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CPC Central Committee stresses sound, fast economic growth

(Xinhua)
Updated: 2009-09-18 20:57

The Communist Party of China (CPC) Central Committee vowed to continue to keep maintaining sound and fast economic growth as its primary task in economic work in a communique issued Friday at the closing of the Fourth Plenary Session of the 17th CPC Central Committee.

China's economy is recovering from the global downturn, but the foundation of economic recovery is not stable, not solid and not balanced and there are still many uncertain factors in China and abroad, so the country is in a crucial period in maintaining economic growth, the communique said.

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The country would continue with its proactive fiscal policy and moderately easy monetary policy. Macroeconomic policies would remain stable and mechanisms would be upgraded to cope with the global financial crisis.

More effort will be put into restructuring, innovation, reducing energy consumption, and environmental protection.

More efforts will be made to plan as a whole rural-urban development, balance development of different regions, deepen reforms and opening-up and improve the people's livelihood, the communique said.

It urged earnest efforts to maintain social stability and ward off various risks to strive for the fulfillment of economic and social targets this year.

The Fourth Plenary Session of the 17th CPC Central Committee was held from Sept 15 to 18 in Beijing.