The Central Economic Work Conference Will Hold &Nbsp; &Nbsp; Steady Growth And Anti Inflation Focus.

The 3 session of the Political Bureau of the CPC Central Committee held a meeting to analyze and study the economic work next year.

As the most authoritative "wind vane" of macroeconomic policy, people expect to get a deeper understanding of China's policy keynote in the year 12th Five-Year.

The Chinese Academy of social sciences has pointed out that stabilizing the economic growth and managing inflation expectations is the main task of macroeconomic regulation and control next year.

It is reported that when monetary policy returns from "moderate easing" to "steady", the formulation of "maintaining steady and rapid economic development" will also be replaced by "stable economic growth".

In October this year, in the communiqu on the fifth Plenary Session of the 17th CPC Central Committee, the word "GDP" and other related words were absent for the first time.

Analysts said that the proposal of "stable economic growth" means that China's economic growth goals are clearer.

The analysts believe that China's pformation of the mode of economic development is imperative.

Not demanding too high a short-term growth rate will help to form the "three carriages" of consumption, investment and export to coordinate the growth of economic growth.

Chen Jiagui, an economist at the Chinese Academy of Social Sciences, believes that excessive growth will stimulate demand and raise prices and asset prices in the face of rising inflationary pressures.

Chen Jiagui pointed out that the lowest expected target of China's economic growth is 8%, 8% - 9% as the optimal growth interval, and 9% - 10% as the sub optimal growth interval, and over 10% can be seen as a symptom of overheating.

After six years, China has again implemented a proactive fiscal policy and a prudent monetary policy.

Wang Jian, Secretary General of the macroeconomic Commission of the NDRC, said that this means that the "anti crisis" demand stimulus policy since the financial crisis will fade further. Managing inflation expectations has become the focus of current macroeconomic regulation and control.

Xia Bin, director of the monetary policy committee of the central bank and director of the Finance Research Institute of the State Council Development Research Center, pointed out that the concrete manifestation of "prudent" will tend to be neutral.

The decline in money supply and new credit growth should be the theme.

After removing monetary policy back to normal, the central government recently emphasized market protection and price stability.

Analysts predict that building a long-term mechanism to stabilize prices will become the focus of this economic work conference.

After the "policy keynote" has been identified, many scholars have warned that macroeconomic regulation and control still need to do a good job of risk prevention.

Wang Jian said, from the external situation, the world economy is likely to continue to bottom out in 2011.

The reason why the Fed insisted on the introduction of quantitative easing in the wake of the recovery of the US economy is that they are worried that there will be big trouble ahead.

In China, 2011 is the opening year of the 12th Five-Year plan, and is a critical period for China's economic pformation.

If liquidity is on the brakes, it may also jeopardize economic growth.

When the economic situation at home and abroad is becoming more and more complicated, the convening of the central economic work conference will help to clarify the direction of the coming year, while macro policies still need to be moved in time and opportunely.