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China aims to prevent overheated economy, curb inflation in 2008

Posted on Jan-31-2008· by

    BEIJING, Dec. 5 (Xinhua) — The primary task of China’s 2008 economic work has been set “to prevent the economy from becoming overheated and to guard against a shift from structural price rises to evident inflation,” a key economic meeting said here Wednesday.

    The annual Central Economic Work Conference concluded that the key for next year’s macro-economic control was to keep in check “economic gross value, price stabilization, structural adjustment and to promote balance”.

Chinese President Hu Jintao deliveres a speech at China's 2007 Central Economic Work Conference which is held in Beijing, capital of China, from Dec. 3 to 5, 2007.

Chinese President Hu Jintao deliveres a speech at China’s 2007 Central Economic Work Conference which is held in Beijing, capital of China, from Dec. 3 to 5, 2007.(Xinhua Photo/Ju Peng)
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    The meeting said the country would rationalize fiscal expenditure to boost structural adjustments. Expenditures alt=”Chinese Premier Wen Jiabao deliveres a speech at China’s 2007 Central Economic Work Conference which is held in Beijing, capital of China, from Dec. 3 to Dec. 5, 2007.” hspace=0 src=”http://news.xinhuanet.com/english/2007-12/05/xin_02212040520360781278365.jpg” border=0>

Chinese Premier Wen Jiabao deliveres a speech at China’s 2007 Central Economic Work Conference which is held in Beijing, capital of China, from Dec. 3 to Dec. 5, 2007.(Xinhua Photo/Li Xueren)
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