Wen Jiabao: The Economic Growth Rate Is At A Reasonable Interval Of &Nbsp; Macro Control Has Great Room For Maneuver.

Wen Jiabao chaired the executive session of the State Council.

Analysis of the first quarter economic situation and deployment of the next stage of economic work

Premier of State Council Wen Jiabao 13 days presided over Executive meeting of the State Council We will analyze the economic situation in the first quarter and study and deploy the next stage of economic work.

The meeting pointed out that China's current economic operation is generally stable. First quarter domestic Gross domestic product Year-on-year growth of 8.1%, consumer prices rose 3.8%, industrial production grew steadily, structural adjustment was actively promoted, agricultural production situation was better, summer harvest crops grew better than usual, import and export trade basically balanced, fiscal and financial operations were stable, national public revenue grew by 14.7%, expenditure increased by 33.6%, people's living standards continued to improve, new urban employment increased by 3 million 320 thousand, urban residents' per capita disposable income and farmers' per capita cash income increased by 9.8% and 12.7% respectively after deducting price factors. In March, some major economic indicators rebounded in the first two months, and market confidence continued to stabilize. The manufacturing purchasing managers' index rose for 4 consecutive months. On the whole, the fundamentals of our economy are good, the economic growth is in a reasonable range, and the economic development has great potential, and the macro-control policy has great room for maneuver.

The meeting pointed out that China's economic and social development still faces many difficulties and challenges. The international financial crisis has not ended, and the fundamental problem of the European debt crisis has not yet been resolved. There is downward pressure on domestic economic operation. The pressure of price rise still exists. The financing difficulties of small and micro enterprises are still prominent, and the export industry is facing difficulties. We should not only see favorable conditions and positive factors, but also be confident in doing well in economic work. We should also keep sober minded, calm observation, calm response and prepare for rainy days. We must persist in making steady progress and correctly handle the relationship between the three factors that maintain steady and rapid economic development, readjust the economic structure and manage inflation expectations. We should strengthen policy reserves, reserve policy space, make preparations for dealing with difficulties and challenges, and firmly grasp the initiative in economic work.

The conference has laid down the key tasks for the next stage. (1) continue to strengthen and improve macroeconomic regulation and control. We should strengthen the management of aggregate demand, adjust the fine-tuning in time, and further improve the pertinence, flexibility and foresight of policies. We should promptly implement and improve the structural tax reduction policy, expand the scope of business tax and VAT pilot areas and increase the support for small and micro enterprises. Monetary policy should take into account the promotion of stable and rapid economic development, maintaining price stability and guarding against financial risks, and paying more attention to meeting the needs of the development of the real economy. (two) efforts should be made to expand domestic demand. We must unswervingly expand consumer demand, and maintain a moderate scale of investment to improve the quality and efficiency of investment. To ensure the capital demand for major projects under construction and continue to implement the major projects of 12th Five-Year plan in a timely manner. We will strengthen infrastructure in rural and western areas, urban municipal works, railways, energy conservation and environmental protection. We will strengthen the construction of demonstration zones for industrial transfer in the central and western regions. We should effectively break monopoly, relax access and stimulate the vitality of private investment. We must strictly regulate the financing platform of local governments, continue to properly clean up the local government's stock debt, and continue to support projects with repayment capability so as to prevent the break-up of capital chains. Consummate the policy of promoting consumption. (three) strive to achieve a bumper harvest in agriculture. We should implement the policy of strengthening agriculture, benefiting farmers and rich peasants, do a good job in grain and oil production in the summer, organize good spring planting and crop preparation work, strengthen pest control and prevention, improve the production capacity of "vegetable basket", and ensure the effective supply of [11.35 0.98% shares of major agricultural products. (four) maintain the general price level basically stable. We should improve the circulation policy and the reserve system for the daily necessities of residents in large and medium-sized cities, and promote the smooth operation of agricultural and sideline products prices. Guarantee the supply of domestic refined oil market and maintain relatively stable prices. Strengthen market price supervision and maintain normal market order. (five) strive to maintain steady growth in foreign trade. We should conscientiously implement policies and measures to stabilize foreign trade, speed up the progress of export tax rebates, and actively support enterprises in developing new markets. We should actively expand imports and promote balanced development of imports and exports. (six) accelerate industrial transformation and upgrading. We should increase our support for enterprise innovation and optimization and upgrading, and focus on strengthening technological transformation of enterprises. We will comprehensively implement the comprehensive work plan for energy saving and emission reduction in 12th Five-Year and vigorously promote resource conservation and environmental protection. (seven) consolidate the real estate market regulation and control results. We must adhere to the policy of real estate regulation and control, and never let regulation and control happen again and again. Effective measures should be taken to increase the supply of ordinary commercial housing. We will promote the construction of affordable housing projects and improve the facilities for public rental housing and low rent housing. (eight) strive to protect and improve people's livelihood. We should strengthen employment and social security work, implement social assistance and safeguard the linkage mechanism between standards and prices, and ensure the basic livelihood of the needy. We should do a solid job in covering the new rural social endowment insurance system and the social endowment insurance system for urban residents. We should speed up the construction of education, health, culture and other fields, and actively promote equalization of basic public services. In accordance with the law, we should deal with the actions of land expropriation, demolition, safety production, environmental protection and other aspects, which will harm the interests of the masses, and maintain social harmony and stability. (nine) earnestly implement the key tasks of deepening the reform of the economic system. We should strengthen overall guidance and comprehensive coordination, and steadily push forward the reform of key areas such as finance, taxation, finance, resource product prices, income distribution, medical and health care, and enhance the driving force and vitality of development.