Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Communist Party leadership warns of "austere" year for China
+ -
08:16, February 24, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Related News
 CPC delegation leaves for Greece communist party conference
 CPC delegation meets Nepali PM
 CPC delegation leaves for Europe trip, Socialist International conference
 CPC delegation leaves for New Zealand, Japan
 CPC delegation kicks off three-nation tour to South Asia
 Related Channel News
· NPC & CPPCC Sessions 2009
 Comment  Tell A Friend
 Print Format  Save Article
The ruling Communist Party of China (CPC) said Monday the country will launch a comprehensive economic package to tackle an "austere and complicated" year ahead.

"We will increase large-scale government investment, implement and readjust a plan to revive industries, make great efforts to boost innovations, and greatly enhance the level of social security," said a press release issued after a meeting of the Political Bureau of the CPC Central Committee.

The meeting was presided over Hu Jintao, general secretary of the CPC Central Committee.

The Political Bureau warned that 2009 would be the most difficult for China's economic development so far this century as "it is crucial for implementing the 11th Five-Year Plan (2006-2010), and the tasks of reform, development and stability are austere and complicated."

The meeting participants discussed a government work report which would be submitted to the forthcoming second annual session of the 11th National People's Congress, the national legislature.

In 2008, "a very extraordinary year", China experienced serious challenges and tests for economic and social development, and made great achievements in the country's reform, opening up and socialist modernization drive, the press release said.

In the past year, the government readjusted macro-economic policies promptly and decisively to cope with the serious impacts of the global financial crisis; maintained stable and relatively fast economic and social development; pushed forward reform and opening up; accelerated the development of social welfare; improved people's living standards; made great achievements in dealing with extraordinary natural calamities; succeeded in hosting the Beijing Olympics and Paralympics; and accomplished theShenzhou-7 manned space flight.

The Political Bureau called for greater awareness of the austere and complicated nature of the international and domestic economic situation and for active response to the challenges.

Efforts should be made to increase domestic demand, change the development mode, accelerate the strategic readjustment of the economic structure; deepen reforms; and improve living standards and promote social harmony, said the Political Bureau.

Source: Xinhua

http://paper.people.com.cn/rmrb/html/2009-02/24/content_198803.htm



  Your Message:   Most Commented:
British boy becomes father at 13 
Satellite collision reflects necessity for int'l laws: Russian expert
China-made electric cars to enter US market
Survey on two sessions
U.S. Secretary of State Hillary Clinton arrives in Beijing for China visit

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90777/6599287.pdf