China's response to the world's fears shows a determination to expand domestic demand

International observers, who are anxious to see China's economy heading for next year, have finally come to an answer yesterday, the Global Times reported December 8, stressing that China will continue to implement aggressive fiscal policy and moderately loose monetary policy. That means China is not in a hurry to rein in the brakes on high housing prices, analysts say, and it shows that Beijing has confidence in its ability to control asset bubbles. At the same time, the sustainability of China's economic growth model has been hotly debated in the international media, with pessimistic analysts arguing that the Dubai of China's real estate bubble is unmatched.　　But some experts said the Chinese government did not make a big mistake in the past few years, and the correction is also very agile, which makes any decision in the Central Economic Work Conference maintain a considerable authority over the market. Reuters commented that the meeting's policies showed that the meeting's tone was in line with expectations, suggesting that Beijing was not in a rush to make policy changes before more optimistic domestic and global economic data emerged. "This is not a turning point," said Lu, an economist at Merrill Lynch Asia-Pacific. "Beijing is relatively conservative in its outlook on the global economy, and perhaps Beijing will change its view and adjust its policy by next April or May."　　BBC7 Day Analysis, the meeting made clear that China in the 2010 and future economic development should be focused on expanding domestic demand, with special emphasis on increasing consumer demand, but also to relax small and medium-sized cities and towns household registration restrictions to promote urbanization. In comments by the Associated Press of 7th, China is wary of recovering from last year's stimulus package, which is shared by the rest of the world's major economies, as unemployment continues to rise in the US and Europe.