China and America agree to choose economic exit policy carefully

Source: Internet
Author: User
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BEIJING, May 24 (Xinhua Ongyang) 24th Morning, the second round of the Strategic and Economic Dialogue (s&ed) under the framework of the Economic Dialogue held the first special meeting.  According to the briefing by Zhang, deputy director of China's National Development and Reform Commission, the United States and China agreed at the meeting that the timing of the economic exit policy should be very cautious and the steps should be solid and steady. "Promoting a strong economic recovery and more balanced economic growth" is the theme of the thematic session.  Zhang said that overall, the current World Economic Recovery Foundation is not strong, and the impact of the European sovereign debt crisis is uncertain, so the two sides think the choice of economic exit policy is very cautious.  Zhang said that the current European crisis scale and the scope of the country is not very large, in the light of "Europe is the world's largest economic aggregates, but also China's largest trading partner", China will closely monitor the crisis on the European economy and China's external recovery has a negative impact. Zhang said that in this meeting, China National Development and Reform Commission director Zhang Ping focused on China's macro-economic situation, and briefed the United States on China's four important work to be done this year, including the expansion of domestic demand, especially consumer demand, efforts to stabilize the overall price level, and actively promote the transformation of economic development and structural adjustment  Stable development of open economy.  U.S. President Barack Obama's Special Representative, Treasury Secretary Timothy Geithner, said the U.S. government is committed to a strong and sustainable balanced growth, he also talked about the U.S. fiscal deficit is higher, through efforts to gradually reduce.  At the meeting, Chinese Finance minister Xuren and central bank governor Zhou Xiaochuan made a special presentation on China's fiscal policy and monetary policy, and Fed Chairman Ben Bernanke also made a keynote speech. On the issue of the renminbi, which is of great concern to all circles, Zhang said that no Chinese and American people had talked about it at the first special meeting. "The Chinese government has made a very clear and unequivocal statement on the RMB exchange rate issue, which has not changed," he said, whether Chinese president Hu Jintao at S&ed's opening speech this morning or Premier Wen Jiabao, the premier, was in this year's "two sessions" Prime Minister's press conference. ”
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