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Key figures of Premier Wen's government work report


    ¡ñ
  GDP to grow by 8 %
         


    ¡ñ
 
CPI  to rise around 4%

    ¡ñ  Fiscal deficit budget of 950 bln yuan

    ¡ñ  To allocate 42 bln yuan to offset unemployment

    ¡ñ  Urban unemployment rate under 4.6%

    ¡ñ  Urban employment to increase by over 9 million

    ¡ñ  43 bln yuan to build low-rent houses

    ¡ñ  120 bln yuan added to boost agriculture

Xie Xuren

Minister of Finance

Zhang Ping
Minister of National Development and Reform Commission

Zhou Xiaochuan
Governor of the People's Bank of China


 Yuan-based settlements for some China trade likely by March

    Four commercial banks could begin offering yuan-denominated settlement of some of China's international trade deals as soon as March, the central bank said Friday. >>>

China's real economy major victim of financial crisis: chief planner

    China saw its real economy worst hit by the global financial turmoil instead of the financial sector in many other countries, chief economic planner Zhang Ping said here Friday. >>>

   China's monetary policy takes effect, further moderate adjustment possible

    China has acted fast amid the global financial crisis to ease its monetary policy that is beginning to take effect, said central bank governor Zhou Xiaochuan on Friday. >>>

 Policy for settlement of HK-mainland trade in yuan coming soon

    China is expected to soon issue a policy facilitating settlement in yuan for trade between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said Friday.  >>>

Cross-Strait financial cooperation to be deepened

    Financial cooperation between the Chinese mainland and Taiwan will go through similar development and practice in the future as that between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said here Friday. >>>

China central bank intensifies fight against counterfeit money

    Chinese central bank governor said here on Friday that intensified fight against fake money will continue as it was a long-term problem plagued the country, though counterfeit ones were "only in a small amount."  >>>

  No currency swap exercised yet between HK, mainland for liquidity shortage

    The mainland and Hong Kong have not been forced to use the currency pool, which is a result of a currency swap agreement between the two sides, China's central governor Zhou Xiaochuan said  Friday.   >>>

China has multiple plans in case of worse financial crisis impact

    China has multiple plans to prepare itself if the global financial crisis further hurts its economy, said Zhou Xiaochuan, governor of China's central bank, Friday.  >>>

China to expand enterprise bond issuance to fund stimulus projects

    China will expand the issuance of enterprise bonds to fund its massive stimulus projects, said Zhang Ping, minister of the National Development and Reform Commission (NDRC) Friday.>>>

 


Editor:  Yangtze Yan

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