[Abstract] Our suggestion on the basic orientation of the macroeconomic policy for 2010 is: continue to maintain the overall tone of a proactive fiscal policy and a moderately loose monetary policy while ensuring steady growth, and improve policy relevance and flexibility according to the new situation. The fiscal policy should stabilize the size of the deficit, reduce the deficit ratio and concentrate on adjusting the structure of expenditures. The monetary policy should keep the growth rate of broad money supply (M2) at around 16%, keep the scale of newly extended credit at around eight trillion Yuan, appropriately lower the proportion of medium and long-term loans and increase the proportion of short-term loans. Improve the balance between the total demand and supply of society, promote transformation of development modes and advance the development of public welfare undertakings through the adjustment of macroeconomic policies.
[Abstract]Benefiting from the recovery of external demand and economic stimulus measures implemented by the Japanese government, Japan is gradually moving out of economic recession and achieving growth. But with the effects
[Abstract] The U.S. personal savings rate is growing sharply, since the outbreak of the financial crisis and rose to 6%—the highest in nearly a decade in May 2009. Therefore, some economists and institutions abroad
[Abstract] Russia's national development strategy is to reduce the cost of national security based on nuclear deterrence; build an efficient and strong government compatible with the market growth phase on the basis
[Abstract] Based on the future economic trends, the EU economy will continue to recover, but its growth speed will be very slow. The European Central Bank will continue to adhere to a loose monetary policy,
[Abstract] Along with the increasingly huge size of China's foreign exchange reserve and growing resource and environmental constraints, China’s economy will experience a strategic change from importing in the first 30 years
[Abstract] Measures shall be taken to increase the proportion of residents’ income in gross domestic product (GDP) and raise residents’ consumption rate. We shall strive to increase the proportion of residents’ income
[Abstract] In 2009, the overall economy improved steadily, the basis was continuously consolidated and it was predicted that the goal of maintaining growth could be achieved. Under the influence of factors including a bumper
[Abstract] On the basis of analyzing the general adoption of the market principle for the consumption of urban residents, the report concludes that in 2010, breakthrough in adjustment of China’s macroeconomic structure
[Abstract] The euro zone will continue to maintain a loose monetary policy in the future. The reason is that the economic environment in the post-crisis era is highly uncertain and policy adjustment will be more cautious;
[Abstract] The service sector plays an important role in promoting economic growth, increasing employment, adjusting structure and improving people's livelihood. To promote the development of the service sector,
[Abstract] In 2010, the basic trend of monetary policy is: maintain moderately loose keynote. In aggregate loan volume, new loan size should only be adjusted slightly to be around 8 trillion Yuan; in loan availability,
[Abstract] The trend of world economy in 2010 is still uncertain, and the groundwork for the recovery of China economy is still unstable. Fiscal policy is one of the most important means of government macro-control.
[Abstract] The world economy will speed up recovery in 2010, and the economic growth is expected to exceed 3%, and will hover around the low for a long time. As unemployment cannot recover quickly, capacity is seriously
[Abstract] Since Q2, China’s economy has seen robust rebound, and the economic growth rate set earlier this year is in the bag; it is expected the GDP in 2009 will reach 8.3%. Provided that current aggressive fiscal policy
[Abstract] China’s employment situation will be more difficult next year. For a certain period in the future, service, processing trade in coastal region, start-up business, countryside of mid-west region and minority
[Abstract] Affected by international financial crisis, China’s import & export situation deteriorates, export has continually dropped dramatically, industrial capacity becomes surplus, and national foreign exchange
[Abstract] Strategic reserve of oil is closely related to national security. On one hand we should build and optimize physical goods or prompt goods reserve, also known as oil strategic reserve, further optimize
[Abstract] Emerging economies are essentially nation groups with similar development phases and features. In developing good relationship with such nations, we should firmly support their respective development will
[Abstract] US congress is discussing to impose “carbon tariff” on imported goods. Once the policy is executed, countries around the world will form all kinds of trade protectionism, and China’s foreign
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