www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

兩會熱詞 中文專題
NewsGovt ReformKey ReportsPress ConferencesIn the LimelightPanel DiscussionNewsmakerEditorialBackgrounderLeadershipNew FacesForumVideoPhoto
Stand against inflation
(China Daily)
Updated: 2008-03-19 07:30

Premier Wen Jiabao acknowledged yesterday that it will be hard to attain this year's goal of keeping inflation at about 4.8 percent given the accelerated price hikes in the first two months this year.

That does not sound like heartening news for Chinese households, especially low-income families, whose meager purchasing power is being eroded by the highest consumer inflation in more than a decade.

Yet, the premier's matter-of-fact manner assured the public that the government has come to grips with the severity of soaring prices. More important, the premier made it clear that the battle against inflation is not only a top priority this year but also a key task for the coming five years.

This marks a shift in the focus of the economic policies. After five years of golden expansion featuring double-digit GDP growth and low inflation, it is time for policymakers to strike a new balance between rapid and stable growth and mounting inflationary pressure.

Only by defining it as a long-term task can policymakers properly prepare themselves for the unfolding anti-inflation battle that is much complicated by domestic factors as well as external uncertainties.

With a grain reserve of 150 to 200 million tons and an adequate supply of most major industrial products, China is well positioned to overcome any supply shock that sometimes can send prices through the roof. In this sense, the country's current price gains mainly driven by rocketing food prices will be manageable.

However, taking into consideration the country's stringent labor and environmental standards, it is predictable that domestic enterprises will face upward pressures on their cost and try to pass them on to consumers eventually.

And the currently low domestic energy prices controlled by the State are also not a comfort for, sooner or later, the country will learn to live with higher energy prices.

While such domestic factors tend to increase inflationary pressures, a looming US-led slowdown of the world economy is adding to China's risk of drastic economic fluctuation.

A sharp decline in external demand will slow China's economic growth and push up unemployment. That will force policymakers to rethink tightening the monetary which is essential for the success of the war against serious inflation.

Flexibility in policymaking is needed to cope with the changing economic reality at home and abroad. But during the fight against rooted inflation, consistency in policies is required to check the public's inflationary expectations, a high-inflation by-product that will fuel further price gains.

(China Daily 03/19/2008 page9)



Copyright 1995-2008. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form.
主站蜘蛛池模板: 国产午夜亚洲精品一区网站 | 成人区精品一区二区毛片不卡 | 在线观看欧美亚洲日本专区 | 一区二区国产精品 | 国产激情一区二区三区成人91 | 黄色美女在线观看 | 视频在线色 | 美女做爰视频在线观看免费 | 国产91一区二这在线播放 | 兔子先生节目在线观看免费 | 国产视频自拍一区 | 国产91av在线 | 精品久久成人免费第三区 | 欧美私人网站 | 精品国产精品a | 成人国内精品久久久久影院 | 日韩欧美一区二区三区免费看 | 热久久91| 久草在线视频在线观看 | a级午夜毛片免费一区二区 a级性生活视频 | 日本在线毛片视频免费看 | 亚洲精品高清在线 | 91久久国产露脸精品免费 | 中国老太卖淫播放毛片 | 亚洲国产精品一区二区三区在线观看 | 一级国产交换配乱淫 | 中文字幕在线观看一区 | 久久中文字幕久久久久91 | 亚洲一区二区三区福利在线 | 一级视频免费观看 | 久草福利资源在线观看 | 91久久精品国产一区二区 | 成人自拍视频网站 | 99视频在线国产 | 国模午夜写真福利视频在线 | 人操人摸 | 久久国产影视免费精品 | 古代级a毛片可以免费看 | 国产成人a大片大片在线播放 | 成人人免费夜夜视频观看 | 欧美激情视频在线观看一区二区三区 |