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

Work Report

Full Text: Report on the Work of the Government

(Xinhua)
Updated: 2013-03-18 19:58

Here, I wish to explain our targets for economic growth and overall prices.

The target for economic growth:

This is a general target that is followed closely by all. In setting this year's target for economic growth at about 7.5 percent, we have taken two factors into account.

On the one hand, we need to continue to seize opportunities and promote development. Over the years, the capacity of China's manufacturing industry has increased considerably and our infrastructure has improved significantly, which means they are better able to sustain development. The rate of savings has been high, and the size of the workforce has remained large. We must better allocate and employ factors of production and maintain a proper level of economic growth in order to provide necessary conditions for creating jobs and improving people's wellbeing and to create a stable environment for changing the growth model and adjusting the economic structure. We must ensure that economic growth is in accord with the potential economic growth rate, the ability to supply factors of production, and the bearing capacity of resources and the environment.

On the other hand, we should, in accordance with the Scientific Outlook on Development, guide all the people to shift the focus of their work to accelerating the change of the growth model, adjusting the economic structure and improving the quality and performance of economic growth, so as to promote sustained and healthy economic development.

In light of these considerations, we deem it necessary and appropriate to set this year's target for economic growth at about 7.5 percent, a goal that we will have to work hard to attain.

The target for overall prices: Maintaining basic stability of overall prices has always been an important macro-control target. Last year, the rise in the CPI dropped to 2.6 percent. This was an important result of our efforts to curb inflation, and it was also due to the overall economic performance. This year, China is still under considerable inflationary pressure. The main reasons are:

-- There is upward pressure on the prices of land, labor and other factors of production and the prices of farm products and services.

-- Major developed countries are increasingly carrying out easy monetary policies, and imported inflationary pressure cannot be overlooked.

-- We need to leave some room for adjusting the prices of energy and resources.

-- The carry-over effect of the CPI increase in 2012 will contribute roughly one percentage point to this year's CPI growth rate.

Taking all these factors fully into account, we have set the target for increases in the CPI at around 3.5 percent for this year. We should effectively ensure the supply of major commodities, boost distribution of goods, reduce logistics costs, tighten oversight over market prices, and keep overall prices basically stable.

To reach the above targets, we must continue to implement a proactive fiscal policy and a prudent monetary policy, maintain continuity and stability of our policies, and make them more forward-looking, targeted and flexible.

We will continue to implement a proactive fiscal policy. We should make our proactive fiscal policy play a bigger role in ensuring steady growth, adjusting the structure, advancing reform, and benefiting the people.

First, we will increase the deficit and government debt by appropriate amounts. This year we are projecting a deficit of 1.2 trillion yuan, 400 billion more than the budgeted figure last year. This consists of a central government deficit of 850 billion yuan and 350 billion yuan in bonds to be issued on behalf of local governments. The time-lag of past structural tax cuts will make it hard for government revenue to grow fast this year, while fixed government expenditures will increase. In particular, it is necessary to increase spending to ensure and improve people's wellbeing and maintain support for economic growth and structural adjustment. Consequently, we deem it necessary to appropriately increase the deficit and government debt. It should be noted that China has a relatively low debt-to-GDP ratio, and the increase in the deficit this year will bring the deficit-to-GDP ratio to about 2 percent, which is overall at a safe level.

Second, we will improve the structural tax cut policy as we continue to reform the tax system. The focus will be on accelerating the pilot project to replace business tax with VAT, improving the way these trials are conducted and extending them to more areas and sectors in a timely manner.

Third, we will work hard to optimize the structure of government expenditures. We will continue to give priority to spending on education, medical and health care, social security and other weak areas that are important to people's wellbeing. We will strictly limit regular expenditures like administrative expenses, and practice thrift in everything we do. Investment from the central government budget will be mainly made in government-subsidized housing projects; infrastructure projects related to agriculture, water conservancy and urban utilities networks; social programs and other projects to improve people's wellbeing; and energy conservation, emissions reduction and environmental protection.

Fourth, we will continue to strengthen management of local government debt. We will properly handle debt repayment and follow-up financing for ongoing projects, put in place a system for managing local government debt and keep such debt at an appropriate level.

We will continue to implement a prudent monetary policy. We will maintain a balance between boosting economic growth, keeping prices stable and guarding against financial risks.

First, we will improve the policy framework for exercising macro-control prudently and have monetary policy play the role of making counter-cyclic adjustments. The target for growth of the broad money supply (M2) is about 13 percent. We will employ a full range of monetary policy tools to control market liquidity, increase the money and credit supply at an appropriate pace, and expand the aggregate financing for the economy by an appropriate amount. We will improve the transmission mechanism for monetary policy, better coordinate financial oversight and monetary policy, and improve oversight standards and their implementation.

Second, we will better allocate financial resources. We will guide financial institutions to increase financial support for structural adjustments to the economy, especially for agriculture, rural areas and farmers, small and micro businesses, and strategic emerging industries, and satisfy funding needs for key national projects under construction or expansion. We will broaden financing channels for the real economy and reduce its financing costs. We will promote steady and healthy development of the capital market.

Third, we will resolutely guard against systemic and regional financial risks. We will guide financial institutions to operate prudently, and we will tighten oversight over financial risks in certain sectors and regions and risks related to the off-balance sheet activities of financial institutions, and thus make the financial sector's support for economic development more sustainable.

8.03K
主站蜘蛛池模板: 亚洲午夜一区二区三区 | 做爰成人五级在线视频| 国产自一区 | 伊人波多野结衣 | 成人看片黄a毛片 | 免费久草视频 | 91久久国产综合精品女同国语 | 国产又色又爽黄的网站免费 | 亚洲欧美精品一区二区 | 亚洲精品在线网站 | 久久久91精品国产一区二区 | 国产精品福利午夜h视频 | 精品欧美一区二区三区四区 | 亚洲精品高清国产麻豆专区 | 九九久久久久久久爱 | 欧美精品在线一区二区三区 | 亚洲综合久久久久久888 | 亚洲福利视频一区二区三区 | 国产成人深夜福利短视频99 | 欧美亚洲另类在线 | 特级做a爰片毛片免费看一区 | 国产精品久久久久国产精品 | 在线视频中文 | 中文字幕乱码系列免费 | 亚洲一区二区三区在线 | 国产专区中文字幕 | 国产精品视频免费播放 | 久久国产精品夜色 | 中文在线视频观看 | 日韩一级在线播放免费观看 | 亚洲综合国产一区二区三区 | 日韩一区二区在线观看 | 国产精品成人观看视频国产 | 欧美另类在线观看 | 欧美成人综合在线 | 日韩精品亚洲一级在线观看 | 亚洲国产影院 | 免费福利入口在线观看 | 欧美久久久久欧美一区 | 亚洲精品xxxxx | 亚洲国产日韩欧美高清片a 亚洲国产日韩欧美在线 |