The just-concluded Central Economic Work Conference set a six specific economic goals, and in these more macro-economic targets, the newspaper elected to interpret a number of key words, which involves the inflation, supply, new industries, restructuring and import balance etc., from another perspective, we can set the tone for the meeting of the economic insights to be a different. ■ Key words Anti-inflation Policy statements: the general level of price stability in a more prominent position ● Policy Interpretation Inflation is a protracted war National Bureau of Statistics show that on Saturday, November CPI (consumer price index) rose 5.1% from a year earlier than October of this year increased by 1.1% qoq, not only a record high of 28 months, the results exceeded most previously economic institutions and experts predict. Tsinghua University, China and World Economy Research Center, Yuan Gangming that the data from the industrial point of view, the downward trend of the economy is changing, showing steady rise of the state. The prices continuously rising, it is necessary to stabilize the general price level in a more prominent position. Is the seasonal price increases this year, idle speculation, foreign raw material prices and the role of money supply, the result of many factors such as national macro-control measures on the price correction will have a significant impact, but inflation is not only a tough fight, but a protracted war. ■ Key words Supply of agricultural products of modern agriculture Policy statement: the implementation of the "rice bag" provincial governor responsibility system and the "vegetable basket" mayor in charge of the system, do a good job market circulation system, enhance quality and safety management of agricultural products, to ensure that people enjoy their food. To accelerate the transformation of agricultural development, adhere to conditions of modern materials and equipment used in agriculture, technological transformation of agriculture with modern science, with modern industrial system to enhance agriculture, promote the use of modern management in the form of agriculture, promote agricultural production and management specialization, standardization, scale, intensive . ● Policy Interpretation Agriculture super-docking is the fundamental measures to address the high price of vegetables This year, turns up all kinds of food prices, "beans you play" "garlic you relentless", "Jiang your army" "What ping" other network series of the birth of hot words, the National Bureau of Statistics, said a spokesman for Sheng to transport of food is still November prices rose the major promoter, which food prices last month compared with 11.7% a year earlier, the contribution rate of 74%. NDRC Price Zhou Wang Jun, deputy director, recently said the flow of the current high cost of vegetables, vegetables from the fields to the table, people often go through five or six links, each link layers increases, leading to the final price turned fold increase. Excessive circulation, circulation, high cost is an important reason for rising prices of vegetables, the establishment of production cooperatives in rural areas, to achieve high agricultural super-docking is to solve the root vegetables countermeasures. ■ Key words Emerging industries Policy statement: to accelerate the strategic readjustment of economic structure and enhance coordination in economic development and competitiveness. Aspects is necessary to focus instead on accelerating the transformation of the mode of economic development, economic growth and structure of the quality and efficiency, economic development and coordination of population, resources and environment, and effectively promoting the development of changes in the changing and development. ● Policy Interpretation Next year is still the main line of economic restructuring 2011 is the "second Five Year Plan" the first year, is a crucial period for China's economic transformation. Strategic and emerging industries are also high hopes, is expected to "taking over" the engine of economic growth, promote economic restructuring accelerated. Analysts pointed out that the face of profound changes in domestic and international environment, China has entered only the changing patterns of development, restructuring the economy to achieve sustainable development phase, expanding domestic demand, stimulate consumption in particular, is imperative. ■ Key words Public rental housing Policy statement: accelerating the housing security system, strengthen government responsibility to mobilize social forces to increase construction of affordable housing projects and accelerate the transformation of squatter settlements and rural areas dangerous, develop public rental housing to ease the people encountered in the living difficulties, and gradually form of affordable housing in line with the national system and commercial system. ● Policy Interpretation Affordable housing close to the annual residential turnover Real Estate Institute of Peking University, Chan Kwok-keung said that the central economic work conference set the tone, indicating that the central security room in the building for next year's determination more clearly, thinking clearer, more focused, in which public rental housing will be the main form. Keung, that the central goal of protection of housing construction next year, from 580 million units this year increased to 10 million units, this is a very large number. 10 million units next year, the protection of the area of housing supply will be equivalent to residential transactions this year. ■ Key words Income distribution reform Personal income tax system Policy statement: To study and formulate the income distribution reform program, efforts to reverse the growing income disparity, and actively promote the taxation, finance, investment and other areas of institutional reform and resource and environment, and deepen the collective forest right system and state-owned enterprise reform. Gradually improve the personal income tax system, research to promote the production of the service sector in a number of value-added tax collection expanded the scope of reform, and further promote the reform of resource tax. ● Policy Interpretation Regulate distribution of tax reform Employment and income distribution NDRC Deputy Director Ji Ning has recommended that countries should adopt measures to accelerate the adjustment of 8 categories of national income distribution patterns, narrow the income gap. Including increased regulation of tax on the income distribution efforts, reduce the tax burden on low-income persons, increase the tax on high earners regulation. Department of Human Resources and Social Security researcher at the Institute of Labor Wage Di Huang pointed out that increase people's income, you need the family unit as soon as possible consolidated taxable personal income tax reform measures to change the current breakdown of personal income collected by the approaches to improve the income . ■ Key words Active fiscal policy Policy statement: To continue the proactive fiscal policy, fiscal policy played in steady growth, improve the structure, adjust the distribution, the role of promoting harmony; to maintain steady growth of fiscal revenue, optimize the structure of financial expenditure, determined to compress expenditures, with its efforts savings; strengthening of local government debt management, and resolutely prevent the pretext of "five-second" period start blindly setting up shops, on the project. ● Policy Analysis Fiscal policy focuses on "structural adjustment" Jia Kang, director of the Ministry of Finance Finance Division pointed out that during the financial crisis with a substantial increase in investment to maintain stable and rapid economic development of different, active fiscal policy in the future will focus on "structural adjustment." Mainly in the promotion of consumption growth, increase people's livelihood and investment to accelerate the development of service industries and support the development of strategic and emerging industries, in order to achieve more balanced economic growth, industrial structure is more reasonable. ■ Key words Balanced economic structure of imports Policy statement: To create additional new competitive advantages of foreign trade, continue to stabilize and expand foreign demand, speed up transformation and upgrading of processing trade, optimize our import mix and expand the scale of imports, the macroeconomic balance and to play imports on the important role of economic restructuring. ● Policy Interpretation Imports will be expanded next year Ministry of Commerce, International Trade and Economic Cooperation Research Institute said Huo Jianguo, The central economic work conference stressed the mutual benefit and expand international economic cooperation in space, the future, China will continue to increase imports, and expanding foreign investment to cut trade surplus. In the export tax rebate policy, will continue the policy of stability and continuity, should not change much. At the same time, will increase the "two high" exports, to encourage exports of high-end manufacturing, speed up transformation and upgrading of processing trade. ■ Key words Steady Policy statement: keep the economy stable and healthy operation, and effectively enhance the coordination of economic development, sustainability and endogenous motivation. ● Policy Interpretation Next year the new growth cycle Academy of Social Sciences published in 2011, "Economic Blue Book" that run our economy in 2010 will show a "high low" situation, the expected annual GDP (gross domestic product) growth rate will reach 9.9% of the high level. 2011, of the fundamental factors of economic performance did not change significantly in the macro-control policy efforts to maintain a relatively stable condition, 2011, China's economy will maintain steady and fast growth high, with flat growth in 2010, GDP growth rate is expected to reach about 10%. People's Bank of China, Wang Yu, deputy director of Bureau of yesterday is expected late next year or the year after, the world economy will recover, and then enter a new growth cycle. Global economic recovery, economic development in China will have a positive impact.

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