Ma Kai
Ma Kai
Ma Kaiis one of the four Vice Premiers of China. He was formerly a State Councilor and Secretary General of the State Council of China...
beneficial cooperation crude forward gas natural oil order pipeline push resolute work
We must be resolute about cooperation in order to have mutually beneficial supply. We must push forward work on the crude oil pipeline, natural gas pipeline and upstream development.
avoiding crude global oil possible projects supply
These projects are aimed at avoiding possible oil supply interruptions and restraining global crude oil prices.
continued difficult employment increase intense pressure reform remain short
Employment pressure will remain intense this year, and continued reform and restructuring of enterprises will make it difficult to increase employment over the short term.
growth pay price tomorrow
We do not want to pay too big a price tomorrow for growth today. If that is the case, it is not real development.
both developing growing nations people quickly relations trade
U.S.-China relations are developing well, trade is growing quickly and it's benefiting the people of both nations.
bigger economic economy economy-and-economics living raise resolve standards
To raise living standards and resolve problems, we need a better economic foundation. We need to make our economy a bigger cake.
annual average based compared demand estimated growth percent possible realize stable supply target
Based on supply and demand analysis, it is possible to realize a target of 7.5 percent (average annual growth), which would be stable compared to the estimated 8.8 percent average annual growth
address bankrupt companies large lose number people problem
If we don't effectively address the problem immediately, a large number of companies will go bankrupt and many people will lose their jobs.
bank continue control curb economy environment excessive factors growth investment land lending number pressure prevent projects resources return sales strictly unstable
We will continue to tighten land sales and bank lending to strictly control the number of new projects and curb the excessive growth in fixed-asset investment to prevent a return to overheated investment. The pressure on resources and environment is mounting, the economy is still hampered by a number of shortages and there're still some unstable factors and uncertainties in development.
basis decided enterprise government market price
The government will not interfere. This price will be decided on the basis of market and enterprise negotiations.
decided government interfere price setting
The government will not interfere in setting the price, and the price will be decided by the market.
biggest china economy increase understanding
The U.S. is the world's biggest economy and China is the world's fastest-growing economy. It's important for us to increase understanding and to cooperate.
account annual doubling goal growth per percent plan population reaches taking
Taking into account of population growth, the goal of doubling per capita GDP is achievable if only annual growth reaches 7.5 percent in the 11th five-year plan period,
general outline reflects
The outline reflects the general will of the public.