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Proactive and prudence mix
Source: Xinhua |
February 21, 2012, Tuesday
|
Print Edition
Print Edition
SENIOR leaders of the Communist Party of China agreed in a statement yesterday that the country should continue proactive fiscal policies and prudent monetary policies in 2012.
China shall continue to introduce such policies in 2012, but they could be adjusted slightly according to changes in the economy, the statement said after a meeting to discuss a draft report submitted by the government to the top legislature's annual session next month.
China shall strengthen and improve macro-economic regulations and continue to balance between keeping economic growth, restructuring the economic model and managing inflation expectations, it said.
The country shall also speed up transforming the economic growth pattern and put more efforts to expand domestic consumption demand.
Moreover, the Party and government shall continue to improve people's livelihoods and maintain a steady general level of market prices.
The fifth session of the 11th National People's Congress will start on March 5.
China shall continue to introduce such policies in 2012, but they could be adjusted slightly according to changes in the economy, the statement said after a meeting to discuss a draft report submitted by the government to the top legislature's annual session next month.
China shall strengthen and improve macro-economic regulations and continue to balance between keeping economic growth, restructuring the economic model and managing inflation expectations, it said.
The country shall also speed up transforming the economic growth pattern and put more efforts to expand domestic consumption demand.
Moreover, the Party and government shall continue to improve people's livelihoods and maintain a steady general level of market prices.
The fifth session of the 11th National People's Congress will start on March 5.
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