Source: CCTV.com
12-11-2008 08:39
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Intro:
China Wednesday concluded its most important economic policy-making process, the annual central economic work conference. A consensus has been reached that in 2009 China will see more risks for further economic slowdown.
More struggling small businesses, grim export situation, massive unemployment and arduous task for transformation of the economic growth pattern. It seems China has not other choice but to maintain its growth rate above 8 percent.
But how can China stably shift its export-oriented growth model? Is China going to devalue the RMB? What are the key economic policies to stir the country's domestic consumption? Can China's growth, the alleged engine for the global recovery, bring the world economy out of recession by the second half of 2009?
