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    Central Economic Work Conference Reveals 2012 New Developments

    2011/12/19 11:50:00 19

    Macroeconomic Liabilities

      

    international economy

    The environment is complex and changeable, and the domestic economy is running in a new situation. In 2012, the trend of China's economic development attracted numerous attention.


    The central economic work conference closed on the 14 th, next year China

    Macroeconomic policy

    The keynote, direction and main tasks have been clearly defined, and the 2012 China's economic development profile is "clear and steady".


    In complex situations, it is emphasized that "steady progress".


    "To push forward economic and social development next year, we must grasp the general keynote of steady progress."

    The central economic work conference clearly put forward.


    At present, with the spread of the sovereign debt crisis in Europe and the plight of the US economy in high unemployment and high debt, the world economic outlook is in the doldrums.

    Domestic small and medium-sized enterprises have difficulty in operation, and economic growth has dropped down quarterly.


    "In such a complex situation, we must strive to maintain a good momentum of economic and social development in China, so we need to be" stable ".

    At the same time, we should make use of the forced mechanism brought about by environmental changes to promote structural adjustment and deepen reform so as to enable people to enjoy more development benefits.

    Wang Yiming, vice president of the Macroeconomic Research Institute of the national development and Reform Commission, said that


    The meeting clearly pointed out that stability is to maintain macroeconomic policy basically stable, maintain stable and rapid economic development, maintain a stable overall price level and maintain overall social stability.

    We must continue to seize and make good use of the important strategic opportunities for China's development, make new progress in changing the mode of economic development, make breakthroughs in deepening reform and opening up, and achieve new results in improving people's livelihood.


    "It is difficult for us to change the external demand changes. In the future, China's economic development needs to be more based on domestic demand, more emphasis on structural adjustment, more reliance on reform and innovation, and more emphasis on improving people's livelihood. This is our way forward."

    Yao Jingyuan, a special researcher of the State Council Counselor's office, pointed out.


    "Steady growth" to deal with downward pressure


    Under the influence of internal and external factors, China's economic growth has dropped from 9.7% in the first quarter of this year to 9.1% in the three quarter.


    At the meeting, in proposing the main tasks of next year's economic work, the first is to continue to strengthen and improve macroeconomic regulation and control, and promote steady and rapid economic development.

    We must speed up the relationship between the three factors of speed, structure and price.

    The meeting pointed out that steady growth means insisting on expanding domestic demand and stabilizing external demand, striving to overcome the influence of various unstable and uncertain factors at home and abroad, and solving the problems of signs and tendentiousness in a timely manner so as to keep the economy running smoothly.


    "China's economic growth is down, and the growth rate is down moderately.

    But we must prevent economic growth from falling too fast and trigger a series of social problems such as employment, so we must stabilize our economic growth.

    Zhu Baoliang, deputy director of the Economic Forecasting Department of the state information center, pointed out.


    The meeting proposed that next year we should continue to implement a proactive fiscal policy and a prudent monetary policy.

    Fiscal policy should continue to improve the structural tax reduction policy, increase investment in people's livelihood, and actively promote economic restructuring.

    Monetary policy should be adjusted in a timely manner, so as to maintain a reasonable growth in the total amount of money and credit.


    "Positive fiscal policy has given new meaning and pays more attention to the role of structural tax cuts in promoting economic development.

    Although monetary policy remains unchanged, it will strengthen targeted support for the development of real economy, such as small and medium-sized enterprises and projects under construction.

    Wang Yiming analysis thinks.


    "Structural adjustment" pushes the pformation of development mode


    The impact of the international financial crisis on China's economy is obvious. How can we grasp the opportunities behind the crisis?


    The meeting clearly stated that we should fully understand the opportunities and risks brought by the international financial crisis to China's development, and foster strengths and circumvent weaknesses, and seek advantages and avoid disadvantages.

    The conference stressed that we must continue to grasp the theme of scientific development and accelerate the pformation of the mode of economic development.


    "Accelerating the pformation of the mode of economic development determines whether China's economy can break through in a gloomy international environment, and it also determines whether China can take the lead in the new round of adjustment of the international industrial pattern."

    Zhang Liqun, a researcher with the Ministry of macroeconomic development of the State Council Development Research Center, said.


    Yao Jingyuan believes that such an economic power like China cannot put long-term hopes on economic development on external demand.

    China's industrialization, urbanization and marketization are far from being completed, and the potential of domestic demand is amazing.


    Income is the foundation of consumption, and orderly market is the premise of rest assured consumption.

    The meeting suggested that we should resolutely crack down on commercial fraud and counterfeiting and selling in order to increase the income of urban and rural residents, especially those with low incomes.


    The meeting also suggested that next year we should focus on promoting the upgrading and upgrading of industrial structure.

    We should adhere to innovation drive, cultivate and develop strategic emerging industries, upgrade and upgrade traditional industries, develop service industry, especially modern service industry, and accelerate the growth of cultural industry.

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