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industrialization and urbanization; industrialization and urbanization
Topic Started: Mar 11 2014, 01:42 AM (86 Views)
ggong95


The report identifies the 2014 annual economic targets as: GDP growth of 7.5%, CPI 3.5%, more than 10 million new urban jobs, the registered urban unemployment rate at 4.6%, M2 is 13%, the annual budget deficit ratio 2.1% are expected to determine the exact target of last year, roughly in line with market expectations. This "stability", mainly in order to "enhance market confidence."Of particular note is that the GDP target market concerns, as expressed in the original report "GDP growth of around 7.5 percent," in fact "about" there is no specific place, because the government work report mentioned earlier in GDP expected When the target, air jordan 12 on feet but also have "about" word.Financial Observer: GDP target pressure need to reform the steady growthThis year's budget expenditure was 808.2 billion yuan, an increase of 88.1 billion yuan more than last year, representing a growth rate of 12.2%, compared with 1.5% last year to speed upMeanwhile, reports are still considered "But this year a lot of factors driving prices up, not be taken lightly, we must do price controls, ......." This is the way we think about the risk of deflation in the presence of different prices, also suggests regulatory policy, especially monetary policy, difficult to simply relax, even loose will be lagging behind.The economic outlook for 2014, the report said both favorable conditions, have difficulty factor. From the view of the favorable conditions, mainly "China's development is still in an important period of strategic opportunities can accomplish a great deal, industrialization and urbanization continue to promote regional development leeway big", but these trends are bold aesthetic factors.From the difficulty factor, in terms of the international

situation in general faces many uncertainties. "World economic recovery exist unstable and uncertain factors, some of the national macro-policy adjustments brought variables, emerging economies are also facing new difficulties and challenges to adjust the depth of the global economic situation, more intense international competition." In terms of the domestic situation, are faced with "three overlay", ie the throes of restructuring, and the growth rate of the early shift of policies to stimulate digestion. "Economic steady for the better foundation is not strong, yet dynamic endogenous growth enhancement. Fiscal, financial and otherair jordan 13 for sale fields there are still some potential risks, serious excess capacity in some industries, the macro-control more difficult. Difficulty farmers to increase agricultural production and income Some of the contaminated areas of air, water, soil and other serious energy conservation task is arduous. Employment larger structural contradictions. "the report said, comprehensive favorable and unfavorable factors, the 2014 outlook remains complex.[Experience innovative regulatory approach]Overall the report believes that the current government in 2013 for "innovative ideas and methods of

macro-control" was a success, and the experience of innovative methods of control are summarized, mainly in three aspects: First, decentralization and promote open, two is clear Interval stable expectations, three structural adjustment is precise force.Report clearly said:. "Over the past year the government work in effective ideas and practices in the future to continue to adhere to the practice, continuing to explore and improve the" This means that this year will follow much the same approach to macro-control operation : As long as GDP growth is still above 7.5%, on the "do not take short-term stimulus measures, do not increase the deficit, do not send money, but to increase effective supply, the release of latent demand", the main focus for reform; Only in GDP growth the presence of possible scenarios below,air jordan 1 cheap will consider the financial investment temporarily precise force, increase the "affordable housing projects, agriculture, major water conservancy, Midwest rail, energy saving and environmental protection, social undertakings" and other areas of investment.In our opinion, this idea is undoubtedly very clear and rational. The current government debt ratio need to control, but continued steady growth and requires a certain investment, which seems to be a contradiction, but by stimulating private investment can play a "double-edged sword" effect, while increasing investment and growth constitute the support, and the other On the one hand financial liabilities can be controlled;, but private investment does not just on the active, energetic release can only
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