The economy is in a key period of stabilization

The current overall situation is stable to a good economic recovery foundation is not strong enough to continue the implementation of active fiscal policy and moderately loose monetary policy to strengthen the research of reserve policy in less than half a month, the first half of 2009 will be over, the current China's economic situation should be judged, And whether the second half of the economic policy will change, is the focus of attention.　　In this respect, the State Council executive meeting held yesterday stressed that China's economic operation is in a key period of stable recovery, we must unswervingly continue to implement positive fiscal policy and moderately loose monetary policy, and timely adjustment and improvement of policies. The meeting pointed out that at present, the economic operation has positive changes, favorable conditions and positive factors increase, the overall situation is stable. But at the same time, we must also see that the foundation of economic recovery is not stable enough, there are still many uncertainties, especially the external environment of China's economic development is still very grim.　　It is therefore necessary to prepare for a longer period of time to deal with difficult and complex situations.　　The meeting request, according to the domestic and foreign economic situation change and the medium and long term development need, strengthens the reserve policy research, enhances the macroscopic control the forward-looking and the pertinence, promotes the economic society to be good and fast development. Economic data released recently in May showed industrial growth at its highest rate since October last year and fixed-asset investment and consumption growth above market expectations, but the decline in exports continued to widen. (Jin Ji)