Beijing (AP) - the leadership of the communist party of China that there is hope of reform, the purpose is to reduce reliance on exports, more consumption, if necessary, shored up economic recovery.
In its economic goal since, power in the November first statement, new party leaders said on Sunday, continuity and aims to cultivate self sustaining growth and improve income long-term plan. There is no sign that the major changes or new stimulus plan.
They have pledged their support for domestic consumption growth of small businesses, creating employment opportunities and more rural residents migrated to expand the city find treatment better job.
New party general secretary, xi jinping and other leaders under the pressure of the maintenance of the basis, provide the thirty years of rapid growth, but running steam export and investment economic model. The company and political analysts look, look, how far they are willing to go to reshape the country's leading economic.
In the short term, they also need from China's most serious economic recession keep back in 2008 since the global financial crisis on the track.
The leaders pledged to "proactive fiscal policy" and "prudent monetary policy," the official xinhua news agency in over two days of annual planning meeting in a statement of the distribution. It is to point to increase government spending, if necessary, to keep credit easy, as long as inflation low intend to.
The world's second largest economy is crippled slump push in the latest quarter growth to three and a half years low 7.4%, but weak November trade data showed that the rebound may be rolled up.
The world bank and other analysts say, Beijing, need to curb dominant state-owned enterprises, promote the services sector and consumer spending keep rising income. And they said, do not take timely action, growth may slow down suddenly, leaving China stay in medium income level.
Possible reform faces from state-owned enterprises, may see their privilege to reduce potential opposition, in the party and influential Allies.
"If China does not change its strategy, fall into the" middle-income trap "risk", the former world bank President Robert zoellick said in Beijing last week, in a business meeting speech.
A tacit recognition possible obstacles, Sunday's statement said change, need more political courage and wisdom. "
The new collective leadership commitment "to speed up the structural reform, open market to further encourage efficiency, but they did not give details of possible change. It said:" improve the quality and efficiency of economic growth "will be a" central task ".
The factory production, consumer spending and indexes in the quarter to improve, but analysts said, economic recovery is likely to be progressive, in Europe and the United States did not improve too weak to promote global rebound.
Last week, data display, November trade worsen sharply rebounded after the beginning of August. Export growth from 11.6% in October, than the same period last year plunged to 2.9%. The same import, from 2.4% in October growth.
Sunday's statement did not say the leadership plan to leave the party's official annual economic growth target of 7.5%, to 2015.
It pledged support city orderly development, let the migration from the rural areas looking for jobs pay better town, improve income is one of the key factors.
Leadership commitment, to increase domestic demand, but it did not give details, will be how to do this.
The company is under pressure through the wages rise, workers pocket, put more money to help stimulate consumption. Other changes, need long-term efforts, such as schools, health and other social undertakings increase government spending in the family budget funds for.
A statement Sunday commitment in the direction of a steps: more indemnificatory housing construction and other measures, in order to spread money, China's poor spending.
The new leadership of early statement, it is suggested that they want to reduce China's massive the gap between rich and poor and political sensitive benefit from economic reform and the majority of poor people between the elite.
The new central political bureau this month commitment in the pursuit of economic growth and social harmony and stability. "
The government is due to launch this month long-awaited recommendations, the change of policy, in order to narrow the gap between rich and poor.
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