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

China stresses domestic demand in stimulating growth

By (Xinhua)
Updated: 2009-03-05 10:11

China would make boosting domestic demand a "long-term" strategy and take further measures to stimulate consumer spending, as the country seeks to lead its economy out of a slowdown that started with falling export.

The country would "give a full play" to the "leading" role of domestic demand, particularly consumer demand, in driving economic growth, Premier Wen Jiabao said in his government work report at the opening of the second session of the 11th National People's Congress (NPC) Thursday.

Related readings:
China stresses domestic demand in stimulating growth Domestic demand will be raised: Hu
China stresses domestic demand in stimulating growth Social security crucial to higher consumption
China stresses domestic demand in stimulating growth China's countryside holds key for boosting demand
China stresses domestic demand in stimulating growth Minister: More stimulus plans in the pipelines
China would actively boost domestic demand by increasing people's income, encouraging auto consumption, tapping the rural market, stabilizing the real estate market, offering proper housing for low-income families and accelerating the reconstruction of areas devastated in the May 12 earthquake last year, Wen said.

The government would raise the proportion of the national income that goes to wages, he said, adding the government would continue to adjust income distribution and increase subsidies to farmers and low-income urban residents.

Wen also said that central government investment, planned at 908 billion yuan ($132.71 billion) this year, would mainly go to projects that could improve people's life, to create a more favorable environment encouraging people to spend.

"We must channel government investment to areas where it best counteracts the effects of the global financial crisis and to weak areas in economic and social development," he said.

China stresses domestic demand in stimulating growth

China used to rely heavily on export for growth, but it switched to boosting domestic demand to shore up the economy last November along with a huge four-trillion-yuan stimulus package, following a sharp decline in overseas demand as the global economic turmoil began to spread in the second half.

The country's growth cooled to a seven-year low of nine percent last year, with a contribution of 0.8 percentage points from exports, compared to about three-percentage-point contribution to a revised annual growth of 13 percent in 2007.

This year, China is under immense pressure to reach a targeted 8 percent to create enough jobs and ensure social stability.

Prominent economist and political advisor Li Yining said boosting domestic demand was a decisive factor in attaining the 8-percent growth this year.

   Previous 1 2 Next Page  
 
 Photos
 

 

楚雄市| 凤城市| 潜江市| 美姑县| 施甸县| 庆阳市| 江安县| 随州市| 开化县| 斗六市| 江孜县| 合川市| 邹城市| 嘉善县| 科尔| 布拖县| 夹江县| 平度市| 林西县| 通海县| 四平市| 威信县| 松江区| 赤水市| 敖汉旗| 小金县| 介休市| 沁阳市| 天水市| 齐齐哈尔市| 密山市| 崇州市| 环江| 肥西县| 恭城| 如皋市| 大姚县| 文水县| 崇仁县| 扶风县| 浮山县|