Inflation or deflation in the future domestic prices may start to slowly rise

Author: Li Qiang selected draft: Wu Yuexia Oriental net June 9 News: What will be the trend of domestic prices in the future?　　In speculation about inflation or deflation, markets are anxiously awaiting a clearer signal. Zhang Liqun, Deputy Secretary-General of the Academic Committee of the Development Research Center of the State Council and a researcher at the macro-economic Research department, said at the 2009 China Trust Summit in Shanghai that with the recovery of demand and consumption, China's economic growth will emerge from a low to high trajectory, in particular, the rebound in the property market　　But there will be no fundamental change in supply and demand in the short term, and prices are likely to experience a lengthy "slow-rising" process. China's economy has the first foundation for recovery earlier this year, Zhang Liqun the first in the country to propose "China's economy will be the first to recover from the crisis in the year" bold forecast.　　Now, when he comes to Shanghai, he is more optimistic about the 2009 China's economic situation analysis and outlook. Zhang Liqun said that the reasons for the major changes in China's economy in the 2008 and the U.S. and other developed countries are completely different from the economic crisis, "China's economic recovery and the trajectory of the developed countries will be completely different, the Chinese economy itself has a lot of favorable conditions: first, China has a broad market, If you enter the middle-developed world by mid-century, it means that the living standard of a billion of of the population will reach the consumption level of developed countries. In addition, the state-owned economic development of a very good factor guarantee, namely, capital, labor and technology. At present, the domestic savings balance has exceeded 23 trillion yuan, the total amount of deposits amounted to 53 trillion yuan, the fund guarantee ability is very high, labor resources are very rich, the labor force between urban and rural areas is 140 million, the labor supply is abundant compared with the increase of 11 million to 12 million jobs each year. Technology, industrialization, urbanization requires a large number of advanced technology, and the difference in profits will attract the technology of developed countries to transfer to our country.　　"The next stage of demand is expected to recover quickly Zhang Liqun said that from 1 to April this year, investment growth significantly accelerated, the effect of policy stimulus investment has emerged. "With the recovery of consumption, China's economic growth will emerge from a low to high change trajectory." In the second quarter of economic growth, GDP growth rate will be significantly higher than the first quarter. In particular, the housing market continues to rebound, real estate investment activities are now active. Real estate development enterprises to develop new property activities are now more and more active, these will drive real estate investment activities to accelerate. "In the next stage, demand will be expected to recover quickly, but supply and demand are not changing because of demand, and the pattern of supply glut will take a long time, because the potential capacity is still high," Zhang Liqun. "Relatively high economic growth and relatively low prices will remain in the future for a long time, market competition is still relatively fierce, economic restructuring will continue to advance, in the context of the macroeconomic boom, prices will experience a slow rise in the process." ”