The China Development Forum 2012 in Beijing

April, 2012

It was held in Beijing the China Development Forum 2012. The Chinese vice premier Li Keqiang said to more than 500 delegates, representing governments, international organizations and entrepreneurs, that China should accelerate the transformation of its growth pattern and economic restructuring, to ensure stable and rapid growth.

Chinese Premier Wen Jiabao, during the China Development Forum 2012 held in Beijing, has renewed confidence in foreign investors, paying attention to the fact that China is maintaining a rapid rate of growth. Despite the statistics reveal that the Chinese economy slowing in the growth of gross domestic product, the positive trend of long-term economy remains, in fact, unchanged.The decline relative to the data on gross domestic product would, in fact, mainly due to the global economic crisis that is affecting countries always the main target markets of Chinese products. It is not, therefore, an endogenous weakness of the Chinese economy. The seal of the Chinese economy in the face of global economic crisis was also highlighted by the President of the International Monetary Fund (IMF), Christine Lagarde, who said that "facing the international crisis, China has once again shown leadership and managed to evolve appropriate policies. The world economy would, in fact, could be made even worse without the dynamism brought about by the growth and stability of China " .
“Will be strengthened friendly exchanges, especially the trade and economic cooperation between China and the world”

Wen Jabao

Chinese Premier

In response to the contraction in exports, the politicians would have to study government interventions to stimulate domestic consumption: China's Ministry of Commerce, Chen Demin, at a press conference, anticipated a number of facilities that should prompt the Chinese to increase consumption. For 2012, the resumption of growth continues to be, then, the key objective and priority of the next economic policy interventions. To ensure stable and rapid growth in the country, a fundamental is the transformation of its growth model and its economic restructuring, as outlined by Chinese Vice Premier Li Keqiang at the Forum .