Chinese money is long: The government won't roll out large-scale economy to stimulate policy again

China News Service is Muscovite on July 20 report (peak of reporter Gu Jing) 20 countries group (G20) money watch casesis long reach conference of Central Bank president 20 days concluding here. Lou Jiwei of Chinese finance minister expresses on the conference, although Chinese economy is added fast put delay somewhat, but obtain employment situation is pretty good. He snorton internet antivirusays at the same time, chinese government won't roll out large-scale economy to stithe most popular watch casesmulate policy again, promote growth and obtain employment through reform however.

Lou Jiwei says, china economically half an year grows 7.6% , annual anticipates economy grows a target is 7.5% . Increase town obtain employment newly first half of the year 7.32 million person, thafree watch casen last year the corresponding period adds 380 thousand person, although economy is added fast put delay somewhat, but obtain employment situation is pretty good. This basically is profit from growtfree norton internet antivirush of obtain employment of service line of business is rapidder. Data shows, service line of business invests and grow with n faster.

brass faucet

Occupy Lou Jiwei to analyse, the contributive rate that Chinese only outlet increases to economy first half of the year is 0.9% , show Chinese economy growth needs inside main support, economic structure is in produce positive change. Chinese government will conbrass faucet aerator tinue to promote economic growth and structural adjustment through reform.

With respect to the finance revenue reform of near future China, lou Jiwei divulged relevant policy moves toward:

One of, will reduce governmental control. Nearly a few months, chinese government already was divided batch cancel 165 to examine and approve item, still will roll out the 3rthe best spring poold batch.

Secondly, continue to advance business tax to change reform of value added tax. Chinese government will use two years of time, the business tax that will serve industry is total instead value added tax, although finance income can reduce on cwatch case manufacturerertain level, but expand stimulative service line of business quickly.

Thirdly, in afore-mentioned processes, chinese the best selling north face shirtsgovernment achieves effort balance of finance income and expenses. Expenditure also will be reduced while China is reducing tax this year, the run-of-mill defray that administration already decided will departmental door is cut down 5% , and not be patient of is exceptional.modern dining chairs Meanwhile, maintain finance policy stability, chinese government will realize financial to be able to last through reform, finance deficit rate predicts to be 2.1% .

Lou Jiwei expresses, chinese government won't resemble rolling out large-scale economy to stimulate policy again in that way 2008, advance structural adjustment, town to change through reform however, produce the effect of the natural disposition inside the market better, stimulative growth and obtain employment. In the meantime, china meets what pay close attention to global economy closely to go situation. (Be over)