Wen stressed that the media do everything possible to stabilize prices, said the release of policy signals

Pictured: Chinese Premier Wen-Ju Wang agency issued photo

in new network power April 14, “Macao Daily News,” 14 published an editorial, 13 in Premier Wen Jiabao State Council executive meeting stressed the need to do everything possible to maintain the basic stability of general price level. He stressed that research in Zhejiang, “the general level of price stability is the primary task of the current macro-control.” “To maintain the continuity of macroeconomic policies, stability, improve the relevance, flexibility, effectiveness, and to prevent price hikes big fluctuations in the economy. “everything possible to maintain the basic stability of general price level is still some time the main macro-control problem. The government hopes that a variety of means to CPI at 4%.

article are summarized as follows:

the 13th Premier Wen Jiabao chaired a State Council executive meeting, the meeting stressed the need to do everything possible to maintain the basic stability of general price level. At the same time, the National Federation held a press conference, under the Chamber of Commerce, 24 Chinese folk counterparts to send tens of thousands of member companies and initiatives to deal with rational prices rise in cost, not to follow suit ride prices. Stabilize the general price level, protect the basic livelihood, is the current focus of economic work.

due to various domestic factors, the rapid rise in prices of daily necessities of Chinese residents, community-wide concern. In order to ensure price stability in general, the state authorities recently interviewed the beverage, dairy, sugar, wine and other seventeen industry association official, held a major consumer goods trade association forum, stressed that maintaining price stability. The Chambers of Commerce group to ensure that important non-consumer goods prices is a positive response. Some time ago, more than the price of consumer goods giants want to set off a wave, has aroused great repercussion in the community, involved in the investigation in the Development and Reform Commission halted. Enterprises should “self”, resolutely ignoring the interests of consumers to stop unauthorized price increases, price collusion, disrupt the market economic order.

manufacturers currently exist upstream raw material prices rising trend, the rate of increase and large enterprises themselves are under pressure. If this problem can not be resolved, “to suspend price” effect is limited. Corporate profit-driven nature that it does not reduce profits, government departments should strengthen the business, especially regulation of monopolies, beware of them by the name of increased raw material prices rise. With industry influence and monopoly pricing in the price rises should be publicized, open to the public and relevant cost of production, for the record, accept supervision. In addition, countries should ensure a stable macroeconomic environment, stable commodity prices.

inflationary pressures facing China’s economy has become a prominent contradictions. Since January 2010, China’s consumer price index has been rising. Round of price increases, “Pushing Hands”, both domestic factors, there are external factors, both cost-push factors, but also because of supply and demand tension. From external factors, the developed countries to implement the “quantitative easing” policy, the world is awash with liquidity, to bring more Chinese imported inflationary pressures. From domestic factors, in recent years, foreign exchange and bank credit in expanding the size of the double push, China has ample stock of liquidity, with the warming of the domestic economy, inflation will soon re-enter horizon. From the supply and demand factors, the current structure of China is in transition, energy conservation, resource price reform and improve the wages and other restructuring policies, bringing the cost of upward pressure. In addition, extreme weather on food prices is one of the reasons.

prices will inevitably go through a transformation of the long process of national monetary policy easing will not short out. Long period of time expected in the future, China may face greater inflationary pressures continued. Recently, Premier Wen Jiabao stressed that research in Zhejiang, “the general level of price stability is the primary task of the current macro-control.” “To maintain the continuity of macroeconomic policies, stability, improve the relevance, flexibility, effectiveness and prevent price hikes and big fluctuations in the economy. “everything possible to maintain the basic stability of general price level, the price rise within the limits of tolerance is still some time the main macro-control problem. The government hopes that a variety of means to CPI at 4%. Among them, the real estate market, price regulation is the most important. High prices, people can not afford housing or who can not afford housing is the biggest livelihood issues, from central to local recognize the problem. Wen said: “The issue of housing supply and house prices vital interests of the people involved, relations healthy economic development, social harmony and stability, the central goal of strengthening the regulation of the real estate market is clear and firm determination of the governments at all levels to effectively carry out responsibility. “lessons should be around, find the lack of regulation of the real estate market to consolidate and expand the effectiveness, unswervingly adhere to control the direction, control efforts are not relaxed.

material base, a stable price level and the prerequisite conditions. International political situation and complex economic environment, commodity prices and rising energy resources, which gave China’s sustainable economic growth is not a small effect, imported inflationary pressures further increases, we must solve this problem from the source, namely expand production, unrelenting grasp of agricultural and food production, increasing agricultural, energy supply, and clear the logistics and transport.

grasp as long as all levels of government price regulation of the timing, tempo and intensity, they will be able to maintain the overall level of the basic consumer price stability and ensure the basic livelihood of the masses.

(edit: SN025)