Senior Chinese government officials said on Monday (May 18, 2009) that China will certainly achieve the 8% economic growth target this year. If the economy declines in the future, the government will introduce more economic stimulus measures.
In the current economic downturn, the officially so rare and clear statement is that the economy can achieve its goal. In addition to hoping to give market confidence, it also shows that Chinese officials will introduce further stimulus measures in the future to ensure that economic growth meets the expected target. .
The official Xinhua News Agency quoted Xu Lin, the director of the Financial and Financial Department of the National Development and Reform Commission of China, in a speech in Hong Kong, saying that China’s economic growth rate for 2009 will certainly reach 8%. In the first quarter of this year, the economic growth rate was better than expected, and if the economy experienced a sharp decline in the next few months, the government may introduce more economic stimulus measures when necessary.
Xu Lin said that these measures can be achieved by strengthening the implementation of existing economic stimulus plans, or by taking out planned measures that have already been prepared, or adding new stimulus plans.
He said that if necessary, the government can increase investment to stimulate the economy.
He also said that the basic judgment of the current economic situation is that the economic recovery situation has been consolidated. Although some economic parameters fluctuated slightly in April, historically, small fluctuations in the economic recovery process were normal. The official hopes to achieve economic V-type recovery instead of W-type recovery.
In addition, he also said that the recent foreign trade performance is not good, but the car sales performance is good. In terms of the value of the renminbi, China will also take a responsible approach internationally.
Given the gloom of the international financial crisis and the sluggish performance of China's economy, Chinese officials have so clearly stated that it is very rare for economic growth to reach the full-year target.
China's gross domestic product (GDP) in the first quarter of this year only increased by 6.1% compared with the same period of the previous year. The growth rate was much lower than the revised 10.6% in the first quarter of 2008, and also lower than the 9.0% before the 2008 annual revision. And 6.8% in the fourth quarter of 2008, showing that the economy is very depressed. The officially set annual economic growth target for 2009 is around 8%.
The economic downturn, the weak demand caused by the international financial crisis, coupled with the persistently high-volume domestic housing prices and the low-lying Chinese stock market, have severely affected the production and life and investment financing of enterprises and individuals, resulting in real consumption dying and economic malformation. Development, life is a lot of hardships.
In view of this, in addition to hoping to give market confidence, senior officials of the National Development and Reform Commission have shown that the Chinese government will go all out to introduce further economic stimulus measures in order to achieve economic growth targets.
Based on the current economy and population size, if China cannot maintain an annual economic growth rate of 8%, there will be a large number of new unemployed people, which will have a great adverse impact on economic development and social stability.
However, economic stimulus measures are only expedient measures. The focus of economic growth should be shifted to get rid of the expectation of RMB appreciation, combat housing prices and promote the development of the stock market. Only in this way can prices, trade and investment return to normal, market confidence can be truly maintained for a long time, and the persistence of consumer enthusiasm can be maintained.
In the current economic downturn, the officially so rare and clear statement is that the economy can achieve its goal. In addition to hoping to give market confidence, it also shows that Chinese officials will introduce further stimulus measures in the future to ensure that economic growth meets the expected target. .
The official Xinhua News Agency quoted Xu Lin, the director of the Financial and Financial Department of the National Development and Reform Commission of China, in a speech in Hong Kong, saying that China’s economic growth rate for 2009 will certainly reach 8%. In the first quarter of this year, the economic growth rate was better than expected, and if the economy experienced a sharp decline in the next few months, the government may introduce more economic stimulus measures when necessary.
Xu Lin said that these measures can be achieved by strengthening the implementation of existing economic stimulus plans, or by taking out planned measures that have already been prepared, or adding new stimulus plans.
He said that if necessary, the government can increase investment to stimulate the economy.
He also said that the basic judgment of the current economic situation is that the economic recovery situation has been consolidated. Although some economic parameters fluctuated slightly in April, historically, small fluctuations in the economic recovery process were normal. The official hopes to achieve economic V-type recovery instead of W-type recovery.
In addition, he also said that the recent foreign trade performance is not good, but the car sales performance is good. In terms of the value of the renminbi, China will also take a responsible approach internationally.
Given the gloom of the international financial crisis and the sluggish performance of China's economy, Chinese officials have so clearly stated that it is very rare for economic growth to reach the full-year target.
China's gross domestic product (GDP) in the first quarter of this year only increased by 6.1% compared with the same period of the previous year. The growth rate was much lower than the revised 10.6% in the first quarter of 2008, and also lower than the 9.0% before the 2008 annual revision. And 6.8% in the fourth quarter of 2008, showing that the economy is very depressed. The officially set annual economic growth target for 2009 is around 8%.
The economic downturn, the weak demand caused by the international financial crisis, coupled with the persistently high-volume domestic housing prices and the low-lying Chinese stock market, have severely affected the production and life and investment financing of enterprises and individuals, resulting in real consumption dying and economic malformation. Development, life is a lot of hardships.
In view of this, in addition to hoping to give market confidence, senior officials of the National Development and Reform Commission have shown that the Chinese government will go all out to introduce further economic stimulus measures in order to achieve economic growth targets.
Based on the current economy and population size, if China cannot maintain an annual economic growth rate of 8%, there will be a large number of new unemployed people, which will have a great adverse impact on economic development and social stability.
However, economic stimulus measures are only expedient measures. The focus of economic growth should be shifted to get rid of the expectation of RMB appreciation, combat housing prices and promote the development of the stock market. Only in this way can prices, trade and investment return to normal, market confidence can be truly maintained for a long time, and the persistence of consumer enthusiasm can be maintained.
Wuxi Holly's manual Clay Target launcher is designed to provide hours of shooting entertainment. The design is easy to use and anyone can easily throw clay targets. This means that the clay target is inserted and thrown at the target to sail, which is very suitable for teaching beginners or fir trees to improve the athletes' wing shooting skills. Both left and right hands work. The durable molded plastic structure can last for many years.
Shooting Training Clay Target,Smoking Clay Shooting Targes,Clay Target Launchers,Electric Clay Pigeon Launcher
Wuxi Holly International Trading Co., Ltd , https://www.hollynbrs.com