Yin Cheng: Some economic indicators are showing signs of overheating

Xinhua Beijing, April 29, the latest publication of the "Chinese People's Congress," the magazine published a reporter to the National People's Congress deputy director of finance and Yin Cheng interview.　　Yin Cheng said that the current economic situation in China is running high, some indicators trend "overheating" or "overheating signs." In mid-April, the National People's Congress was briefed by 6 departments of the State Council, such as the Ministry of Finance, the Peoples Bank and the National Bureau of Statistics, on the national economic performance of the first three months of this year, and analysed the economy situation of this year.　　The Chinese big magazine reporter hears The news, specially interviewed the participation the National People's Congress Financial committee deputy chairman Yin Cheng. Yin Cheng said in an interview, the state Council of these 6 departments are separately from the perspective of the first quarter of this year's national economic performance. The National Development and Reform Commission reported that, "this year, the economic recovery to the good momentum of further development, expanding the scope of the foundation more solid, the national economy started better." "The Ministry of Finance report that," the first quarter, the national economic development began better, the second half of 2009, the rebound to a better situation further development. "The Ministry of Commerce report that, from the first quarter of the situation," China's economic development facing the domestic and foreign environment continued to improve, the rebound to good momentum has been further consolidated. "People's bank report that, from the first quarter of the situation," China's economic rebound further consolidation, faster growth, price levels and inflationary expectations of rising pressure, monetary and credit expansion is also relatively strong momentum. "The report of the National Bureau of Statistics, said," The first quarter, the overall recovery of the national economy to the good development momentum has been further consolidated, a good start, in order to achieve the year's expected goals laid a good foundation. However, there are more uncertainties in the external environment of development, and the sustainability of development faces new challenges. Yin Cheng said that comparative analysis of the data provided by various departments, despite different tones, but all think that the first quarter economic situation "rebound to good", "good start", the national economy runs "in a normal range." I basically agree with this judgment, but think also should add a judgment, namely our country economy present high movement situation, some index trend appears "overheat sign" or "overheat indication". This may be more comprehensive.