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    Looking At The New Trend Of China'S Economy In 2012 From The Government Work Report

    2012/3/11 20:31:00 8

    Government Economy China

    Premier Wen Jiabao made a report on the government's work on the 5 day, putting forward the main target of China's economy in 2012, and deploying a series of measures for macroeconomic regulation and control and promoting reform.


    In the complex and severe economic situation at home and abroad, people can see the new trend of China's economic development through this report.


    Bistability: stable and fast economic development and basically stable prices


    7.5%, this year, for the first time in eight years, the government work report has slightly adjusted the expected target of economic growth. Around 4%, the expected target of price regulation has remained unchanged from last year.

    How does this arrangement reflect the intention and how will it affect the economic trend?


    "In the grim situation of all kinds of contradictions, it is necessary for China to maintain certain economic growth to cope with the difficult problems.

    At the same time, inflationary pressure is still not small, steady growth will help stabilize prices.

    Liu Shucheng, deputy director of the Economic Department of the Chinese Academy of Social Sciences, said.


      

    Economic growth

    Price is often a contradiction.

    In the course of China's economic development, price inflation is not uncommon because of the fast economic growth.


    The report proposes that the overall level of prices should be basically stable in order to promote steady and rapid economic development.


    "What we want is economic growth and price bistability, and the two must strike a good balance."

    Wang Yiming, vice president of the national development and Reform Commission Macroeconomic Research Institute, pointed out.


    Under the influence of many factors, China's economic growth has slowed down from 2011 to 8.9% in the four quarter since the 9.7% quarter of this year. This trend is still continuing this year.

    Correspondingly, the consumer price index (CPI) rose year-on-year, from 6.5% at the middle of last year to 4.1% at the end of the year, although it rebounded in January this year, mainly due to the seasonal factors of the Spring Festival ahead.


    "The initiative to slow down economic growth, so that the growth rate to a reasonable interval regression, is conducive to stabilizing prices, but also create conditions for economic pformation."

    Yang Ziqiang, governor of the Ji'nan branch of the people's Bank of China, pointed out.


    Many delegate members believe that although the price rise has slowed down, the pressure of price rising is long-standing. The trend of international oil prices is uncertain. People, especially low-income groups, are very sensitive to prices and can not be taken lightly.


    Push forward: expanding consumption and upgrading industries will intensify efforts


    Stability is not an end.

    Unstable, can not enter, but do not enter, also can not stabilize.

    Steady progress is the general keynote of this year's economic work.


    What is the support of China's economic development at the time when foreign demand is sluggish? What will China's economy rely on when market competition intensifies? The report points out that expanding domestic demand, especially consumer demand, is the fundamental foothold for China's long-term steady and rapid economic development, and is the focus of this year's work.


    "In the case of shrinking external demand, expanding domestic demand and leading to consumption become the inevitable choice for China's sustainable development."

    Chi Fulin, President of the National Committee of the Chinese people's Political Consultative Conference and President of the China (Hainan) reform and Development Research Institute, believes that the effective release of domestic consumption capacity will enable China's economy to maintain steady and rapid growth in the next ten or twenty years.


      

    Expanding consumption

    The most fundamental way is to raise the income level. The greatest potential lies in urbanization.

    The report pointed out that we should speed up the construction of a long-term mechanism for expanding consumption, vigorously readjust the pattern of income distribution, actively and steadily push forward urbanization, and gradually extend the basic public services of cities and towns to migrant workers.


    The Yellow Sea, a member of the CPPCC National Committee and former Assistant Minister of Commerce, believes that this will make the middle-income people the main body of the residents and make the migrant workers better integrate into the towns.

    The task is very arduous, but it must be done.


    The development of the real economy has been emphasized in the report.

    With intensified competition and rising costs, upgrading of industrial structure is the only way out.

    The report pointed out that we should promote the optimization and upgrading of industrial structure.


    "Strategic emerging industries are a breakthrough in China's economic pformation."

    John Deng, chairman of the National People's Congress and chairman of the board of directors of the group, pointed out that China should no longer be satisfied with the simple processing and manufacturing export, and should take the strategic emerging industries as the starting point for pformation.


    It is a more realistic choice to upgrade and upgrade the traditional industry with large quantity and wide range.

    The report arranges that this year we should expand the scale of special funds for technological pformation and promote the upgrading and upgrading of traditional industries.


    Ye Qing, deputy director of the National People's Congress and deputy director of the Hubei Provincial Bureau of statistics, thinks that the fund for technological pformation will be allocated 42 pounds. The combination of modern technology and traditional industries with financial funds to guide enterprises and social capital is the best way to improve the quality of "made in China" and form a new competitive power.


    Activation: energizing reform by solving problems


    The difficulties faced by China's economy are as complicated as a mess. But in another way, it is like a simple line, which is the restriction of system and mechanism.


    The report proposes that we should continue to comprehensively promote reforms in the economic system and political system with greater determination and courage to solve the problems of development.

    The key tasks of this year's reform include promoting the development of a diversified ownership economy and deepening the reform of the income distribution system.


    "Reform will not only solve the problems of China's economy this year, but also activate the potential and vitality of China's long-term economic development."

    Zheng Xinli, former member of the CPPCC National Committee and deputy director of the central policy research office, stressed.


    The report proposes that we should improve and implement policies and measures to promote the development of the non-public sector of the economy, break monopoly, relax access and encourage private capital to enter railways, municipal, financial, energy, telecommunications and other fields.


      

    National Development and Reform Commission

    A total of 45 departments have been convened recently to work out plans and schedule to ensure the implementation of relevant regulations for encouraging and guiding the healthy development of private investment in the first half of this year.


    Gao Tianle, chairman of the CPPCC National Committee and chairman of Tian Zheng Group Co., Ltd. said that private enterprises are very concerned about these policies and are very excited because they are related to the future development prospects.

    Private enterprises are most interested in infrastructure and finance, especially finance, which provides "living water source".


    Members of the Chi Fulin Committee believe that the state economy and the private economy must not waver in speeding up development. The key is to make equal use of production factors and fair competition so as to promote China's economic efficiency and vitality.


    The reform of income distribution affects people's hearts and has a long-term relationship.

    The report proposes that we should speed up the overall reform of the income distribution system.


    Chi Fulin stressed that the reform of income distribution is related to the expansion of consumption and social equity. The idea of "raising, raising and expanding" has long been clear.

    At the same time, this reform will lead to the whole body. We must make decisive decisions and launch as soon as possible when weighing the interests of all parties and coordinating the relations between the parties.


    "The future of China's economic development depends on reform."

    Zheng Xinli stressed.

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