久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Latest News

China to continue fiscal, monetary policy

(Xinhua)
Updated: 2013-03-05 09:43

BEIJING -- China will maintain a proactive fiscal policy and a prudent monetary policy in 2013, as well as expand the economy by 7.5 percent, Premier Wen Jiabao said while delivering his last government work report at the parliament's annual session Tuesday.

The Chinese government has maintained the policies since 2011, as well as vowed to maintain their continuity and stability and make them more forward-looking, targeted and flexible.

"We should make our proactive fiscal policy play a bigger role in ensuring steady growth, adjusting the economic structure, advancing reform and benefiting the people, as well as maintaining a balance between boosting economic growth, keeping prices stable and guarding against financial risks," Wen told nearly 3,000 national legislators at the opening session of the 12th National People's Congress (NPC), China's top legislature.

"We will resolutely guard against systemic and regional financial risks," Wen stressed, adding that the government will guide financial institutions to operate prudently.

The government vowed to tighten oversight over financial risks in certain sectors and regions, as well as risks related to the off-balance sheet activities of financial institutions, thus making the financial sector's support for economic development more sustainable.

A proactive fiscal policy denotes a moderately expansionary policy that creates demand and stimulates the economy primarily by expanding domestic demand.

The ultimate goal of a prudent monetary policy is to maintain price stability, as it usually means a relatively expansionary monetary policy when the economy turns sluggish or a relatively tight monetary policy when the economy shows signs of overheating.

Fan Gang, an economist and former advisor for China's central bank, said the government's macroeconomic policies are balanced.

Fan attributed China's continuous growth over the past three decades partly to the government's macroeconomic control policies.

"Although the macroeconomic controls are subject to discussion, they are good policies that can prevent drastic fluctuations and major bubbles in the economy," Fan said.

China adopted a proactive fiscal policy and a moderately easy monetary policy to stimulate the economy due to the impact of the global financial crisis in 2009 and 2010, which marked a shift from the prudent fiscal policy and tight monetary policy implemented in 2008 for the purpose of bringing down inflation.

From 2005 to 2007, the Chinese government maintained a prudent fiscal and monetary policy.

To implement the proactive fiscal policy this year, the government will increase the deficit and government debt in combination with tax reform and structural tax cuts, as well as optimize government spending and improve management over local government borrowing, Wen said in his report.

Wen projected a deficit increase of 400 billion yuan to 1.2 trillion yuan (about 191 billion U.S. dollars) in 2013 from last year's budgeted figure, with a central government deficit of 850 billion yuan and 350 billion yuan in bonds to be issued on behalf of local governments.

To maintain a prudent monetary policy, the government will improve its policy framework for exercising its macroeconomic controls and have monetary policy play a counter-cyclical role.

The government will lower the expected growth of the broad money supply (M2) to about 13 percent, the lowest target since 2009, when the government began specifying M2 growth figures in government work reports.

Fan sniffed at the notion that China relies too much on an oversupply of money to power its economy, as many developed countries are resorting to quantitative easing to buoy their economies.

"China has the world's highest reserve requirement ratio at 20 percent, thus freezing a great sum of credit," Fan said.

China's M2 rose by 13.8 percent in 2012. In previous government work reports, the government targeted M2 growth of 17 percent for both 2009 and 2010, 16 percent for 2011 and 14 percent for 2012.

"Traditionally, our macroeconomic controls are aimed at ensuring economic growth, stabilizing prices, creating jobs and maintaining a balance in international payments," said Wang Tongsan, an economist with the Chinese Academy of Social Sciences, a government think-tank.

"Now we need to add environmental protection as another major goal for our macroeconomic control policies," he said.

 

