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    Zhang Ping: All Kinds Of Contradictions In The Country Are Interwoven With &Nbsp; We Need To Attach Great Importance To Income Distribution.

    2010/8/26 15:54:00 43

    Finance

    Entrusted by the State Council, Zhang Ping, director of the national development and Reform Commission, reported to the Standing Committee of the National People's Congress on the implementation of the national economic and social development plan 26 this year. He said that the current domestic and international environment for China's economic development is still complicated. From the international perspective, although the world economy is gradually recovering, the foundation of recovery is not solid. From the domestic perspective, various contradictions and problems are intertwined and interact with each other, thus increasing the difficulty of settlement.


    Speaking of the international environment, Zhang Ping said that in the recovery of world economy, Risk hidden danger Still more, the recovery process will not be smooth sailing. Mainly because:


    - Global Economics The driving force for sustained growth is insufficient. The unemployment rate of developed economies such as the US, Japan and Europe is still high, consumer confidence is generally sluggish, the real estate market is still weak, and emerging industries can hardly play a significant role in promoting economic growth in the short term.


    The sovereign debt crisis in some European countries has not yet subsided. Although the European Union and the International Monetary Fund have jointly launched the rescue mechanism, the relevant European countries have announced an unprecedented fiscal tightening policy, but solving the sovereign debt crisis will be a long-term process. In addition, losses caused by non-performing assets of financial institutions, especially subprime loans and related derivatives, have not yet been fully written off, and the number of financial institutions is still increasing.


    Major currencies and international commodity prices fluctuated. The euro has fallen below 1.2 against the US dollar, and has rebounded to more than 1.3 in recent years. The price of raw materials such as crude oil, copper, iron ore and other raw materials has been at a high level. The price of wheat in the international market has shifted from a decline in the first half to a recent surge. In August 5th, the price of wheat futures in Chicago increased by 63.7% over June 30th.


    - trade and investment protectionism is on the rise. The trend of trade protectionism is obviously strengthened and means are more diversified. In the first half of this year, 38 cases of trade remedy investigations were carried out in China, and have become the biggest victims of trade protection. In short, the deep impact of the international financial crisis has not yet been completely eliminated. The structural and systemic risks of the global economy are still outstanding. The international environment for China's economic operation is still quite complex.


    Talk about Domestic environment Zhang Ping said that some long-standing contradictions still exist, new situations and new problems are emerging, and contradictions and problems are intertwined and interact with each other, thus increasing the difficulty of settlement. Mainly include:


    - the situation of disaster relief is grim. Since the flood season, there have been many heavy rainfall events throughout the country, resulting in serious floods and debris flows. The scope of the disaster and the heavy losses are all rare in history. The task of flood control and disaster relief is very arduous, coupled with the weak infrastructure of irrigation and water conservancy.


    - the task of energy saving and emission reduction is arduous. In the first four years of 11th Five-Year, the energy consumption per unit of GDP decreased by 15.6%, with an average annual decline of 4.2%. In order to achieve the goal of saving energy in 11th Five-Year, it will drop 5.2% again this year. At the same time, although the target of sulfur dioxide emission reduction has been completed at the end of last year, the increase in emissions in the first half of this year can not be ignored.


    - managing inflation expectations is more stressful. In the second half of this year, some agricultural products will continue to run at a high price. Import inflation pressure still exists, and speculation and various aspects of price changes are more sensitive, which will magnify the market's expectation of price rise. At present, housing prices in some large and medium-sized cities are still too high, and the work of regulating and controlling the real estate market is still heavy.


    The task of structural adjustment is more urgent. Autonomy innovate Weak capacity, lagging behind the development of service industry, large gap between urban and rural areas, and other issues, are increasingly affecting the steady and rapid economic and social development. In particular, the problem of overcapacity in some industries is further highlighted. In the case of rising labor costs, energy raw materials and environmental treatment costs, some industries and some enterprises will face greater difficulties in production and operation. All these are pressing for structural adjustment and innovation and development.


    In addition, there are still a number of prominent issues concerning the vital interests of the masses in the areas of employment, labor relations, social security, income distribution, social services and safety in production. All these need to be highly valued and effective measures taken to solve them.

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