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GDP Expected to Rise by 8% in 2010
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Chinese Prime Minister Wen Jiabao delivered his Government Work Report this morning in this year's People's National Congress.
He announced the mainly expected targets for China's social and economic development in the year of 2010, among which China's GDP is expected to rise by 8%, more than 9 million people will be employed in cities and towns, the registered unemployment rate will be controlled within 4.6%, and the increase rate of CPI(consumer price index) will remain at 3%.
The excessive increase of housing price in parts of cities will be curbed firmly to meet people's basic living demands.
He announced the mainly expected targets for China's social and economic development in the year of 2010, among which China's GDP is expected to rise by 8%, more than 9 million people will be employed in cities and towns, the registered unemployment rate will be controlled within 4.6%, and the increase rate of CPI(consumer price index) will remain at 3%.
The excessive increase of housing price in parts of cities will be curbed firmly to meet people's basic living demands.
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Post comment Comment (15 replies)
- Reply gvalq
- It is just a figure used to show what they have do and show the power of the china in the world,it's meaningless,but the common people's life still be very hard,the house price is still very very high.
- Reply hirondelle
- Easier said than done~~
- Reply Samaritan
- gvalq: It is just a figure used to show what they have do and show the power of the china in the world,it's meaningless,but the common people's life still beIt's government's targets and the housing price is much higher.
- Reply hirondelle
- Samaritan: In which part, pls? Housing price?The selling of house contributes a lot to the growth of GDP, government also draws a lot of interests from selling land. If house price decreases, it will cause chain reaction to many other industries relating to real estate.
We hope the house price will drop down, but in the government's inner heart, this must be prevented,or the 8% increase of GDP will not be reached in 2010. We can only expect that the price of house will be stable.
Politicians are mostly liars~~~
- Reply Samaritan
- hirondelle: The selling of house contributes a lot to the growth of GDP, government also draws a lot of interests from selling land. If house price decreases, itgood point of view。haha。
- Reply hirondelle
- Samaritan: good point of view。haha。Hehe, I am a middle school political teacher~~
- Reply Samaritan
- Sally_Fan: The GDP Rised, but my salary never rised, so pity!It's said that salary would be increased this year.
- Reply s10004
- If the fact is as the expected to be,which is good news for china.However,the GDP is only a number.We can not fully depend on it to decide whether the economy of china is brisk ot not.
- Reply Samaritan
- s10004: If the fact is as the expected to be,which is good news for china.However,the GDP is only a number.We can not fully depend on it to decide whether theBut it is an indicator to measure the economy.
- Reply amanda_wei
- I think if you need a new house,buy it now.Don't wait even one minute!The price of house are sharpely rising all the time!
