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Author:Cheng, Jianlin
Title:An analysis of price situation and orientation of macro economic policy (original in Chinese)
Journal:Global Market Information Guide (c)
1996 : 9, p.9-10
Index terms:PRICE LEVEL
ECONOMIC POLICY
ECONOMIC ANALYSIS
CHINA
Language:chi
Abstract:In the first half of 1996, the price situation took a favorable turn. It had the following two features: The state of price rise with the rise in grain price as the "dragon head" has been turned round. The prices of middle products and the producer prices of products fell monthly. In the second half of the year. The pressures the price situation is facing are the structural adjustment of prices , the prices of agricultural productive resources staying still at a high level, the greater pressure from financial subsidies and the expansion of investment. The orientation of macro economic policy in 1996 is to continue to control inflation and to push forward the shifts of economic system and economic growth mode.
SCIMA record nr: 158888
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