久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

China highlights stability in 2017 economic work

Xinhua | Updated: 2016-12-16 17:21

BEIJING - China on Friday made stability as the basic tone for next year's economic planning, pledging to push for "substantial progress" in supply-side structural reform in 2017, as a key annual conference concluded.

A statement issued after the Central Economic Work Conference, during which Chinese leaders and senior officials gathered to map out priorities for 2017, said "seeking progress while maintaining stability" will be the main theme.

President Xi Jinping and Premier Li Keqiang addressed the conference.

This year's meeting is particularly important as 2017 will see the 19th Communist Party of China (CPC) National Congress, when a new central committee will be elected.

At macro level, China will stick to proactive fiscal and prudent monetary policies in 2017, the statement said, describing monetary policy as "prudent and neutral" and promising better adjustments to ensure stable liquidity.

Monetary policymaking should adapt to changes in the use of money supply tools, and further efforts are needed for smoother transmission of policy, the statement said.

China will keep the yuan basically stable, while improving the flexibility of exchange rates.

"The stance shows the government is trying to find a subtle balance between stabilizing growth and controlling asset bubbles," noted Hong Hao, chief China strategist at BOCOM International.

The statement did not give a specific growth target for 2017, which is usually made public in March when China's top legislature convenes. Analysts largely expect the goal to be lowered to allow more leeway for pushing reforms.

Zhou Hao, Senior EM Economist Asia with Commerzbank, expects the target to be at 6.5 percent for 2017.

Despite a troublesome start, the Chinese economy is ending 2016 on a firm footing, with encouraging signs of growth being on track to meet the this year's target.

In the first three quarters, the economy expanded 6.7 percent, steady with the first half of the year and within the government's target range of between 6.5 and 7 percent.

However, Friday's statement warned of problems in the economy, including persistent industrial overcapacity and accumulating financial risks.

The key to resolving structural imbalance lies in pushing supply-side reform, the meeting agreed, specifying five major tasks: cutting industrial capacity, destocking, de-leveraging, lowering corporate costs and improving weak links.

Fiscal policy should be more proactive and effective and budgets better planned to accommodate supply-side structural reform, cutting business taxes and ensuring incomes.

On the risk side, curbing asset bubbles will assume more importance in 2017 as the property market has raised fears of risks to financial stability.

To combat downward pressure, China adopted a multi-pronged growth policy last year, including cuts in interest rates and lower deposit requirements.

The stimulus has fueled growth in real estate and investment, two sectors that have proved critical growth drivers, but not without unwanted outcomes. For example, house prices in major cities have soared in an unreasonable manner and required tightening measures.

A market-oriented, long-term mechanism will curb real estate bubbles and prevent volatility. In cities where prices are rising fast, authorities should increase land supply and the share of residential housing.

Other policy includes advancing structural reform in agriculture, reviving the real economy and overhauls of state firms.

China will take substantial steps toward mixed-ownership in the sectors of electricity, oil, natural gas, railway, civil aviation, telecommunications and military industries.

Meanwhile, China aims to attract more foreign investment, hoping foreign-funded businesses can play an important role in developing the real economy.

To ensure the economy runs within a reasonable range, the meeting stressed more coordinated policy-making.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产99视频精品免费观看7 | 萌白酱粉嫩jk福利在线观看 | 亚洲男人天堂2018 | 九九99九九视频在线观看 | 日韩精品小视频 | 国产一级片视频 | 亚洲在线网 | 久草福利社 | 亚洲成a人一区二区三区 | 一道本久久 | 国产亚洲欧美一区 | 韩国免费网站成人 | a级高清毛片 | 国产三级日本三级在线播放 | 一级黄网站 | 久久免费成人 | 精品国产成人高清在线 | 久久99久久精品免费思思 | 99久久综合精品免费 | 经典三级久久久久 | 国产91精品在线 | 狠狠做久久深爱婷婷97动漫 | 久久婷婷影院 | 国产成人影院在线观看 | 欧美顶级毛片在线播放 | 在线欧美国产 | 性盈盈影院影院67194 | 成人a毛片一级 | 一区二区成人国产精品 | 瑟瑟网站在线观看 | 国内精品久久久久影院亚洲 | 欧美高清视频一区 | 日韩欧美在线一级一中文字暮 | 成人精品视频在线观看 | 亚洲国产精品综合久久一线 | 日本阿v精品视频在线观看 日本阿v视频在线观看高清 | 性色xxx| 国产午夜精品久久久久免费视 | 国产高清厕所盗摄视频 | 免费看黄色的网址 | 日韩一级片免费在线观看 |