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    Handle The Relationship Between Speed Of Development, Structural Adjustment And Inflation Management.

    2012/3/16 14:00:00 8

    Speed Structure Currency

    For China, it is impossible not to maintain a certain speed of development, nor to accelerate the pace of economic restructuring.


      

    Speed of development

    Structural adjustment and inflation management are three aspects that China must attach great importance to and do well in this year and for quite some time now. At the same time, it is also necessary to resolutely deal with the three aspects.

    Any one thing, bad or short legs will have an adverse impact on China's economic and social development, which will affect the pace of China's progress and affect the progress of society and the improvement of people's living standards.


    Speed is a key word that has been closely linked to China's economic development over the past thirty years since reform and opening up.

    On the whole, speed is a fast word for China's economy, with fast growth, rapid economic growth, rapid economic strength, rapid improvement of people's living standard and fast rising status in the world economy.

    However, the law of economic development tells us that no country, a region or an economy can always maintain a situation, a pattern or a state in the process of development.

    China is also the case. For more than thirty years, it has been a miracle to maintain the momentum of rapid development.

    In this miracle, the contradictions and problems brought by "fast" have begun to appear gradually, and the system predicament caused by "fast" has been gradually exposed.


    Fast, though still

    China's economic development

    The important choice that must be firmly grasped is not the only option yet.

    The connotation of "fast" has also changed greatly in the rapid increase of the total economic volume and the continuous enhancement of economic strength.

    Fast, not only quantitative change, but also qualitative change, not only large scale, but also good efficiency, not only in front of the eyes, but also in sustainability.

    Therefore, this year's government work report has lowered the economic growth rate of 8%, which has remained unchanged for many years, to 7.5%. Obviously, it is not only because of the great changes in the international economic situation, but also the reason why China's economy is down. It is a strategic choice of taking the initiative and making the initiative.


    In fact, according to the actual situation of world economic development, 7.5% is not an unacceptable data. It can even be regarded as a data envied by the vast majority of countries.

    The key is whether this adjustment can fully reflect the characteristics of intrinsic changes and whether China's economy can change from quantitative change to qualitative change.

    If that can be achieved, then the 7.5% is a data that can always be included in the annals.


    Obviously, in order to achieve this pformation, we must increase economic restructuring and pformation, speed up the pace of pformation of the mode of economic growth, and enable China's economy to get rid of the development mode of over reliance on resource consumption and environmental pollution as soon as possible, and embark on the development path of environmental friendliness, resource conservation and people's benefit.


    It should be said that since twenty-first Century, the issue of economic restructuring has been a hot topic.

    Especially in recent years, this topic has gradually become a hot issue and focus issue.

    However, due to various factors, especially the correct performance appraisal mechanism has not really been established.

    Therefore, economic restructuring has not made substantial progress.

    On the contrary, because of the excessive development of the real estate industry, the economic structure has become more unreasonable, unscientific and inconsistent with the requirements of sustainable development.

    Such industries as high pollution and high energy consumption, such as steel and cement, began to carry out macro control, rectification, compression and control of production capacity since 2003. However, the enthusiasm of all parts of the country was higher than that of pre regulation and control, and the speed of production was faster.


    Now?

    Adjustment of economic structure

    Once again, the topic has been put before the governments at all levels. Whether we can make substantial progress and whether we can solve China's economic imbalance, uncoordinated and unsustainable contradictions through economic structural adjustment is not only a test of China's economy, but also a test for all levels of government.

    If the local government's governing philosophy and development thinking do not change, and keep an eye on immediate interests, partial interests and even personal interests of officials, economic restructuring will not be able to achieve breakthroughs.

    For now, a very important point is whether local governments can no longer rely too much on "land finance" to develop the economy and create achievements. Instead, they should focus on developing the real economy, upgrading the level of development of the real industry, improving the technological content, technological level and market competitiveness of the entities.

    If such a pformation can be realized, economic restructuring will be able to achieve breakthroughs, and the purpose of actively lowering the speed of economic development can be achieved. Economic restructuring and slowing down the pace of economic development can also achieve interaction.


    Since the financial crisis and especially since last year, price rises have been a difficult problem for economic and social development.

    Although under the influence of a series of policy measures, the momentum of price rise has been effectively curbed, and prices have entered a relatively stable range.

    However, the growth rate of 4% is still not a low figure.

    If the influence of external input is bigger, seasonal factors, climatic factors, structural factors, and even speculation factors will be more, the difficulty of price control is still quite large.

    Therefore, to strengthen inflation management and prevent possible inflation is still a task that must be highly valued for a considerable period of time and in the future.


    If in the development process, often faces

    Inflation

    The strong pressure will not only directly affect the speed of economic development, but also seriously affect the adjustment of economic structure.

    We must speed up the pace of economic restructuring, maintain the growth rate of more than 7.5% of the economy, and do not make prices rise faster, do not have serious inflation, and do not adversely affect the steady improvement of the living standard of residents. We must strengthen the management of inflation and keep prices relatively stable.

    The basic view is that the price level should be controlled within 2%.

    Only when the price level is controlled within 2%, will the price keep a relatively fast pace of economic development and adjust the economic structure, and the space and room will be larger.


    Therefore, for China, in the future development process, we should not only correctly grasp the speed of economic development, grasp the pace of economic development, speed up the adjustment of economic structure and the pace of pformation of economic growth mode, but also do a good job of inflation management, and do not let inflation affect economic development, economic restructuring and residents' life.

    If we can effectively handle the relationship between the three, China's economy will enter a new development stage of quality improvement, comprehensive competitiveness enhancement, development mode pformation, and residents' sense of identity enhancement.

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