most critical period since the 2008 global financial crisis.

Given the increasing downward pressure, meeting the government's new growth target of 7 percent, compared with last year's target of 7.5 percent, may prove difficult to achieve. Official expectations for the inflation rate also retreated from 3.5 percent to 3 percent, indicating weak domestic demand.

The government's annual work report signaled that macro policy could be more flexible this year to deal with an unexpectedly sharp deceleration in GDP growth, while structural reform should make marked progress, and a bottom line must be established to avoid problems, especially in the labor market.

In late February, the People's Bank of China, the central bank, lowered the one-year lending and deposit interest rates by 25 basis points. The move came earlier than expected, and many observers had predicted the cuts would be announced after the release of the main economic indicators for February, when some analysts foresaw Q1 growth coming in under target.

The pace of GDP growth should decline, as a result of the painful transformation of the economic growth model, but there is still a limit, economists said. The NPC meeting centered on three main themes: supporting growth; risk reduction; and rebalancing. A number of analysts said a more specific reform agenda will be outlined after the conclusion of the two sessions.

Since the Party's Third Plenum in late 2013, notable progress has been made in key areas, such as reform of government administration, plus changes to budgetary and fiscal policy, prices, the financial sector and the social safety net.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 色多多最新地址福利地址 | 欧美日韩精品一区二区三区视频 | 欧美综合成人网 | 成年女人在线观看片免费视频 | 精品中文字幕在线观看 | 视频一区视频二区在线观看 | 成人精品一级毛片 | 舔操| 久久久久综合国产 | 亚洲bbbbbxxxxx精品三十七 | 亚洲成av人片在线观看 | 成人免费看黄网址 | 中文字幕有码视频 | 欧美一级俄罗斯黄毛片 | 亚洲第一免费 | 亚洲高清在线视频 | 美女被靠视频免费网站不需要会员 | 一区欧美 | 欧美在线观看免费一区视频 | 国产精品91在线 | 久久午夜精品视频 | 国产91一区二这在线播放 | 国产亚洲精品看片在线观看 | 日本在线不卡免 | a毛片免费播放全部完整 | 国产欧美日韩视频在线观看 | 久久亚洲精品成人综合 | 99视频精品全国在线观看 | 中文字幕一区二区三区视频在线 | 91亚洲免费 | 国产日产高清欧美一区二区三区 | 日韩成人在线播放 | 一级特黄爽大片刺激 | 国产一级片大全 | 盗摄偷拍a在线观看 | 女人野外小树林一级毛片 | 免费在线看黄网址 | 国产欧美日韩成人 | 国产精品黄网站 | 国产自在自线午夜精品视频在 | 亚洲一级二级三级 |