Zheng Jingping
Zheng Jingping
continue control earlier earnestly fourth implement perform policies targets year
as long as we continue to earnestly implement the government's macroeconomic control policies and perform solidly in the fourth quarter, then the long-term targets we set earlier this year will be realized.
continued develop economy good growth momentum rapid steady target towards
The nation's economy has continued to develop towards the target of macro-regulation as a good momentum of steady and rapid growth is maintained.
combined decline drop government gradual housing price result stable wants
The stable price drop combined with the gradual decline in housing investments, is what the government wants to result from its macro-control,
adopt bank country economic ensure fast growth include measures problems prominent quick relatively steady tackle
Prominent problems include too quick growth in fixed-asset investments and bank loans, which the country will adopt measures to tackle to ensure a steady and relatively fast economic expansion.
adopt bank country economic ensure growth include keeps measures plans problems prominent prompt rate steady
Prominent problems include a too prompt growth rate in fixed-asset investments and bank loans, which the country plans to adopt measures to tackle, as well as measures to ensure it keeps its steady economic growth.
advantage china cost last low period production surplus trade
The trade surplus in China may last for a period as China's advantage of low production cost still exists.
attach economic economy-and-economics importance protect resources
We need to attach importance to the sustainability of economic growth. We also need a better use of resources and to protect the environment.
happen
Frankly, I don't think this coincidence will happen again.
appreciation cannot currency simply solve
Simply resorting to currency appreciation cannot solve the problem. This has been illustrated by Japan's case.
affected crude degree high oil overall per
China's overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected is limited.
abundant bank chinese demand forces growth guarantee high labor market rapid rate robust
China's high rate of bank savings, investment, robust market demand and abundant labor forces guarantee the rapid growth of the Chinese economy.
china consumers course high imports industries oil process
China imports about 40% of its oil so of course we are affected, especially the industries that are high consumers of oil or that process oil products.
china crude effects limit measures oil rising
China has measures to limit the effects of rising crude oil prices.
control
We need to control the availability of credit.