Shijin: Steady increase in the stability and sustainability of economic recovery

Source: Internet
Author: User
Keywords Xinhua
Tags consumption control demand development economic economic recovery economic reference forum
November 5, 2009, "The first anniversary of the implementation of the crisis package Plan" summit held in Beijing, Xinhua to live. The picture is Shijin, deputy director of the Development Research Center of the State Council. Xinhua Chen Xinhua News: Sponsored by the Economic reference newspaper, "the sustainable development of the post-crisis era--the first anniversary of the implementation of the crisis package" forum, 5th, the forum around the opening of the Conference on Macro-control and economic operation, expanding domestic demand, structural adjustment, promote reform and other topics discussed.  At the forum, Shijin, Deputy director of the Development Research Center of the State Council, said the stimulus package was effective for one year and that the stability and sustainability of our economic rebound are steadily increasing. Shijin pointed out that the past year should have experienced the most economic crisis since the Second World War year, is the global technology industry in the financial governance structure in areas such as the development of important changes in the year. It is a challenge for us to take advantage of the crisis in China, but the opportunity is greater than the challenge.  It is important for us to take the opportunity and create the conditions to promote the economic transformation for a longer period and to create conditions for steady and relatively rapid development. The first is a steady increase in the stability and sustainability of the economic rebound. The overall economic situation has been good this year, and the stimulus package has worked well, with GDP growth of nearly 9% per cent in the 3 quarter, 1 to 3 quarters of 7.7%, and a growth target of no big problem.  But there are some data to focus on, as market investment begins to improve, and the car and real estate markets grow, and their performance is directly related to our economic growth. Real estate investment growth rate from 1% to 17.7%, September year-on-year growth reached 37.1%, the car has entered 1 million, due to the impact of the financial crisis, completed 10 million delayed a year.  and led to the relevant industry investment, private enterprise investment growth rate reached 35.2%, foreign-invested enterprises are gradually recovering, the September China's actual use of foreign capital growth of 11.93%. The second is consumption, consumption performance than we expected, when the crisis occurred after the forecast is the consumption rate is also going to decline, the first 9 months year-on-year growth of 15.1%, of which 7 to September growth of 15.2, 15.4, 15.5. Total imports and exports fell by about 20% in 1 to September, but the last 3-month export scale exceeded 100 billion dollars.  Is the total decline in the time is also falling, but the market share is on the rise, according to statistics in the first half of 2009 China accounted for the United States, Japan, the European Union, the proportion of imports were 18.7, 22.3, 18.5. In the past 9 months, government investment has been followed by a sharp drop in short-term demand, leading to a substantial decline in the domestic industry, this time we have to invest in the government, and then to prevent the economic sustained, in-depth correction. However, the government's investment is actually limited, it is impossible to have long-term effect, when the government investment benefits gradually diminishing need for new strength. Three-quarter economic growthLong is good, the second one has happened, and will continue, this is our 4 quarter or next year the economy better outlook.
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