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2008 China GDP growth rate the initial goal of 8 percent

National Development and Reform Commission Financial Secretary, Xu Lin yesterday (the 13th) of the Chinese Academy of Social Sciences Forum gap that is expected in 2007 China's gross domestic product (GDP) growth of 11 percent, and 2008 GDP growth ta

National Development and Reform Commission Financial Secretary, Xu Lin yesterday (the 13th) of the Chinese Academy of Social Sciences Forum gap that is expected in 2007 China's gross domestic product (GDP) growth of 11 percent, and 2008 GDP growth target for the initial 8 percent.

According to media reports, Xu Lin pointed out that in the last year, the consumer price index (CPI) growth rate is close to 5 percent, in the hope that inflation this year will be controlled at 4.6 percent.

In accordance with established practice, March 5 at the National People's Congress set this year's economic development goals.

Xu Lin said that China faces CPI rose from the "serious challenges", the government will strictly control inflation.

In early December last year at the Central Economic Work Conference, to prevent economic growth from overheating Piankuai to prevent prices from rising structural evolution is obvious the current macro regulation and control of inflation as the primary task.

At present, in 2007 the annual CPI data has not yet officially announced. However, last November, CPI rose 6.9 percent, 1 to November total CPI rose 4.6 percent.


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2008 China GDP growth rate the initial goal of 8 percent