KANG: Macro-control of economic means will transform industrial structure

On the morning of 12th, Kang, director of the Finance Science Institute of China's Ministry of Finance, said in a speech at the 2010 China Iron and Steel Market Meeting held in Shanghai that next year will mainly use economic means mainly indirect macro-control, to adjust the structure, transfer mode.　　Kang predicts that next year's economic trend will appear before the high stability, the first quarter and the second quarter will undertake the fourth quarter of the high, and then two quarters although there will be a retreat, but the policy factors on a reasonable lift strength, will stabilize in 8.5% growth, macro-control policy will play a role.　　In this respect, he proposed that next year will mainly adopt the indirect macro-control policy, namely the macro-control by means of economic measures, to achieve the effect of the structure and mode of transfer. On monetary policy, he says it will continue to moderate monetary policy next year, and pay more attention to the sense of propriety, differentiated treatment of inflation, because the reality does not exist comprehensive inflationary pressure, but also to consider the expected problems, expected to have inflation, so to manage the expectations, so that the inevitable future inflation will be smooth,　　Reduce the impact of the advent of inflation. And in fiscal policy, Kang proposed that the government will strengthen investment, and the new project strictly control, on the one hand to promote state-owned economic development, on the other hand to adjust the monopoly industry to reduce the threshold of monopoly industry access; In addition, fiscal policy will be in line with the system construction, which will tie in with the reform　　To transfer rural surplus labor to the towns. In addition, he suggested, fiscal reforms would also be promoted, such as the promotion of resource tax reform and the beginning of the next year to try to compile a social security budget.　　In the reform of real estate market, we must strengthen the reform of the real estate preservation link and promote the levy of property tax. On the introduction of the resource tax, Kang also reminded the steel industry in the next year will be a move, we must pay attention to how the development of their own and low carbon policy, to combine their own production and operation to achieve energy-saving emission reduction, to prevent the backward production capacity and be eliminated. (Cam is from Shanghai)