Half moon on: macroeconomic regulation and control effect nbsp; price stability to be alert (1)

Year, CPI (consumer price index) has been high. January rose 4.9%, in July, hitting a year high of 6.5%. with the release of a series of macroeconomic regulation and control policies, CPI u down years, and by October had fallen to 5.5%.　　Experts predicted that in November and December's CPI is expected to continue falling. in 2011, the CPI is inverted v-trend as sure. Despite the optimistic about next year price situation in the industry, but should not be overlooked is that price stability is not the basis of strong, rising labor costs, resources, key challenges, such as persistent, stable prices are still to be alert. Macro-control effect, preliminary to curb price rises too fast momentum in October 2011, the national overall consumer price level rose 5.5%. Since August, CPI inflation has been March down. CPI March "broken 5", and by June "broken 6", to the
October return "5 times", painted a v-shaped curve. price rises too fast the momentum of the initial is contained.　　Relationship between the people's livelihood as an important economic indicator, since this year, the CPI has been the focus of social concern. earlier, price stability has been designated as a primary objective of macroeconomic regulation and control, with the changes in the economic situation at home and abroad, controls, developing production, enlivening the circulation of currency, a series of measures to stabilize prices introduced.　　Monetary policy is to restrain inflation weapon. February 9, PBoC raised financial institutions renminbi deposit and loan interest rates. at that time, the gain from increased per cent in December 2010 to the CPI per cent in January 2011, prices face significant upward pressures. Subsequently, the Central Bank repeatedly increased Bank reserve requirements, increase the intensity of operations on the open market. Issued by the Central Bank's third-quarter monetary policy report shows that at the end of September, China's broad money supply growth has been from the top end
Per cent of high callback to 19.7% and return to a normal level of monetary and credit growth.　　In using means of monetary policy adjustment needs, while increasing product supplies are equally important. in terms of ensuring supply, food production was placed in a prominent position.　　"The hands of grain, not to panic." important basis for high yield of grain is to maintain price stability. to that end, early this year, the Government introduced a number of initiatives, support of increased food production.　　For example, expanding the scope of winter wheat drought-resistance water subsidies; implementing regreening jointing stage of winter wheat seedlings of weak fertilizer subsidies; specialization Commission of the implementation of pest control rule grant; implementation of Northeast rice seedlings in greenhouse benefits; implementation of Southwest maize with plastic film mulching cultivation in Northwest grant; expand the scope of drought defying service team at county level in arid area subsidies; increase the intensity of drought-resistant infrastructure; organization and implementation of national stability of grain yield, and so on. In July, the State Council Executive meeting also identified the promotion of live pig production sustainable and healthy development of many of the political