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    2011 Economic Forecast: CPI Target 4%&Nbsp; GDP Up To 8%

    2010/12/14 17:02:00 44

    2011 Economic Forecast CPI

    According to the Guangzhou daily, the central government has just ended.

    economic work

    The conference decided that GDP will increase by 8% next year and the total level of consumer prices will be controlled at about 4%.


    The report quoted authoritative sources as saying that the central economic work conference has clearly identified the main targets for economic and social development next year, including:


      

    gross domestic product

    (GDP) an increase of about 8%;


    Consumer prices (

    CPI

    The total level increase is controlled at about 4%;


    Efforts should be made to optimize the credit structure to maintain a reasonable growth in the total volume of money and credit.


    We will continue to implement the policy of "home appliances going to the countryside" and "replacing old ones with old ones".


    There are more than 9 million new jobs in cities and towns.


    The registered unemployment rate in cities and towns is controlled at 4.6%.


    In addition, China Securities Daily quoted authoritative sources on Tuesday. In 2011, China's broad money supply (M2) growth target will be around 16%, and the scale of new loans for financial institutions may be about 7 trillion and 500 billion yuan.

    But the report also said that the scale of the target has not yet been finalized.

    In 2010, the M2 growth target was 17%, and the credit growth target was 7 trillion and 500 billion yuan.

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