The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
Market Watch
North American Report
Government Documents
Expat's Eye
Photo Gallery
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue

Eyes Toward a Prosperous 2012
Cover Stories Series 2011> Eyes Toward a Prosperous 2012
UPDATED: December 19, 2011 NO. 51 DECEMBER 22, 2011
Main Tasks for 2012

1. Strengthen and improve macroeconomic regulations and maintain stable and healthy economic development

- Adopt proactive fiscal policies and prudent monetary policies to prevent economic risks;

- Continue with structural tax reduction, step up investments to improve people's livelihood and tighten management of local government debts;

- Fine-tune monetary polices according to economic situations, optimize the credit structure and fend off financial risks;

- Increase investment in agriculture, farmers, rural areas and affordable housing construction, and continue supporting technology innovation, environment protection, strategic emerging industries and key infrastructure projects.

2. Reinforce supplies of agricultural products

- Increase subsidies to agricultural productions and bump up the minimum purchase prices of grain;

- Tighten rural infrastructure construction, including irrigation projects, roads and grids;

- Strengthen efforts to promote rural compulsory education and secondary vocational education, and expand coverage of the new rural social pension system.

3. Speed up economic structural adjustments

- Encourage consumption and increase income of residents, especially poorer population;

- Propel innovation, protect intellectual property rights and sharpen industrial competitiveness;

- Cut back on outdated industrial capacities, promote mergers and acquisitions, develop new energies, stimulate the modern service sector, invigorate the cultural industry and enhance energy conservation and emission reductions.

4. Deepen reforms and further open up to the outside world

- Push forward the value-added tax reform and the pilot program of property tax, reform the resource tax system and research on the environment protection tax reform;

- Deepen market reforms of interest rates, further reform the yuan exchange rate regime and ensure basic stability of the yuan;

- Maintain steady growth of exports, upgrade export structure, expand imports and seek trade balance;

- Attract foreign investments to the central and western regions, widen outbound investments and fight against protectionism in any form.

5. Improve people's livelihood

- Increase the quality of education, promote employment and support labor-intensive industries and small and micro-sized enterprises;

- Improve the social safety net, expand pension systems and help migrant workers in employment, housing, medical health and education of their children;

- Tighten funding, construction, operation and management of affordable housing projects, adhere to control measures of the real estate markets, bring house prices back to a reasonable level, expand supplies of commercial houses and promote healthy development of the property markets.

Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Related Stories
-The Plan for 2012
Most Popular
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved