NDRC: China's economic conditions continue to maintain steady and rapid growth - China's economy, macro-economic - the steel industry

National Development and Reform Commission, said the head of the 3rd, 30 years of reform and opening up of China's economic development has laid a solid foundation, our country has a huge domestic market, to promote the upgrading of economic structure adjustment, promoting the well-off society will increase the new requirements. If well managed, the work place, our country can minimize the adverse impact of external economies, continue to maintain stable and rapid economic growth.

Official said in an interview in 2008, China's economy withstood the severe test from a wide range of the CPC Central Committee, State Council, leading the Chinese people to overcome difficulties, to calmly deal with rapid changes in the global financial situation China's economic development adverse effects of the national economy maintained steady and rapid development and social harmony and stability.

He "stood out" to describe the first three quarters of China's economic situation, that the current economic and social development of the overall situation is good: "capital growth, control inflation," achieved positive results. The first three quarters, the economy maintained rapid growth, the GDP grew 9.9%, higher than the average 30 years of reform and opening up even faster; regional coordinated development and a positive momentum; economic structure was further optimized, steady income growth, making exports investment and consumption to promote economic growth of these "Troika" tend to equilibrium; changing approach to development has also made new progress, domestic demand, especially consumer demand driving force of economic growth increased. 5 consecutive years of grain yield, yield is expected to exceed record levels.

Official frankly stated that the current outstanding problems in China's economic growth rate of downward pressure: shrinking external demand led to China's export growth slowed down considerably, lack of market demand, costs, benefits decline, it will affect business willingness and ability to invest, then consumption growth will be restricted.

This regard, he emphasized, "We have a clear understanding of the difficulties faced at the same time, but also to enhance confidence and to see changes in the external environment, and promote the scientific development of favorable conditions and positive factors."

He believes that the fundamentals of China's economic development is good, especially after 30 years of reform and opening up and rapid economic growth, China's comprehensive national strength and fighting ability to significantly increase risks to expand domestic demand, space is very broad , macro-control policies more room for maneuver.

Official said, China's large population and relatively low living standards, had just entered the ranks of lower middle income countries, to enhance the space is relatively large. Compared with developed countries, industrialization, urbanization, there is great room for development.

On current areas of focus expansion of domestic demand, he said, China will further increase the "three rural" input, and raise their income levels and spending power, to increase rural water conservancy and other infrastructure, railways, Urban rail transit and investment in environmental protection facilities. China will also expand the scope of value-added tax, to encourage enterprises to increase investment and promote technological progress.

Official said the central government has changed the economic environment at home and abroad, timely adjustment of the macroeconomic policy, adopted a series to promote stable economic growth, increase of benefiting the agriculture, support for SME development to ensure the livelihood of the people, efforts to resolve problems concerning the interests of policy measures. Authorities will closely track and analyze the impact of changes in the international environment, and the domestic economy in the new situations and new problems, focusing on maintaining steady and rapid economic development, focusing on studying the plan.

He stressed the need to maintain a steady economic growth, the most important is to implement the State Council had promulgated a series of control measures. Meanwhile, we should step up research to further boost investment in the growth of domestic regulatory policies, economic growth next year to inject new momentum.

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NDRC: China's economic conditions continue to maintain steady and rapid growth - China's economy, macro-economic - the steel industry