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Top leaders' meeting agrees on economic policy for 2012
By Zhang Fengming |
December 14, 2011, Wednesday
|
Online Edition
Online Edition
CHINA will maintain "a proactive fiscal policy and prudent monetary policy in 2012," according to a statement released after the high-level Central Economic Work Conference which ended today.
The outcome of the conference of China's top leaders echoed the tone set by a similar meeting held by the Politburo of the Communist Party of China on Friday.
China faces the dual-pressure of an economic growth slowdown and rising inflation, officials at the three-day meeting agreed.
China will strengthen the forward-looking nature of its macro economic policy to maintain a relatively fast economic development rate and stable inflation. The country will also increase the number of middle income citizens amid its economic development, the conference said.
China's top leaders and economic planners gathered for the three-day conference in Beijing, which summarized China's economic performance this year and set guidelines for the year ahead.
The outcome of the conference of China's top leaders echoed the tone set by a similar meeting held by the Politburo of the Communist Party of China on Friday.
China faces the dual-pressure of an economic growth slowdown and rising inflation, officials at the three-day meeting agreed.
China will strengthen the forward-looking nature of its macro economic policy to maintain a relatively fast economic development rate and stable inflation. The country will also increase the number of middle income citizens amid its economic development, the conference said.
China's top leaders and economic planners gathered for the three-day conference in Beijing, which summarized China's economic performance this year and set guidelines for the year ahead.
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