Huang Mengfu: Moderately controllable inflation without damaging the economy

, November 25 News, in Shanghai today in the 2010 eight annual China Mergers and acquisitions meeting, the CPPCC Vice President, President Huang Mengfu said, moderate and controllable inflation is the inevitable outcome of economic development and structural adjustment, and will be conducive to economic development. Huang Mengfu said that China's current inflation problem is not caused by the supply and demand relationship, but mainly because of energy, agricultural prices caused by cost-driven combined with speculative expectations. Inflation of about 4% may be the economic development stage must experience, but also the economic restructuring of the inevitable product, it is China's economic structure adjustment and transformation is advantageous.　　The tightening of this type of inflation monetary policy does not work, and monetary policy is moderately tight or will have a certain impact on economic development. According to the phenomenon of private enterprise mergers and acquisitions, he said, for the domestic development to a certain stage, with a certain capital of enterprises, mergers and acquisitions is their big and strong opportunities and ways. Competitive enterprise mergers and acquisitions competitiveness is weak, the rapid development of enterprise mergers and acquisitions slow speed is the general trend.　　Such a benign merger is better than the fittest of the market, because it can produce "1+1" than "2" effect, in the current international and domestic situation, our industrial restructuring is to encourage such a benign merger. At the same time, he also pointed out that, although the investment and acquisition market is unusually active, private mergers and acquisitions, in particular, the merger and acquisition system has been faced with many difficulties. We want to encourage large-volume private enterprises to acquire domestic and foreign effective assets, through mergers and acquisitions to achieve accelerated development, at the same time, China's sustained economic growth to provide a steady stream of development momentum. (A Huan)