Original title: The Ministry of finance: Won't publish large-scale finance to stimulate policy this year
north face shirtsReport occupied people net Beijing on July 18 message of website of Ministry of finance, lou Jiwei of minister of Ministry of finance was entering the economy below Sino-US strategy and economic dialog frame the 5th round recently when 2 gist make a speech, conference of conversational special topic expresses, will look from policy orientaton, china won't publish large-scale finance to stimulate policy this year, can be in maintain the premise with finance deficit total changeless dimensions to fall, have sth in mind promotes economic growth and obtain employment, make fine tuning of a few policy.
Lou Jiwei points outhe best spring poolt, chinese economy moves first half of the year overall and smooth. GDP grows 7.7% compared to the same period first quarter. Predict GDP grows 7.5% compared to the same period first half of the year to 7.7% . Obtain employment condition is overall better, obtain emvancouver to harrison hot springsployment grows 3.42 million person completely first quarter, post is vacant with number of to apply for a job it is than making an appointment with 1.07, number of to apply for a job of prep above of obtain employment opportunity. But state of undergraduate obtain employment is not quite good, bathe best selling north face shirtssically be structural sex. Although the obtain employment chance of skilled worker is very much, but the undergraduate is not willing to pursue this kind of job, cause structural sex unemployment. CPI grew 2.7% in June, but PPI is successive 15 months drop, the most popular norton internet antivirusdropped in June 2.7% . PMI is 50.1% , drop somewhat. Exit dropped June 3.1% , the entrance drops 0.7% , exit falls be more than an entrance to fall. Balance of payments still has favourable balance, but favourable balancwatch case openere dimensions is in reduce.
Lou Jiwei says, we see, chinese economy structural adjustment appears a few harrison hot spring dealnice change. The contributive rate that spending increases to GDP the best selling modern dining chairsfirst quarter is achieved 55.5% , the proportion that tertiary industy holds GDP is added to 47.8% . Investment and industry compared great, growth in the past fast, consumption and service proportion are rising now. Believe 2 quarters will still continue this one trend.
Lou Jiwei expresses at the same time,watch case manufacturer will look from policy orientaton, china won't publish large-scale finance to stimulate policy this year, can be in maintain the premise with finance deficit total changeless dimensions to fall, have sth in mind promotes economic growth and obtain employment, make fine tuning of a few policy. The deficit this year holds GDP proportion for 2.2% . Deficit dimensions will keep changeless, but should adjust a structure. Administration is departmental a run-of-mill defray is cut 5% . Outside dividing salary, include to tranthe most popular selling norton internet antivirussfer the other funds that pays inside to want to cut down to the place. Meanwhile, we will publish a few measure that reduce tax, be aimed at the measure reducing tax of small company especially, make its make contribution to promote obtain employment better.
Lou Jiwei says, current China government is deepening reform. Brewing finance reforming, can develop in order to support economy and financial continuously. Total direction is: The first, adjust administration and duty of local government defray, increase the defray liability of administration appropriately, the whole nation of more unified, fairness and basic and public service influences safeguard market equably. The 2nd, perfect taxation system, compose builds cess system. The key is to advance value added tax to realize complete transition, value added tax promotion arrives to serve industry entirely, praedial bring into value added tax to touch buckle limits. This job predicts to be finished inside 9 years, predict 900 billion yuan or so to reduce tax. The 3rd, accelerate budgetary system reform, compose builds complete, standard, transparent budget system, adjust a budget to balance a method, debt of perfect local government runs a system. The 4th, undertake reform to system of provide for the aged, medical treatment, make its have more but durative. Will always tell, we fall in the case that does not make big adjustment to short-term and macroscopical economic policy, the step that basically takes supportive growth and obtain employment, usefree norton internet antivirus more energy at promoting reform below one round. (Yin Shen)