8.03K
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    韩国v欧美v亚洲v日本v| 99久久久无码国产精品| 精品国产一区二区三区四区四| 久久爱www久久做| 国产日产欧美一区二区三区 | 日韩在线一区二区三区| 欧美一区二区三区在线看| 国产精品综合网| 中文字幕亚洲一区二区va在线| 色悠久久久久综合欧美99| 天堂午夜影视日韩欧美一区二区| 精品久久五月天| 99v久久综合狠狠综合久久| 亚洲成人免费影院| 精品国免费一区二区三区| 成人高清视频在线观看| 偷拍日韩校园综合在线| 久久精品人人做人人综合| 97se亚洲国产综合自在线观| 日韩精品乱码免费| 日韩高清一级片| 日韩情涩欧美日韩视频| jiyouzz国产精品久久| 爽好多水快深点欧美视频| 久久久久国产精品麻豆| 色婷婷狠狠综合| 美国av一区二区| 亚洲欧美二区三区| 欧美成人一级视频| 色天使久久综合网天天| 久久成人av少妇免费| 亚洲视频中文字幕| 精品国产一区二区三区忘忧草| 99精品国产热久久91蜜凸| 蜜桃久久av一区| 亚洲图片你懂的| 精品久久一区二区| 欧美制服丝袜第一页| 国产真实乱对白精彩久久| 一区二区三区加勒比av| 久久久国产精品午夜一区ai换脸| 在线观看一区二区精品视频| 国产一区二区三区四区五区美女| 亚洲综合激情网| 国产亚洲欧美日韩日本| 欧美日本一区二区在线观看| 国产成人av福利| 日本不卡一区二区三区| 1000部国产精品成人观看| 日韩欧美成人一区二区| 欧美在线综合视频| 成人午夜激情在线| 久久精品国产在热久久| 亚洲综合男人的天堂| 国产日产欧产精品推荐色 | 91久久国产综合久久| 精品无码三级在线观看视频| 亚洲一区二区三区中文字幕在线| 国产亚洲自拍一区| 在线综合+亚洲+欧美中文字幕| 99r国产精品| 国产a级毛片一区| 蜜乳av一区二区| 亚洲国产综合91精品麻豆| 国产精品婷婷午夜在线观看| 亚洲精品一区二区三区四区高清| 欧美性videosxxxxx| av毛片久久久久**hd| 国产精品一二三在| 久久99久久久久久久久久久| 午夜免费久久看| 一个色在线综合| 亚洲视频 欧洲视频| 日本一二三四高清不卡| 亚洲精品一区二区三区蜜桃下载| 欧美精品v国产精品v日韩精品| 色婷婷久久综合| 97精品超碰一区二区三区| 成人免费视频一区| 国产成人欧美日韩在线电影| 久久国产精品色| 日韩成人免费电影| 午夜私人影院久久久久| 一区二区三区美女视频| 亚洲久草在线视频| 中文字幕人成不卡一区| 中文字幕va一区二区三区| 久久久久久久久久看片| 久久综合九色综合97婷婷 | 国产精品乱码人人做人人爱 | 日本亚洲三级在线| 天堂午夜影视日韩欧美一区二区| 亚洲午夜三级在线| 亚洲已满18点击进入久久| 一区二区三区在线观看欧美| 亚洲欧美日韩系列| 亚洲欧洲制服丝袜| 亚洲精品免费在线观看| av影院午夜一区| 国产精品12区| 成人晚上爱看视频| 成人avav影音| 91麻豆免费观看| 成人av电影观看| 成人动漫视频在线| 91丨九色丨黑人外教| 91在线视频在线| 91久久线看在观草草青青| 91国产丝袜在线播放| 欧美优质美女网站| 欧美日韩不卡一区二区| 91精品免费观看| 日韩一二在线观看| 26uuu亚洲综合色欧美| 久久女同精品一区二区| 国产精品日韩精品欧美在线| 日韩一区在线播放| 一区二区国产盗摄色噜噜| 同产精品九九九| 精品在线观看视频| 国产精品小仙女| 91免费在线视频观看| 欧美日韩在线播| 精品少妇一区二区三区在线播放 | 丝袜美腿亚洲色图| 日本美女一区二区三区视频| 精品亚洲aⅴ乱码一区二区三区| 国产成人啪免费观看软件| 91在线码无精品| 欧美三级一区二区| 日韩精品一区二区三区中文不卡| 国产天堂亚洲国产碰碰| 综合久久久久久| 日韩精品一级中文字幕精品视频免费观看 | 日本vs亚洲vs韩国一区三区二区| 久久97超碰国产精品超碰| 国产精品一区二区三区99| 99久久久免费精品国产一区二区| 欧美三级视频在线观看| 日韩欧美国产午夜精品| 中文字幕欧美日韩一区| 亚洲综合成人在线| 老司机精品视频导航| av网站免费线看精品| 欧美伦理电影网| 久久久久久黄色| 亚洲综合在线观看视频| 美女视频黄频大全不卡视频在线播放| 国产激情一区二区三区四区| 色老汉一区二区三区| 日韩一卡二卡三卡国产欧美| 中文字幕久久午夜不卡| 亚洲国产日韩a在线播放性色| 国产自产2019最新不卡| 91福利精品视频| 久久综合色婷婷| 一区二区三区av电影| 久久69国产一区二区蜜臀| 91女厕偷拍女厕偷拍高清| 欧美电影免费观看高清完整版在| 亚洲欧洲日韩av| 美女精品一区二区| 99精品在线免费| 精品剧情v国产在线观看在线| 亚洲摸摸操操av| 国产一区激情在线| 欧美日韩一区中文字幕| 日本一区二区动态图| 日本va欧美va精品发布| 波多野结衣在线aⅴ中文字幕不卡| 欧美日韩国产成人在线91| 国产人成一区二区三区影院| 午夜私人影院久久久久| 波多野结衣亚洲| 精品国产91亚洲一区二区三区婷婷 | 亚洲激情图片小说视频| 国产一区二区三区日韩| 欧美日韩久久一区二区| 欧美激情中文不卡| 美国毛片一区二区| 欧美优质美女网站| 国产精品天天摸av网| 久久精品久久久精品美女| 欧美性猛片aaaaaaa做受| 国产精品丝袜久久久久久app| 毛片不卡一区二区| 欧美私人免费视频| 国产精品久久福利| 国内外成人在线| 91精品国产一区二区人妖| 樱花影视一区二区| 成人自拍视频在线| 欧美成人a在线| 亚洲va在线va天堂| 91在线观看污| 国产午夜精品一区二区三区视频| 日本不卡中文字幕| 欧美精品日韩一区| 亚洲五码中文字幕| 91免费在线视频观看|