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

Wen cautious despite 'solid recovery'


By Xin Zhiming (China Daily)
Updated: 2010-03-06 07:58
Large Medium Small

 Wen cautious despite 'solid recovery'

Premier Wen Jiabao delivers his annual work report to deputies during the opening session of the nine-day National People's Congress at the Great Hall of the People in Beijing on Friday. Liu Jin / AFP photo

BEIJING - When Premier Wen Jiabao delivered his government work report last March, the Chinese economy was facing "the most difficult year". This year, Wen remained cautious in his remarks, even after economic experts say that China has experienced a "solid recovery".

China now faces a "crucial year" in which it must rein in inflation and stimulate domestic consumer demand, while coping with a still uncertain global economic recovery and growing trade protectionism, Wen said in this year's report to the National People's Congress on Friday.

China's GDP growth reached an impressive 8.7 percent year-on-year in 2009, higher than the government target of 8 percent.

To steer the economy toward a more entrenched recovery, Wen promised to continue the country's moderately relaxed monetary policy and pro-active fiscal policy. Its fiscal deficit is budgeted to reach 1.05 trillion yuan ($153.7 billion) this year.

"We still face a very complex situation," Wen told the country's nearly 3,000 legislators. "We must not interpret the economic turnaround as a fundamental improvement in the economic situation."

Despite the gradual recovery of the world economy, some economists are still not sure whether there will be a double-dip recession, while the United States, the world's largest economy, faces such problems as high unemployment and unstable recovery prospects.

However, the ample liquidity in the global system as a result of the varied economic stimulus measures adopted by major world economies risk stoking inflation and asset bubbles, he said.

Australia has started tightening its monetary policy while some other major economies are considering stopping their economic stimulus measures.

China has raised the reserve requirement ratio of banks, or the proportion of money they must keep as reserves, twice this year, but government officials have previously said that it is not a sign of an exit strategy.

"Although the monetary policy has been fine-tuned, the fiscal policy remains pro-active," said Jia Kang, director of the Institute of Fiscal Science Research at the Ministry of Finance. "Only the structure of fiscal spending will be adjusted," he told China Daily during the ongoing National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) National Committee session.

"It's a structural adjustment, not an exit," Jia said.

Wen said the country will earmark more resources for social causes, agriculture, people's livelihoods, environmental protection and less developed regions as the country strives to restructure its economy.

Wen also said that the yuan would remain "basically stable at an appropriate and balanced level" despite recent calls from some countries for faster yuan revaluation.

Wen warned that "trade protectionism is clearly reasserting itself" at a time of record trade disputes between China, Europe and the US.

Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
主站蜘蛛池模板: 国产欧美日韩不卡一区二区三区 | 亚洲免费一 | 99视频在线国产 | 国内精品久久久久久影院老狼 | 亚洲一级毛片中文字幕 | 麻豆一区| 91在线永久 | 免费一级毛片在播放视频 | 亚色成人| 国产综合在线观看视频 | 热久久91 | 精品国产视频在线观看 | 26uuu欧美日韩国产 | 牛牛本精品99久久精品88m | 国产a毛片 | 5x性区m免费毛片视频看看 | 国产a久久精品一区二区三区 | 一区二区三区中文字幕 | 青青草原色 | 久久国产一区二区三区 | 免费一级a毛片在线播放 | 久久久久久久一线毛片 | 91欧美精品| 免费播放欧美毛片欧美a | 九九精品国产兔费观看久久 | 自拍成人| 久久在线免费观看 | 久久99精品视免费看 | 在线精品国产成人综合第一页 | 国产精品7m凸凹视频分类大全 | 久热香蕉在线视频 | 久草在线中文最新视频 | 202z欧美成人 | 欧美成人精品不卡视频在线观看 | 亚洲国产精品看片在线观看 | 2019天天操天天干天天透 | 日本高清一本二本三本如色坊 | 精品一区二区高清在线观看 | 亚洲一区 在线播放 | 99久久精品免费看国产一区二区三区 | 亚洲七七久久精品中文国产 |