Experts: Last year's credit surge in China has begun to show signs of inflation

Source: Internet
Author: User
Keywords China last year inflation China signs
Tags credit development economic economic growth economy famous economist forum show
"There is also room for improvement in domestic tax starting points, which is one way to increase the purchasing power of residents," he said.  "The former deputy chairman of the NPC Standing Committee, the famous economist Cheng in the 2010 years held yesterday, the forum said. Cheng that last year, China's economy achieved four major achievements: one is to achieve the eight objectives, the second is the rapid economic growth, with Japan, foreign trade over Germany; Third, per capita income and economic growth are basically synchronized, four is six consecutive years of agricultural growth.  He also pointed out that growth also brought some negative things, which could affect economic growth this year. Hou, deputy director of the Development Research Center of the State Council, said in a review of the current economic situation, China is already beginning to show signs of inflation, the housing bubble gathered, asset prices rose, which is related to the planned 5 trillion credit last year, the final launch of 9.6 trillion is directly related to, "40% of the money into The number of projects reached more than 3,800, and this year's new batch of projects, only the size of steel production is expected to reach 700 million tons, a new more than 18 million tons than last year. ”
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