. Hot Focus: China’s GDP growth in the first half rose 7. 9% 10.

4% CPI: This year, all localities and departments to seriously implement the central government on economic work this year, the decision-making arrangements, efforts to overcome the spate of natural disasters of major difficulties, actively dealing with the complicated international economic situation, the national economy continues to move the expected direction of macro regulation and control in general maintained a steady and relatively fast run trend. Preliminary accounting, 13. 0619 trillion yuan in the first half of GDP, comparable prices, an increase of 10.

4% over the same period the previous year was 1. 8 percentage points. Among them, the primary industry added value 1.

18 trillion yuan, an increase of 3. 5%, down 0. 5 percentage points; the secondary industry 6.

7419 trillion yuan, up 11. 3%, down 2. 4 percentage points; tertiary industry 5.

14 trillion yuan, up 10. 5% , down 1. 6 percentage points.

Money and credit growth drop significantly from the tight monetary policies should continue to adhere to: The implementation of tight monetary policy from the past six months, the central bank show a gratifying responses. 14, the first half of the central bank announced monetary and credit data, the results show that the broad money supply (M2) growth dropped to 17. 37%, the narrow money supply (M1) is down to 14.

19% for June 2006 the lowest since . At the same time, in the first half was 2. 4525 trillion yuan of new loans, loan growth fell to 14.

12 percent for the 27 months since the minimum value. Tight monetary policy has achieved remarkable results. Insiders pointed out that in the current economic environment, the future still need to adhere to the direction of tight monetary policy unchanged, but in the regulation of the process should focus more on structural factors.

The FEC: continue to adhere to sound fiscal policy and tight monetary policy: First NPC Financial and Economic Committee, held from 15 to 16, the 5th plenary meeting, listen to the National Development and Reform Commission, the Department of Agriculture, Ministry of Commerce, the People’s Bank and the National Bureau of Statistics on the economic situation in the first half of this year’s report, and conducted discussion. Members believe that current economic and social development situation is good, major natural disasters and unfavorable factors in the international economy will not change the basic situation of China’s economic development, the national economy is expected to continue moving in the direction of macro regulation and control. However, the economic operation is facing some of the more outstanding difficulties and problems: the general price level continued to rise, increasing inflationary pressures; affect agricultural production and farmers continued to increase stability constraints more farmers to grow grain has been affected.

Members believe that, should continue to adhere to sound fiscal policies and tight monetary policy, strengthen and improve macroeconomic regulation and control, enhanced macro-regulation more proactive, targeted and effective. Meanwhile, according to domestic and international economic environment changes, grasp the intensity and pace of policy implementation to avoid big ups and downs in the economy, maintain steady and rapid economic development, disaster recovery and reconstruction and a good job of the Olympic Games and Paralympic Games to create a good environment. Cool “test in China: July 8, the State Information Center recently released the “China Economic Monitoring and Early Warning Report” shows that comprehensive reflection of the macroeconomic conditions of coincident composite index has declined slightly for 7 months, described the first index of future economic trend continues downward, the economy the economy was continuing trend of high drop.

This means that, subject to economic cycles and other factors, China’s economic growth this year cooling trend is increasing. The first to feel this economic cooling trend, two of China’s economic growth “engine”, also “World Factory” core?? Pearl River Delta and Yangtze River Delta region, manufacturing firms that are more common and serious face difficulties. Fax a letter to the State Department of Commerce proposed revaluation deceleration: Last week, the State Department asked the Commerce Department to report to the first half of this year’s foreign trade situation and put forward policy proposals.

Yesterday, an official source, the Ministry of Commerce has formally proposed to the State Council slow down the pace of yuan appreciation, while improving clothing, toys, footwear export tax rebate rate in order to prevent a large drop in exports. Ministry of Commerce said the proposed export enterprises need more time to adjust, otherwise many businesses will close down. Fine-tuning of macroeconomic policies may continue to control the “two high and one capital” exports: 15 July, the Commerce Department Deputy Director Liu Haiquan integrated told reporters that the Ministry of Commerce is preparing the first half of economic analysis and policy recommendations of the report, according to plan, this report will be submitted to the State Department this week.

Meanwhile, this week, the central economic analysis conference will be held, is expected at this meeting, the decision-making will be the direction of the second half of macro-control, focus, intensity and rhythm create a more unified view. According to the Ministry of Commerce official said that “two high and one capital” (high energy consumption, high pollution, resource-based) products, the state will continue to take a variety of policy and effective export controls. .

Share this page: