Home >

In The Next Two Months, CPI Will Be Below 5%&Nbsp; Price Inflection Point Is Confirmed.

2011/10/24 14:51:00 18

??? 日本語 Fran?ais English 中文

Peng Sen, deputy director of the national development and Reform Commission, was in the ninth session recently.

China Reform Forum

"The total price level since August," he said.

Gain

Beginning to fall, the inflection point characteristics of price movements have been confirmed during the year, and the consumer price index (CPI) is expected to be controlled below 5% in the two months after this year.

He said that since this year, the government has adopted a series of measures to stabilize market supply and reduce.

Circulation cost

The policies and measures to rectify the market price order and promote the return of money and credit to repay loans have been basically controlled.

Since August, the overall price level has started to fall, and CPI rose by 6.1% in September. The price inflection point characteristics have been confirmed in the year. It is estimated that CPI will be controlled below 5% in the two months after this year.

In terms of the future economic situation, Peng Sen believes that the domestic and international environment for economic development is still very complex, and the contradictions of unbalanced, uncoordinated and unsustainable development are still outstanding. Some new situations, new problems and new contradictions have emerged in the international environment and domestic economic operation. The complexity of the situation and the arduous nature of regulation and control are increasing.

He pointed out that from the international perspective, the recovery process of the world economy has suffered great setbacks this year, and the world economy is full of uncertainties.

First of all, the downside risks of the world economy are increasing, and the US economy is constrained by factors such as high unemployment rate, insufficient consumer demand, and the stagnation of the real estate market.

Secondly, the problem of sovereign debt risk and inflation is prominent.

Third, the policy choices and coordination of major global economies are more difficult.

From the domestic point of view, some institutional structural contradictions have not yet been fundamentally solved, the development mode is still extensive, the three industrial structures of investment and consumption are still unreasonable, the resources and environment constraints are further strengthened, and the input of the global liquidity is too loose.

Inflation

The pressure has not yet been significantly weakened.

The contradiction between the price of domestic resource elements is prominent, the pressure of economic structural adjustment is increasing, and the problems of blind investment and overcapacity in some fields are exposed further.

"Therefore, some short-term problems and long-term problems are intertwined, structural problems and institutional problems are intertwined, and domestic problems and international problems are interconnected. This will be a basic environment for China's economic and social development in the '12th Five-Year' period.

Peng Sen said.

He also said that the current pformation of the mode of economic development to a certain extent is mainly driven by the government, and the role of the market mechanism still has much room for improvement.