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

chinadaily.com.cn
left corner left corner
China Daily Website

Li calls for policies to encourage spending

Updated: 2013-04-18 00:55
By WEI TIAN and CHEN JIA ( China Daily)

Premier says economic growth at reasonable level in 1st quarter

Premier Li Keqiang called for better efforts to ensure growth and boost domestic consumption, as the State Council met to review the economy's performance and map out its policy focus in the coming months.

The State Council met two days after the release of quarterly GDP figures, which some observers described as below their expectations.

The National Bureau of Statistics reported on Monday that GDP growth in the first quarter was 7.7 percent year-on-year, compared with 7.9 percent in the fourth quarter, and 7.4 percent in the third quarter of 2012.

Li said first quarter growth was at a "reasonable level".

While pointing out the general steadiness of the economy's progress and positive signs in the urban job market, the premier acknowledged "new contradictions" and that there is still room to tap the country's potential in industrialization and urbanization.

The premier said China is at a critical period in its transformation from an economy primarily led by manufacturing and exports to one driven more by services and domestic consumption.

The State Council expressed readiness to make greater headway in reforms, while keeping macroeconomic policies largely steady.

It stressed that greater effort must be made to combine the use of "proactive fiscal policy", which often means government-planned investment in public projects, and "prudent monetary policy", which means caution in the overall management of credit supply.

Five near-term tasks were mapped out by the State Council.

The first is to introduce more consumer-friendly policies to encourage people to spend more on medical care, personal development during retirement and cultural interests. In the meantime, adequate funds will sustain the development of urban roads and rail transport, as well as public environmental facilities.

Second, the country's agricultural base should be protected so that an ample supply of farm products can help it steer clear of risk from abrupt price rises.

Third, more is to be done to improve the general welfare by providing jobs, medical care, financial support to students from low-income families and government subsidized housing units.

Fourth, reforms will reduce the number of official approvals, adjust the tax system and pricing practice for key production materials, further liberalize interest rates, move toward renminbi convertibility in the capital account and open up service industries.

Fifth, the State Council also highlighted the need to control the risk of local government indebtedness.

Jin Liqun, chairman of the board of supervisors of China Investment Corporation, said on Wednesday that economic growth may remain moderate for the next five years — lower than 8 percent year-on-year — as the advantage of abundant inexpensive labor recedes.

"China's economy should depend on creating more jobs by upgrading its industrial structure. Excessive reliance on investment in infrastructure construction is unsustainable," said Jin, who was also former vice-minister of finance.

The new leadership faces more challenges from social equity issues, an enlarged wealth gap and employment pressure, and a modest growth pace indispensable to solve those problems, he said.

Jin said the shadow banking system and increasing local debt are worrisome.

Over the next decade, a growth rate of 7 percent may be acceptable by the government, said Ma Jun, chief economist in China with Deutsche Bank.

"Labor costs will continue to rise because of the persistent decrease of the labor population. The Chinese labor force is predicted to fall by 200 million in the next 30 years," Ma said.

Giordano Lombardo, deputy CEO of Pioneer Investments, an Italian investment bank, said Chinese manufacturing is moving toward the upstream industrial chain, which "is an inspiring improvement".

8.03K
 
...
...
...
主站蜘蛛池模板: 中文字幕成人在线观看 | baoyu121永久免费网站 | 美女黄视频在线观看 | 日韩中文字幕在线视频 | 成人黄色免费 | 成人a视频 | 日韩欧美在线一级一中文字暮 | 国产精品亚洲精品一区二区三区 | 青青草国产免费一区二区 | 久久久久久久久免费视频 | 99久久国产综合精品五月天 | 久久香蕉精品视频 | 亚洲 欧美 精品 | 欧美国产精品一区二区免费 | 精品久久久在线观看 | 免费观看欧美成人h | 国产欧美亚洲精品一区 | 国产在线视频欧美亚综合 | 国产欧美日韩综合精品无毒 | 精品中文字幕久久久久久 | 97视频在线观看免费 | 欧美人拘一级毛片 | 国产一级毛片外aaaa | 欧美精品久久久亚洲 | 午夜影院免费体验 | 久久久久性 | 久久综合中文字幕一区二区 | 日韩在线视精品在亚洲 | 国产精品成久久久久三级 | 国产精品亚洲玖玖玖在线靠爱 | 亚洲国产欧美日韩 | 国产特黄一级一片免费 | 国内xxxx乱子另类 | 九九精品视频在线播放 | 日本伊人精品一区二区三区 | 男同黄网站 | 精品老司机在线视频香蕉 | 美女黄色免费在线观看 | 国产高清天干天天视频 | 性欧美成人依依影院 | 成人合集大片bd高清在线观看 |