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    NDRC: CPI Rose By 3.5%&Nbsp In The First Quarter; GDP Increased By About 8.4%.

    2012/4/6 7:55:00 16

    GDPCPIStatistics

     

    According to media reports, the 2012 Boao forum for Asia continues to be held in Hainan today.

    Country

    Development and Reform Commission

    Zhang Xiaoqiang, deputy director, revealed that China's GDP grew by about 8.4% in the first quarter.

    In the face of the economic situation at home and abroad, the overall keynote of economic work in 2012 will continue to be "steady progress."


    This year's gross national product will be presented in the government work report.

    Gross domestic product

    The target is set at 7.5%, and the annual consumer price target is around 4%.

    However, from the beginning of this year to the present, the two monthly CPI fluctuate greatly. In January, CPI increased by 4.5% compared with the same period in February, and CPI increased by 3.2% in February. This has caused many people to worry about the uncertainty of CPI data and GDP data that will be released in March and even in the first quarter of this year.



    Zhang Xiaoqiang, deputy director of the national development and Reform Commission


    Zhang Xiaoqiang, deputy director of the national development and Reform Commission, said: according to the preliminary data of China's "research institutions", China's GDP grew by about 8.4% in the first quarter, and the CPI rose by about 3.5%.

    This shows that China's economy has started well this year.


    According to the data released by the National Bureau of statistics, the schedule will be released on 9 March.

    CPI

    Data, and held a press conference on the 13 day to announce the first quarter GDP and other economic data.

    Zhang Xiaoqiang said that the current external environment of China's economy is facing the "European sovereign debt crisis" and "various forms of protectionism".


    Zhang Xiaoqiang: for this reason, China will continue to implement a proactive fiscal policy and a prudent monetary policy. We must focus on dealing with the relationship between steady growth, structural adjustment and price control. We must firmly grasp the strategic basis for expanding domestic demand, especially consumer demand.

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