国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

Beijing's budget balancing act

(China Daily)
Updated: 2007-03-08 09:43

China's premier is trying to get his nation's $2.6 trillion economy to change course. That requires him to maneuver very deftly. Wen Jiabao, delivering his annual report on the work of the government to the legislature yesterday, promised a significant boost in State spending on social services, as well as a smaller budget deficit. That combination demonstrates the balancing act his administration is performing as it tries to spread the benefits of China's booming economy more widely in the country - without disrupting that growth.

One important consequence of the new wave of social programs is a stronger role for the central government in providing, or at least funding, social services. That is a reversal of the previous tendency for local governments to shoulder most of the burden.

And through crackdowns on the confiscation of land and on environmental pollution - problems that have spawned serious social unrest - the central government is also gradually curbing the power of local authorities.