Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Post new topic   Reply to topic
Share | 
 

  Tidbits from China about economy

View previous topic View next topic Go down 
AuthorMessage
hound
Active Member
Active Member


Posts : 66
Join date : 2011-06-18

PostSubject: Tidbits from China about economy   Fri Jun 24, 2011 9:05 am

Government and Policy
Premier says price rises to be controlled
(Xinhua)
Updated: 2011-06-24 19:17
Comments(0) PrintMail
Large Medium Small

LONDON - Chinese Premier Wen Jiabao says his government is confident that price rises will be firmly under control this year.

Related readings:
Premier says price rises to be controlledChina's inflation to rise in June: Beijing
Premier says price rises to be controlledRising pork prices heightens inflation concerns
Premier says price rises to be controlledTaking inflation by the horns
Premier says price rises to be controlledInflation in May hits new high
"There is concern as to whether China can rein in inflation and sustain its rapid development. My answer is an emphatic 'yes,'" Wen wrote in a commentary published Friday in the Financial Times.

Rapid price increases pose a common challenge to many countries, especially to China and other emerging economies, said the premier, who left Beijing on Friday for an official visit to Hungary, Britain and Germany.

"China has made capping price rises the priority of macroeconomic regulation and introduced a host of targeted policies. These have worked," the premier wrote.

"The overall price level is within a controllable range and is expected to drop steadily. The output of grain, of which there is now an abundant supply, has increased for seven years in a row. There is an oversupply of main industrial products. Imports are growing fast," Wen said. "We are confident price rises will be firmly under control this year."

China is now at a new starting point in its drive for development, Wen said. He noted that China will continue to pursue economic structural adjustment, boost research and development, and education, save energy and resources, promote ecological and environmental conservation, and narrow the regional and urban-rural gap.

"China's drive for industrialization and urbanization is gathering pace. Its economy is increasingly market-oriented and internationalized," the Chinese premier said, adding that "we are fully capable of sustaining steady and fast economic growth."

Wen emphasized China's efforts to fight the global economic crisis, saying "the thrust of China's response to the crisis is to expand domestic demand and stimulate the real economy, strengthen the basis for long-term development and make growth domestically driven."

"A notable result of our response to the crisis is that China has maintained steady and fast growth," he said, citing China's gross domestic product annual growth rate of 9.6 percent, 9.2 percent and 10.3 percent, respectively, between 2008 and 2010.

The global economy has been recovering since the eruption of the financial crisis three years ago, but many uncertainties remain and the recovery is fragile, Wen said.

"While the shock of the crisis has yet to end, new risks have emerged," Wen wrote, calling on the world to cooperate closely to meet the challenges.

"We should make concerted efforts to strengthen the coordination of macroeconomic policies, fight protectionism, improve the international monetary system and tackle climate change and other challenges," he said.

The world should also welcome the fast development of emerging economies, respect different models of development, increase help to least developed countries, and promote strong, sustainable and balanced growth of the global economy, Wen said.
Back to top Go down
View user profile
Gmansaid
Elite Member
Elite Member


Posts : 772
Join date : 2011-06-18
Age : 53

PostSubject: Re: Tidbits from China about economy   Fri Jul 01, 2011 4:22 am

WELL I WON'T BE HELPING YOU ANY, I AVOID THE CHEAP CHINESE MADE PRODUCTS LIKE THE PLAGUE. BUY AMERICAN IF YOU POSSIBLY CAN.
Back to top Go down
View user profile
 
Tidbits from China about economy
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You can reply to topics in this forum
Dinar Daily :: AROUND THE WORLD NEWS and CURRENT EVENTS :: WORLD-
Post new topic   Reply to topicJump to: