subject: Central Economic Work Conference: For The First Time Proposed To Increase The Proportion Of Middle-i [print this page] Central Economic Work Conference concluded yesterday, although maintaining a "proactive fiscal policy and prudent monetary policy," the general tone, ugg bailey bootsbut the wording, the economic situation for the world to judge from this year's "return to growth is expected to continue" to "very severe and complicated, "monetary policy from" the good liquidity of the total gate "to" maintain a reasonable growth of money and credit. "Industry experts said that these changes mean that the macro-control policy will be stable this year amid tight to loose steering, market liquidity will increase, but the "downward pressure on growth and price pressures exist," the judge and "maintaining stability" requirement means that next year there can be massive stimulus measures, or even interest rates are likely to maintain the status quo. Since the market introduction of the policy is not expected until the super-stock index fell the fifth consecutive day on Wednesday, and another nearly 33-month closing low.New formulation: At present, China's economic growth and downward pressure on price pressures exist, ugg dakota slipperssome difficulties in production and operations, economic and financial fields, there are some potential risks can not be ignored. Economic and social development next year to highlight a good grasp of maintaining stability of the overall tone of the work.Interpretation: For the next year's economic growth in the majority of the institutions are expected to remain at 8% to 9%. From the conference "maintaining stability" of the overall tone of the point of view, central to the slowdown in economic growth next year is not worried. Bank financial market analyst, said Tang Jianwei, from the wording of the meeting, the central that the current economic growth, inflation tends to balance several objectives, even if economic growth next two quarters there was a substantial decline, it will not soon stimulus policy, recognizing that more than 10% over the past 10 years, the growth rate is unlikely.Interpretation: Industrial Bank chief economist,ugg boots classic tall said Lu political commissar of the analysis, the monetary policy this year, most of the time of operation is as stable and "tight", and next year is generally "stable to loose."At present, most institutions predict that next year's new line of credit will be the target of 7.5 trillion yuan this year, up to 80,000 yuan. Estimated future reserve ratio will be 4 to 6 times lower, may be released to the market 16,000 to 2.4 trillion yuan of liquidity can result in nominal GDP growth of about 3.2% ~ 4.8%. Does not rule out this year once again reduced. Currently, most institutions expect the short-term interest rates is unlikely to be adjusted.New formulation: Continue to implement the proactive fiscal policy. Continue to improve the structural tax cuts. To promote the business tax reform and property tax levy value-added tax reform, and a reasonable range of adjustment of consumption tax rate structure, a comprehensive reform of resource tax system, ugg classic shorttax reform and research to promote environmental protection.Interpretation: "This is a series of structural tax cuts, business tax reform, tax reform is the biggest deduction," deputy director of the Institute of Fiscal Science, Liu Shangxi, told reporters yesterday that the meeting of VAT on business tax reform, property Tax reform, consumption tax, resources tax, environmental tax requirements, tax cuts can be attributed to the structural manifestation of the so-called structural tax cuts, which means tax increases and decreases, which helps to reduce business tax reform, tax reform, corporate tax, the service sector, and the development of modern service industries, consistent with the direction of industrial restructuring.Liu Shangxi pointed out that the consumption tax increases and decreases in range, such as increasing the consumption tax levied on private aircraft. And comprehensive resource tax reform, ugg boots free shippingenvironmental tax reform can be regarded as increasing taxes, which are related to energy saving, environmental protection related.
