世嘉中控和玻璃空隙大:China eyes stable growth in 2012 amid "extremely grim" outlook

(Xinhua)
13:06, December 14, 2011China denies overseas military base rumorsChina, UK build geospatial research centerChina, Indonesia unite to protect Bali starlingChina's new standards for foreign investmentCenter for non-war military ops foundedShanghai making Expo Park 'global landmark'Recommended reader’s comments (Dec. 13)
What's happening in China
Shabbier, perhaps safer
Beijing to offer free Wi-Fi in six areasBeijing ranks top in environmental competitivenessChinese cities see more blue sky days in 2010 Copyright to be tied to officials' careersMainland agrees to import Taiwan fresh pearsTeachers banned from using harsh words



China Features
Gutter oil under control: authoritiesInvestigators suspect cause is blood-borneA convoy of thousandsA shoulder for AIDS patientsChina's black market boosts deadly ivory trade86 hepatitis C cases in two townsOpinionsStructural optimization vital to Chinese economyCanada withdrawal foretells chaotic futureNew elite speaks for grass-roots concernsAs economy fails, Nobel Prize still favors USProspects unclear as U.S. hobbles away from 2 wars



Notice for "Me and People's Daily Online" solicitation of articlesFocus on channel, witness the intersectionYahoo! counter-sues SPH in copyright lawsuitSingapore's oldest person dies at 113Iran against U.S.-Afghan military treaty: FMJapan stands firm on relocation of Okinawa MarinesWill Iraq be stable after U.S. fully pullout?
BEIJING, Dec. 14 (Xinhua) -- China will seek stable and relatively fast economic growth next year amid the "extremely grim and complicated" global outlook, according to a statement issued after the closure of an annual central economic work conference on Wednesday.
The main theme of next year's economic and social development will be "making progress while maintaining stability," the statement said. The plans mapped out at the conference will chart the course of next year's economic work.
"Stability means to maintain basically steady macro-economic policy, relatively fast economic growth, stable consumer prices and social stability," the statement said.
"To make progress, we must seize this strategically important development period to make new advances and breakthroughs in transforming China's economic development model, deepen reform and improve people's lives," it said.
The country will maintain its prudent monetary policy and proactive fiscal policy in 2012.
With the world economy slowing and international financial markets in chaos, several prominent risks have arisen. The world's economic recovery is expected to remain unstable and uncertain, the statement said.
"We should strengthen our awareness of risks and develop a full understanding of the challenges and opportunities brought by the global financial crisis to enhance our comprehensive strength and global competence through more strategic planning," it said.
China's economic growth has been slowing all year. Its GDP growth slowed to 9.1 percent in the third quarter from 9.5 percent in the second quarter and 9.7 percent in the first quarter.
Growth of the consumer price index (CPI), a main gauge of inflation, eased to 4.2 percent in November from this year's peak of 6.5 percent in July. It was the slowest pace seen since last September, when it rose 3.6 percent.
However, even with the sharp fall in November, the country's CPI rose 5.5 percent year-on-year during the January-November period, well above the government's full-year inflation control target of 4 percent.
Email|Print|Comments（Editor：王莉莉）
Increases the bookmark
twitter
facebook
Sina Microblog
digg
Google
Delicious
buzz
friendfeed
Linkedin
diigo
reddit
stumbleupon
Qzone
QQ Microblog
Related Reading
China opens meeting on 2012 economic policies Possible fine-tuning of policies clarified OECD predicts low growth for Spain in 2012China not worried over economic slowdown Chinese leaders call for trade liberalization to address global financial problemsChina to head towards mild growthMajor areas show slower growthSlowing economic growth no indication of hard landingSenior Chinese leader urges improved livelihoods, economic growth in NingxiaGreen growth is the key