Li: the policy measures taken by the Government are beginning to bear fruit
Chinese Vice Premier Li Keqiang, the first global think tank today deliver a keynote speech at the summit. Li said that the summit is a global think tank in the international financial crisis is spreading and deepening, the world economy into recession, held against the backdrop.
Li said that since reform and opening up, China’s sustained and rapid economic development, economic volume has reached third place in the world, improved external dependence. The financial crisis spreading and deepening of China’s economic operations have had a great impact.
Chinese government at the same time a substantial increase in expenditure and the implementation of a structural tax cuts, repeatedly cut deposit and lending rates and deposit reserve ratio, increasing mobility.
The face of severe pressure from both international and domestic markets, China’s excess production capacity in some industries highlights contradictions. In these circumstances, we have put in the top ten iron and steel industry, such as the revitalization planning, persist in reform and development to solve problems.
At present, the Chinese government has adopted policies and measures are beginning to bear fruit, the economic operation of the positive changes to improve the overall situation has stabilized, mainly manifested in the strong consumption, investment grew steadily.
Related posts:
- Chinese 4 trillion economic stimulus package began to bear fruit
Chinese 4 trillion economic stimulus package began to bear fruitNews on February 13: Bloomberg News... - Li Keqiang: measures to address the financial crisis in achieving results
Li Keqiang: measures to address the financial crisis in achieving resultsThe afternoon of July 2,... - China’s government procurement will be developed specific measures to support SME development
China’s government procurement will be developed specific measures to support SME developmentNetwork news, according to...
Translate (most links are in Chinese)